So why do I believe that Capitec Bank is winning because of a strong, binding sense of purpose? The org chart of Capitec Bank contains its 39 main executives including Gerrie Fourie, André Pierre du Plessis and Hendrik Lourens. Capitec CE Riaan Stassen loves the thrills of racing - whether it's in business or satisfying his personal interests. I say ‘new’. Riaan Stassen (49) BComm (Hons), CA(SA) Managing director Mr Stassen was managing director of Boland PKS (1997 – 2000), a division of BoE Bank Limited. Capitec CEO Riaan Stassen brought in a R17.089 million salaray in the bank’s last financial year. Capitec Bank CEO Riaan Stassen is a drummer, and his bank has played a tune that attracted many customers in recent years. But is the music coming to an end? South Africa bank Capitec Bank was launched in 2001 on an extremely competitive market with well-established competitors. The boards of Capitec and Capitec Bank have announced that Capitec Bank founder Riaan Stassen has decided to retire on 31 May.. Riaan played an integral role in the establishment and success of the bank from 2001 until 2013, when he retired as CEO of Capitec and Capitec Bank. View Riaan Stassen's business profile at Capitec Bank. Capitec Bank has emerged as the best bank in the world by International banking advisory group Lafferty in its inaugural Bank Quality Rankings. After all, I’ve never met Michiel Le Roux, Riaan Stassen or Gerrie Fourie? You took over in January? Capitec’s Purpose. Stassen said:, "South Africans are increasingly frustrated with the complexity of traditional banking. Riaan Stassen, the co-founder of Capitec Bank, has decided to retire. Capitec. Previous positions include head of operations of Boland PKS (1995 – 1997), operations director of Distillers (1992 – 1995) Last week he announced his retirement as chairman of Capitec, leaving the bank he helped found only 18 years ago with one of the highest market valuations (on a price-to-book basis) in the world. Meet the Team Riaan Stassen - Owner. A short history of the owner… that lead to this position of madness. [11] As of February 2017 "the majority, more than 5.5 million, of Capitec clients pay[ed] less than R50 per month in bank costs.” In its strategy to position itself, Capitec Bank CEO Riaan Stassen revealed its new branch concept early in 2012; the concept is based on the bank… The founders of Capitec Bank is Michiel Le Roux and Riaan Stassen. Capitec Bank group. Capitec reported a 35% rise in its first half headline earnings per share to 702 cents. The group?s decision to dish out huge unsecured loans for longer periods, at a time when bad debt is breaking through new levels, has raised eyebrows among experts. Capitec co-founder and chair Riaan Stassen to retireCurro Holdings and Famous Brands chair Santie Botha will take over from June 1 Nigeria to face Zimbabwe, Senegal in Africa Cup warm-ups The Super Eagles, runners up in the competition in 2018, will host the Warriors on 8 June in Asaba before facing the continent’s top side Senegal in Egypt eight days later. Capitec Bank, South Africa’s fastest growing retail bank for individuals, ... Key reasons cited by CEO Riaan Stassen for the redesign are common questions asked by consumers about outdated trading behaviours in the banking industry. We caught up with chairperson Riaan Stassen ahead of his last week at the bank … Find contact's direct phone number, email address, work history, and more. ALEC HOGG: In this Biznews special podcast, Gerrie Fourie the new Chief Executive of Capitec Bank is with us in the studio. Capitec Bank CEO Riaan Stassen is "embarrassed" at public reaction this week to his sale of R88.4-million worth of shares in the company. But is the music coming to an end? He strives to ensure that Capitec is innovative as a brand and a business or company. Capitec Bank Holdings, South Africa's second-largest provider of unsecured loans, said Gerrie Fourie will become chief executive officer when Riaan Stassen retires at the end of the year. Santie Botha takes over from Capitec founder Riaan Stassen as non-executive director. But is the music coming to an end? Capitec Bank Holdings Ltd., South Africa’s second-largest provider of unsecured loans, said Gerrie Fourie will become chief executive officer when Riaan Stassen retires at the end of the year. Speaking at the group's AGM, Capitec Bank CEO Riaan Stassen, cited its "no frills" banking approach that puts its clients in control as well as an aggressive transparent pricing approach, as being among the core reasons for the on-going growth. Riaan Stassen is surely one of SA’s most successful banking entrepreneurs. Well…., the evidence is out there in every interview, in every shareholder report and every article written about them, and it has not altered much for over 14 years. Riaan Stassen, CEO of Capitec Bank, is "frustrated" that people do not understand the evolution of South Africa's financial sector. Capitec is one. DURBAN – Capitec, the country’s fastest growing bank, yesterday announced that one of its founders and non-executive chairpersons Riaan Stassen will retire at the end of the month, ending a career that spanned more than 18 years with the lender. When presenting the bank’s interim results to the end of August, outgoing chief executive Riaan Stassen said Capitec was feeling the effects of a slowing economy. Stassen told me he got the idea of Capitec after being recruited into the disaster that was the old Boland Bank. Stassen served as CEO from 2001 to 2013 and then non-executive chair from 2016 until 31 May this year. by Bill3 Sat Jan 24, 2009 4:13 pm Hello and welcome here, you came away clean, unfortunately that's not always the case. Capitec Bank, established in 2001, is currently South Africa’s second biggest retail bank, with more than 10 million customers and over 13 000 employees across its various branches. Andrew McNulty looks behind the successful model, what makes its CEO tick, how it is tapping into the mass market and whether it can sustain the momentum. Capitec Bank CEO Riaan Stassen is a drummer, and his bank has played a tune that attracted many customers in recent years. "Unsecured lending is seen as a swear word," he said. There aren't many ten-baggers on the SA stock market but Capitec is one of those feisty little bets that paid off, big-time. CAPITEC BANK HOLDINGS AND CAPITEC BANK MANAGEMENT COMMITTEE Riaan Stassen (50) BComm (Hons), CA(SA) Chief executive officer André Pierre du Plessis (42) BComm (Hons), CA(SA) Financial director Carl Gustav Fischer (47) BComm (Hons), MBA Chief executive – Capitec services Carl was chief executive for marketing and support services