Capitec named AABLA 2017 Company of the year

Capitec, a South African retail bank, has been named the winner of the Company of the Year at the 2017 All Africa Business Leaders Awards. The CEO, Gerrie Fourie, shared insights into the company's success and future plans in an exclusive interview with CNBC Africa. Fourie emphasized that at Capitec, everyone is considered a CEO, as they define CEO as someone who puts the client first, brings energy to the table, and takes ownership of their role in serving the client with passion and dedication. This unique approach has contributed to the bank becoming the fastest growing in Africa. The culture within the company promotes equality and a customer-centric focus, where every client is treated the same, regardless of their background or financial standing. This commitment to fairness and inclusivity has been key to Capitec's success. Fourie highlighted the importance of focusing on the fundamentals of affordability, accessibility, simplicity, and service to continue driving growth and innovation. While there are opportunities for expansion into other African markets, Capitec is currently focused on maximizing its potential in South Africa. The recognition received at the AABLA Awards is not only a source of pride for Capitec's employees but also sends a message to all of South Africa that building a successful company from scratch is possible. Fourie emphasized the need for entrepreneurship and job creation in the country, encouraging others to pursue their dreams, believe in their vision, and take action to make it a reality.