Managing Director of STANLIB Retail resigns

Stanlib has announced the resignation of Mike Galloway, Managing Director of STANLIB Retail

Mike Galloway has been with the broader Standard Bank Group for 12 years, eight of which have been with STANLIB. He will be leaving the group at the end of July 2010 to pursue a new opportunity with Hollard.

To ensure continuity, Anthony Katakuzinos, currently STANLIB Retail Chief Operating Officer, will serve as Acting STANLIB Retail MD until a permanent appointment is made. Thabo Dloti, CEO of Stanlib says that the company has begun the search for a new STANLIB Retail MD.