Head of Documentary Trade Product (South Africa) Standard Bank Group Ltd
Standard Bank Group is Africa’s largest bank, with a presence in over 20 countries. As the Head of Documentary Trade Product for South Africa (Standard Bank’s largest single market and a major contributor to the group’s headline earnings), Nompilo Mtshali leads the Documentary Trade department that is ranked number one in South Africa and has continuously held this position throughout 2022.
Nompilo Mtshali Achievements
Her portfolio of trade product solutions contributes over 50 per cent towards Standard Bank South Africa’s total trade revenue and consists of several offerings, including Guarantees, Letters of Credit, Export Confirmations, Foreign Bills of Collection, Risk Participations, Trade Loans and Refinances.
Nompilo’s deep passion for facilitating intra-Africa trade has been one of the biggest drivers of growth. In the year 2022, she collaborated extensively with corporations, financial institutions and internal colleagues in executing a vast number of trade transactions between several African countries, including Ethiopia, Nigeria, Ghana, Kenya and Angola.
In addition, through partnerships with government departments such as the Johannesburg Chamber of Commerce and Industry, South African Revenue Services and Department of Trade and Industry, she conducted presentations to importers and exporters on how they can leverage existing trade products and the African Continental Free Trade Agreement (AfCFTA).
One of Nompilo Mtshali’s biggest contributions was the implementation of an automated document-checking system which utilizes the latest technology such as Machine Learning to increase efficiency. She also led the implementation of risk participation agreements which enabled the bank to distribute assets and do more business in markets where there was an appetite to increase market share, including Nigeria, Ethiopia and Ghana.
Education and thought leadership are two areas that are extremely important to Nompilo. She is currently pursuing her Doctor of Philosophy degree in Business Finance at the University of the Witwatersrand. She has also lectured on Corporate Finance at the University of the Witwatersrand (between 2017 and 2019), a role she held as one the few black female finance instructors.
Nompilo Mtshali enjoys academic writing and has published a research paper titled: Are Dividend Changes and Share Repurchases A Good Predictor of Future Changes in Earning? She has also worked on thought leadership pieces on AfCFTA.
In her spare time, she mentors students on personal branding, self-awareness and navigating the corporate world.