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HBR IdeaCast · 2025-11-13 · 28 min · 4,463 words

Future of Business: Standard Bank’s CEO on Driving Sustainable Growth and Shared Prosperity

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I'm Allison Beard and this is the HBR Idea Cast. Our goal of this show and Harvard Business Review in general is to bring you all the research, insights, and advice you need to become a better leader and push your organization forward. A big part of that is learning from practitioners, the people running some of the world's most successful businesses, to see what they're doing and where they think the world is going next. That's why each year we host HBR's Future of Business Virtual Conference, bringing in leading CEOs from various industries to speak about hot topics like artificial intelligence, geopolitical uncertainty, and corporate social responsibility. On Thursdays for the next month, we'll be sharing some of those conversations here on Ideacast, giving you a view into strategy making and innovation at some of the world's top companies and helping you see how you might apply their thinking to your own.

First up is Sim Shabalala. the CEO of Standard Bank, which is Africa's largest bank and biggest lender by assets. Sim grew up in Suweta Township during South Africa's apartheid era, so he learned early on how financial access, or the lack thereof, can improve or damage lives. After working as an attorney, he joined Standard Bank in 2000 and over the next 13 years worked his way up to the CEO role where he's overseen both geographic expansion and digital transformation.

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