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Gerrit Fourie retires as CEO of Capitec Bank: Graham Lee appointed as his successor
The Star
|March 31, 2025
CAPITEC Bank Holdings’ founding member and CEO Gerrie Fourie retires at the bank’s annual meeting on July 18, 2025, after being part of the management team for 25 years.
Graduation in 2020 will see Lee has been a member of the group executive team since 2002. Lee joined Capitec in 2003 and has held numerous positions in credit, technology and retail detail operations, and most recently, as group executive of the Retail Bank division.
Fourie and Lee will continue to work closely together over the next four months to ensure a smooth transition, chairman Santie Botha said in a statement Friday. Capitec’s share price fell 3.6% in early morning trade on Friday to R3106,53.
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