Capitec
Basani Maluleke is an accomplished executive with extensive experience in operations and finance across multiple sectors. Currently serving as Divisional Executive: Operations at Capitec since October 2021, Basani previously held significant roles such as Group Executive: Operations and Chief Executive Officer at African Bank from July 2017 to July 2023, and Director at Transcend Capital (Pty) Ltd from August 2014 to June 2017, focusing on Black Economic Empowerment Transactional and Corporate Finance Advisory. Basani's earlier career includes leadership positions at FNB Private Clients, where a strategic growth plan was developed, and a corporate finance role at Rand Merchant Bank, involving large black economic empowerment transactions. Academic qualifications include an MBA from the Kellogg School of Management and IESE Business School, along with an LLB and Bachelor of Commerce from the University of Cape Town.
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Capitec
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Capitec Bank Holdings Limited is a South Africa-based bank controlling company. The Company is engaged in retail banking within the South African economic environment segment. The Company's retail banking business sells a retail bank product, Global One, which enables clients to transact, save and borrow. Its business services include card machines, workplace banking, salary transfers and financial skills. It also provides money management solutions. The Company holds interests in its principal subsidiary, Capitec Bank Limited (Capitec Bank). Capitec Bank is a South African retail bank, which focuses on banking services and provides savings, transacting and unsecured lending products to individuals. The Company's Global One card is linked to respective customer's transaction/savings account and gives them various ways to access their money and transact across the world. The Global One card can be used in card machines, online shopping and telephone/mail orders.