TymeBank has appointed Cheslyn Jacobs as its new Chief Government Officer, efficient 1 January 2026.
Jacobs will succeed Karl Westvig, who has been a part of the financial institution’s management since 2023 and can stay in an advisory position to help its continued development.
A founding member of TymeBank, Jacobs brings intensive institutional data and management expertise, having performed a key position within the financial institution’s growth since its inception.
His appointment indicators a brand new part for the financial institution, specializing in innovation, buyer expertise, and sustainable growth.
“Cheslyn’s deep understanding of our prospects, technique, and other people uniquely positions him to guide TymeBank into its subsequent period,”
mentioned Thabani Jali, Chairman of TymeBank Holdings Restricted.
“It’s time to compete even more durable for market share as we mature as a enterprise. Underneath Cheslyn’s management, and with our proficient group reshaping banking for all South Africans, TymeBank is geared to create even higher worth for our prospects and companions.”
Since launching in 2019, TymeBank has grown its buyer base to over 11 million, establishing itself as certainly one of South Africa’s main digital banks.
Jali additionally acknowledged outgoing CEO Westvig’s position in strengthening the financial institution’s business providing, enhancing its small enterprise focus, and integrating Retail Capital into the Tyme ecosystem.
Jacobs and Westvig will work collectively over the following three months to make sure a easy transition.
“TymeBank has at all times been about difficult conference and making banking extra accessible for all South Africans,”
Jacobs mentioned.
“As we transfer into this subsequent chapter, marked by a sharper deal with buyer expertise, I’m excited to construct on the sturdy basis our group has created.”
Jacobs holds a BCom in Industrial Psychology from the College of the Western Cape and a Postgraduate Diploma in Enterprise Administration from the Gordon Institute of Enterprise Science (GIBS), College of Pretoria.
His prior expertise contains roles at Normal Financial institution and Deloitte.
He joined Tyme in 2012, turned Head of Gross sales and Providers in 2019, and was appointed Chief Industrial Officer in 2022, overseeing income technology and enterprise development.
Featured picture credit score: Edited by Fintech Information Singapore, primarily based on picture by mrsiraphol through Freepik
