Africanbank achieves Top Employer certification for fourth consecutive year

Johannesburg - African Bank is delighted to announce that it has been certified as a Top Employer for the fourth year in a row, solidifying its reputation as a leader in exceptional people practices. This recognition underscores African Bank's commitment to fostering a progressive, inclusive, and supportive workplace that empowers our colleagues and contributes to broader economic growth.

"This achievement is more than just an accolade; it's a reflection of our commitment to our colleagues and our strategic direction," said Gcobisa Ntshona, Group Chief People Officer at African Bank.

"Being a Top Employer aligns with our vision of advancing the lives of our colleagues and the communities we serve, ensuring that we remain a bank for the people, by the people, serving the people."

The Top Employers Institute is the leading global authority in recognising excellence in People Practices.

"We partnered with them to benchmark our progress against the people practices and we're most certainly holding our own when compared to some of the best employers in the industry, both locally and internationally," says Ntshona.

"This partnership has allowed us to effectively measure the impact and value inherent in our employee offerings. We welcomed the opportunity to have an independent authority support and ratify our offerings and processes as we continuously strive to enrich our world of work and accelerate towards excellence."

People-centric practices are a key element of African Bank's continued strategic growth and diversification. A robust and uniquely African Bank culture is central to both the bank's strategic ambitions, and the personal and professional growth of its people.

"Our Top Employer certification reinforces our belief that nurturing a workplace where our colleagues voices are heard will set us on the path to success. We are a bank with a unique and rich heritage, and the world of work we have created reflects our passion for uplifting and empowering our people," concludes Nthsona.

African Bank's Human Capital strategy is centered around the Audacious People Promise — a mutual commitment between the bank and its stakeholders. This promise embodies the philosophy that "our people can count on us, and our bank can count on you," reflecting a two-way commitment to shared success. Key elements of this strategy include:

• Flexible Working Environment: Offering diverse work options such as remote work and flexible hours to support employee well-being and enhance work-life balance.
• Continuous Learning and Development: Providing ongoing learning opportunities to ensure colleagues are equipped with the skills and capabilities needed to adapt and thrive in a rapidly changing industry.

• Wellness Programmes: Focusing on both mental and physical health through comprehensive wellness initiatives that boost productivity and job satisfaction. This approach saw African Bank winning the Best Health & Wellbeing Strategy award at The Future of HR Awards in 2024.
• Comprehensive Benefits: Offering tailored benefits, including subsidised medical aid, preferential home loan rates, and access to free counselling, among many other benefits. We offer our people the ability to choose between a range of offerings that will best suit their needs.
• Recognition and Rewards: Celebrating the achievements of exceptional performance through programmes that promote performance, collaboration, and leadership aligned with the Bank's core values.

As African Bank embarks on its journey towards an Initial Public Offering (IPO), the Top Employer certification reinforces its commitment to building a resilient, inclusive, and forward-thinking organisation. This recognition underlines the Bank's achievements in fostering a supportive work environment and highlights its readiness to navigate future opportunities and challenges.