industry financial services headquarters 59 16th road midrand johannesburg south africa key people brian riley chief executive officer gustav raubenheimer chief financial officer alfred ramosedi group executive sales and marketing gavin jones group executive treasury products loans checking savings investments debit cards credit cards personal loans website homepage south african based african bank limited is a retail bank 1 that offers financial products and services to residents of south africa . the bank is licensed as a locally controlled bank by the south african reserve bank sarb . headquartered in midrand south africa the bank s mission is to provide a broad range of financial products and services to south african consumers . the bank seeks to provide value through offering customers more that what is expected . the bank has a countrywide branch distribution network in addition to digital direct marketing & contact centre sales and service channels . contents 1 history 2 leadership as of march 2016 7 3 see also 4 references 5 external links history edit on the 10 august 2014 the predecessor entity also called african bank limited a subsidiary of a johannesburg stock exchange listed bank controlling company african bank investments limited was placed under curatorship in terms of the south african banks act act 94 of 1990 by the sarb . the sarb announced a restructuring proposal which together with the financial support of a number of key financial stakeholders including a consortium of six south african banks the sarb and the public investment corporation and the restructuring of capital market liabilities of the predecessor african bank limited for the bank was designed to create a new banking group to acquire the viable portion of the business of predecessor african bank limited . mr. thomas winterboer 2 3 was appointed as curator to implement the restructuring proposal and manage the affairs of the bank subject to the supervision of the registrar of banks . on 2 march 2016 african bank received the required support from the existing creditors for the bank s restructuring proposal . on the 17 march 2016 the bank published a new mission set of values and strategy backed by a new board and complete executive team . 4 5 on the 4 april 2016 the new african bank limited opened its doors as the new entity with the required licences and registrations required by the various regulators in place . 6 leadership as of march 2016 7 edit ceo gustav raubenheimer cfo alfred ramosedi group executive sales and marketing gavin jones group executive funding and liability management treasury lindiwe miyambu group executive human capital piet swanepoel chief risk officer george roussos group executive core operations and transactional banking vere millican group executive credit hendus venter group chief information officer mellony ramalho executive insurance see also edit list of banks in south africa reserve bank of south africa economy of south africa african central bank references edit list of licensed banks in south africa african bank curator will retire end june . moneyweb . retrieved 2016 04 07 . how tom winterboer saved african bank . capetalk . retrieved 2016 04 07 . african bank reveals new strategic ambition to build successful retail bank pdf . african bank investor relations . 2016 03 17 . reneebon renee bonorchis . african bank to expand consumer deposits after lender s recovery . bloomberg.com . retrieved 2016 04 07 . african bank set for monday launch . moneyweb . retrieved 2016 04 07 . executives . african bank . 2016 04 07 . retrieved 2016 04 07 . external links edit wikimedia commons has media related to african bank limited . website of african bank website of reserve bank of south africa company overview of african bank by bloomberg v t e banks of south africa central bank south african reserve bank the big four commercial banks absa first national bank fnb nedbank standard bank other african bank bidvest bank capitec bank firstrand bank grindrod bank imperial bank south africa investec vbs mutual bank sasfin bank teba bank limited postbank development bank of southern africa land and agricultural development bank of south africa defunct 20twenty african banking corporation allied bank colesberg bank nbs permanent bank saambou trustbank united bank this african bank or banking related article is a stub . you can help wikipedia by expanding it . v t e this south african corporation or company article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title african bank limited & oldid 742687739 categories banks of south africafinancial services companies of south africacompanies based in johannesburgbanks established in 20162016 establishments in south africaafrican bank stubssouth african company stubshidden categories commons category with local link same as on wikidataall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages afrikaans edit links this page was last modified on 5 october 2016 at 05 20 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view