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Standard Bank Group CEO of personal, business bank leaves

The CEO of Standard Bank Group Ltd.'s personal and business bank, Peter Schlebusch, stepped down after 10 years leading the business.

Zweli Manyathi, who joined Standard Bank in 2009, will replace Schlebusch, whose new role will be revealed after his return from a four-month sabbatical that starts in April.

Manyathi previously served as CEO of personal and business bank for the Africa region. His appointment is subject to the approval of the South African Reserve Bank.