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Meet the founder of Capitec Bank and get know him

Writer : Mlungisi Doncabe

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Millions of people in South Africa are using Capitec Bank and very few know who is the mastermind behind such a big and reputable bank in South Africa.

Capitec Bank was founded by Michiele Le Roux founded this bank back in 2001. According to sources Le Roux owns 11% stake.

Capitec Bank trade at the Johannesburg stock exchange. Mr Le Roux opened the bank, targeting the middle class living in South Africa.

Mr Le Roux served as the Chairperson of Capitec Bank from the year 2007 to 2016 after Le Roux continued to be the part of the board member of Capitec Bank.

The man behind Capitec is a very smart man, as Capitec was not the only bank he owned, he started by owning a small bank called Boland bank , located in Capetown hinterland.

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Capitec Bank Le Roux Michiele Le Roux Mlungisi Doncabe South Africa


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