Standard Bank Group has been awarded South Africa’s Association of Black Securities and Investment Professionals (ABSIP) Game Changer award in the category Company with Significant Transformation Progress in the Financial Services Sector.
The awards recognise and honour the success of the black investment professionals in their respective area of specialty, in the financial services sector and business, thereby increasing a pool of role models whose achievements will inspire and encourage young black talent to develop in the industry.
In determining award winners, ABSIP took into into account Standard Bank Group’s rating as a level 2 B-BBEE contributor, the significant number of black professionals heading business units of the group, and its ability to develop, nurture and advance black talent.
In addition, Thabo Dloti, Chief Executive of the Institutional and Asset Management Cluster at Liberty Holdings (a subsidiary of Standard Bank Group), was awarded CEO of the Decade. This award recognises individuals who have demonstrated excellent leadership and innovation, passion for the industry, dedication to transformation, and the ability to build a better organisation.
For more about the Association of Black Securities and Investment Professionals go to http://absip.co.za.
Black economic empowerment (BEE) is a South African national strategy. It currently targets black (African, Coloured and Indian) South Africans with a specific emphasis on black women and black people with disabilities.
Standard Bank Group seeks to continually improve in the areas of ownership, management control and employment equity, preferential procurement, enterprise development, skills development, socioeconomic development, black agriculture and financial inclusion. For further details see www.standardbank.com/sustainability.