Sharenet Sites 
Sharenet Sites
ABLI ABKI Changes to the Board Model Risk Sub-Committee
AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
LEI: 2549008X8SL1B1J86F98
Company code: ABKI
(the "Bank" or "African Bank")
AFRICAN BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No.: 2014/176855/06)
Company code: ABLI
LEI: 254900UUEMIK0XL5A056
("ABHL" or the "Group")
CHANGE TO THE BOARD MODEL RISK SUB-COMMITTEE OF AFRICAN BANK LIMITED ("ABL")
AND AFRICAN BANK HOLDINGS LIMITED ("ABHL")
In accordance with paragraph 6.42(c) of the JSE Limited Debt and Specialist Securities
Listings Requirements, noteholders are hereby advised that Mr Thabo Dloti has been
appointed as a member of the Model Risk Sub-Committee ("MRC") of the Boards of Directors
of African Bank Holdings Limited and African Bank Limited ("Board") effective 30th July 2026,
being the date on which approval from the Prudential Authority was received.
The appointment follows the ongoing review by the Directors' Affairs and Governance
Committee of the composition of the Board, its Board Committees and Sub-Committees,
including succession planning considerations and it is intended to support alignment with
strategic priorities and sound Corporate Governance practices.
Mr Dloti holds a Bachelor of Business Science Degree (Actuarial Science) from the University
of Cape Town and has completed the Advanced Management Programme at Havard Graduate
School of Business.
The appointment of Mr Dloti is expected to strengthen the overall composition and
effectiveness of the MRC, enhancing its capability to provide robust oversight. His career
spanning nearly 30 years across insurance, asset management and banking has given him
deep, hands-on exposure to the valuation, pricing and capital models on which financial
services businesses rely. Mr Dloti was appointed Chairman of African Bank Holdings board in
March 2019 and together with extensive non-executive and committee governance
experience, he combines technical modelling literacy with the oversight discipline required
to provide credible and informed stewardship of model risk governance.
30 July 2026
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 30-07-2026 04:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
