TymeBank announces senior executive appointments

By TymeBank - 21 July, 2022

Johannesburg 21 July 2022

TymeBank, South Africa’s fastest growing digital bank, is pleased to announce the appointment of three new executive committee members, all of whom will report directly to TymeBank CEO Coen Jonker, who took over the reins on 1 July 2022.

The latest appointments bring additional strength and diversity to TymeBank’s senior leadership team, as it focuses on boosting the bank’s growth trajectory and unique value proposition. The following people have joined TymeBank’s executive committee:

Yusuf Dockrat, Chief Financial Officer

Yusuf Dockrat is a qualified Chartered Accountant with 20 years of financial services experience. His most recent role was CFO and Senior Vice President HBZ Bank Limited (South Africa). As CFO of TymeBank, Yusuf will play a key role in the bank’s growth trajectory as well as developing business strategies and aligning them to financial outcomes.


Linda Appie, Chief Marketing Officer

Linda Appie has been promoted to TymeBank Chief Marketing Officer (CMO), with oversight for the planning and execution of bank’s research, marketing and communication initiatives. She joined TymeBank in 2020 as Head of Marketing, bringing with her a wealth of marketing experience in emerging markets and a strong track record in delivering results in marketing and innovation projects across the various brands she has worked on in her career.

Prior to joining TymeBank, Linda occupied brand management roles at Coca-Cola and Tiger Brands Limited. She holds a Bachelor of Business Science from the University of Cape Town and an MBA from GIBS.

Bruce Paveley, Chief Technology Officer

Bruce Paveley has 32 years of experience in the technology field, mostly in the banking sector. His experience spans application development, IT, business and fraud operations, architecture, design, AWS cloud and cyber security. He has been with Tyme Group since 2017 as Head of Technology Innovation, Data and Infrastructure. Prior to that he held several senior roles at Standard Bank, including Head: Infrastructure Products and Services and spent several years at Faritec, a listed IT services and solutions company, as a consultant to various companies.

In his new role as CTO, Bruce will be responsible for TymeBank’s IT, Cyber and Operations teams and will also play a significant role in introducing new products and services as a key business enabler.

TymeBank CEO Coen Jonker said: “I am excited to welcome these talented and experienced individuals to TymeBank’s senior leadership team. Running a digital bank requires unique skills and attributes. We are extremely fortunate that two of the appointments come from within the group, while our new CFO is a seasoned banker who will help sharpen our focus on reaching profitability in 2023.”

Ends

About TymeBank

TymeBank is currently one of the world’s fastest-growing digital banks, with more than 5 million customers since launching in February 2019.  The bank is founded on simplicity, transparency and affordability and is designed to make digital banking accessible and affordable to all South Africans across the economic spectrum.

TymeBank is majority owned by Dr Patrice Motsepe’s African Rainbow Capital (‘ARC’). Recent investors include Tencent, an internet and technology company based in China and CDC Group, the UK’s development finance institution and impact investor.

Others include UK based Apis Growth Fund II (‘Apis’), a fintech private equity fund based in the UK, JG Summit Holdings (JG Summit) a Philippines based conglomerate owned by the Gokongwei family, African Fig Tree (AFT), a ring-fenced vehicle established by the founders along with key individuals, and the Ethos AI Fund.

TymeBank is a member of the Tyme Group of companies with headquarters in Singapore.

For more information, please visit www.tymebank.co.za.

Issued by Aprio on behalf of TymeBank.

For media enquiries, please contact:
Pontsho Ramontsha 0724717357 or pontsho.ramontsha@tymedigital.com

Aprio Cecilia Pinto Taylor 0833259169 or cecilia@aprio.co.za

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