Zwelibanzi Manyathi

Group Chief Executive Officer, African Bank

Zwelibanzi Manyathi is Group Chief Executive Officer of African Bank, in the role since March 2026.

African Bank is a Midrand-based retail and business bank. Manyathi was confirmed as permanent chief executive in August 2026 while the bank weighs a restructuring that could affect 1 200 jobs.

In the job

  1. Was appointed interim Group CEO after Kennedy Bungane stepped down. Source

  2. Was confirmed as permanent Group CEO after receiving Prudential Authority approval. Source

  3. Presided over a proposed restructuring that could affect 1 200 employees and close 90 branches. Source

Career before

  1. Chief executive, Branch Banking, FNB
  2. Chief executive, Corporate Banking, FNB
  3. Chief executive, Business and Commercial Banking, Standard Bank
  4. 2022-2026Executive director and Chief Executive: Business and Commercial, African Bank

Education

BCom Honours in Financial Management, University of South Africa

Sources

  1. www4.sharenet.co.za
  2. iol.co.za
  3. businesstech.co.za
  4. businesstech.co.za
  5. en.wikipedia.org

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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