Financial services company FNB Business appoints Ghana Msibi as their new CEO, aiming to bolster their dominance in small and medium enterprise (SME) banking sector.
New CEO Appointed at FNB Business
Ghana Msibi, a seasoned executive in the financial services industry, has been appointed as the Chief Executive Officer (CEO) of FNB Business, South Africa's largest SME lender with over one million customers. Msibi previously held the position of CEO at WesBank, a prominent financial services company in South Africa.
With over 22 years of experience under his belt, Msibi brings a wealth of knowledge and expertise to his new role. His appointment signals FNB's commitment to driving growth, leadership, and market share in the SME segment and business banking.
Msibi's role at FNB Business includes accelerating the bank's leadership position in the SME segment and increasing market share in business banking. He will report directly to FNB CEO, Harry Kellan, and will be a member of the FNB Executive Committee.
Kellan expressed his excitement about the appointment, stating that it is evidence of the importance of strong talent management and robust succession management. Msibi's deep understanding of FNB's business, strategic acumen, and people-first leadership style have made him a tremendous asset to the broader organization.
Msibi is admired for his ability to achieve results through vision and execution. His tenure at WesBank saw significant achievements, shaping the strategy of the company. He was also instrumental in helping to shape the financial services landscape in South Africa.
Msibi holds an undergraduate qualification in Cost and Management Accounting, a postgraduate qualification in Risk and Compliance Management, and an MBA. His strong background in banking, channel management, insurance, risk, and compliance will undoubtedly serve him well in his new role.
In addition to his professional accomplishments, Msibi is known for his commitment to impactful capitalism and supporting entrepreneurs. He has been involved in initiatives that promote financial inclusion in Africa.
Msibi will continue to oversee the WesBank portfolio until his successor is appointed to ensure a smooth transition. He is expected to take up his new role at FNB Business in the coming weeks.
- As the new CEO of FNB Business, Ghana Msibi's extensive experience in the financial services industry, particularly his prior role at a prominent banking and insurance company, will significantly contribute to driving growth and leadership within the SME segment and business banking.
- Msibi's appointment at FNB Business signifies the bank's focus on technology, as he is admired for his ability to achieve results through vision and execution, a key aspect in today's rapidly evolving banking and finance industry.
- Msibi's strong background in banking, channel management, insurance, risk, and compliance, coupled with his commitment to impactful capitalism and supporting entrepreneurs, positions him as an ideal fit for a business leader in the banking and finance industry.
%20banking%20sector.){kind=link}