SOUTH AFRICAN INDEX
THE PEOPLE SHAPING SOUTH AFRICA
Menu
Financial Services · Banking, insurance and fintech

Capitec Limited

JSE and A2X-listed parent of Capitec Bank, formerly named Capitec Bank Holdings Limited.

Published · Last reviewed

Capitec Limited is the listed parent of Capitec Bank and other group operations. Its ordinary shares trade under the CPI code. [3]

History

The parent was formerly named Capitec Bank Holdings Limited. Its 2026 interim statements use the Capitec Limited name. [3]

GEPF was the largest disclosed beneficial shareholder at 15.75% on 28 February 2026. Michiel le Roux held 11.32%. [2]

Leadership and control

Graham Lee became group chief executive on 19 July 2025. His office is separate from beneficial share ownership. [4][2]

Gerrie Fourie returned as a non-executive director on 1 August 2026 after retiring as chief executive. [3]

Frequently asked questions

Is Capitec Limited the bank?

It is the listed parent. Capitec Bank Limited is the operating bank. [3]

What is Capitec’s share code?

The listed parent trades under the CPI code. [3]

Who leads Capitec Limited?

Graham Lee has served as group chief executive since 19 July 2025. [4]

Key milestones

  1. The parent listed on the JSE. [1]

  2. Graham Lee became group chief executive. [4]

  3. The interim statements used the Capitec Limited name. [3]

Founded / co-founded by

  • Michiel le Roux — South African banker who served as Capitec Bank’s founding chief executive and later as chairman.

Company builders

  • Riaan Stassen — South African banker who led Capitec Bank through much of its early expansion after its establishment in 2001.
  • Gerrie Fourie — South African banker who served as Capitec group chief executive from January 2014 to July 2025.
  • Graham Lee — South African banker who became Capitec group chief executive on 19 July 2025.

Related people

Related articles

Related institutions

  • Capitec Bank — Capitec Bank is a South African retail bank established in 2001. Michiel le Roux was its founding chief executive, while Riaan Stassen led the bank through much of its early growth.
  • PSG Group — South African investment group co-founded by Jannie Mouton that supplied early capital and strategic support to Capitec.
  • Mercantile Bank — Former South African business bank acquired by Capitec in 2019 and integrated into Capitec Bank as its business-banking operation.

Sources

  1. Capitec Bank, About Capitec. Original source. Accessed 2026-10-29. ↩
  2. Capitec Bank Holdings, Integrated annual report 2026, 2026-02-28. Original source. Accessed 2026-10-29. ↩
  3. Capitec Limited, Unaudited interim financial statements 2027, 2026-08-31. Original source. Accessed 2026-10-29. ↩
  4. Capitec Bank, Gerrie Fourie to retire in July 2025, 2025-03-12. Original source. Accessed 2026-10-29. ↩