Capitec has appointed Andrew Baker as Chief Information Officer (CIO), replacing Wim de Bruin as the bank adjusts its executive structure to support the next phase of its technology growth.
Andrew Baker | Image supplied
Baker previously served as chief technology officer and has been at the bank for four years. In his new role, he will oversee the group's technology strategy and ongoing digital transformation initiatives.
Capitec said the appointment is part of a broader leadership restructuring aimed at strengthening its technology capabilities as digital banking continues to evolve.
De Bruyn, who has led the bank's technology and data functions for the past 11 years, will transition to a new executive portfolio to oversee payments, value-added services and foreign exchange.
Group CEO Graham Lee said the changes aim to position the bank for continued growth and innovation in an increasingly competitive digital environment.
Capitec serves more than 25 million customers in South Africa and says it has positioned technology investment as a central pillar of its operating model.