IWF member profile

Margaret Nienaber

Margaret Nienaber

Standard Bank Wealth (CEO)

Margaret Nienaber is the Chief Executive of Standard Bank’s Wealth division, which encompasses the Group’s Investments, Fiduciary and Insurance businesses, as well as its High Net Worth Wealth offering. It spans across the African continent and other Offshore jurisdictions where the Standard Bank Group has a footprint.

Standard Bank Wealth was recently recognised as Africa’s Best Bank for Wealth Management by Euromoney, has the largest Bancassurance arrangement on the African continent, won the award for the Top Stockbroker in South Africa by Intellidex, and was recognised as Africa’s Best Bank for Wealth Management by Euromoney. Through Standard Bank’s extensive presence in Nigeria, it is also that country’s largest Pension Fund administrator and Asset Manager, and in the UK the Jersey business was recognised as the Best International Structured Products Provider in the 2016 UK International Fund and Products awards.

Margaret was previously the Global Head of Wealth and Investment, and prior to joining Standard Bank she served on the Santam Executive team, where she also managed their South East Asia expansion. Prior to that she was Chief Financial Officer for Hannover Reinsurance Africa, and Managing Director of Compass Insurance, a subsidiary of the Hannover Reinsurance Group. She was recognised as the 2013 Most Influential Woman in Business and Government (Financial Sector), and during her years in the Insurance industry was a board member of the South African Insurance Association and President of the Insurance Institute of South Africa. She holds BCompt and BCompt (Hons) degrees and became a CA (SA) in 1997.