Standard Bank’s R21bn bet on technology

Standard Bank spends 26% of its annual budget on IT, ahead of global and local peers, according to its Group financial director, Arno Daehnke.

01 September 2023

Arno Daehnke.

It’s not unusual for corporate IT leaders to wish that the group financial director had a better grasp of technology and would pump more money in their direction.

That’s not a likely complaint at Standard Bank, where Arno Daehnke – the man in charge of the money – cares about IT as much as he cares about financial figures.

ITWeb Premium

Get 3 months of unlimited access
No credit card. No obligation.

Already a subscriber Log in