These are the highest-paid banking CEOs in South Africa – a job where executives can rake in over R200,000 a day.
Thanks to a stronger currency, Investec CEO Fani Titi is the highest-paid banking boss in South Africa, earning over R170 million—which is almost double that of the next closest banking CEO.
Balancing profitability with ethical practices is a constant challenge, requiring strategic acumen and resilience. Over the course of the past year, the CEOs of South Africa’s major banks, including Investec, Capitec, Standard Bank, Absa, and Nedbank, received substantial paychecks.Investec CEO Fani Titi
To put it differently, according to Stats SA’s latest quarterly employment survey , the average formally employed non-agricultural worker in South Africa earns R26,894 per month or R322,728 annually.It’s important to note that Investec’s Directors are paid in pounds sterling , so they earned significantly more when converted to the local currency due to the rand’s weakness.
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