Peggy-Sue Khumalo (born 7 December 1972) is the Chief Executive for the Wealth division at Standard Bank. She was former Miss South Africa in the year 1996.
She took up the position in February 2019 and she will be responsible for the South African operations of Standard Bank’s wealth business, which includes short and long-term insurance, asset management, pension fund operations, and fiduciary services.
The former Miss SA-turned-investment banker presides over a huge banking footprint. She has really traveled a very long road. Her division serves high net-worth individuals, corporate clients, and commercial and retail clients.
The division has a footprint in a large number of other Sub-Saharan Africa countries as well as some international offices in London, Jersey, the Isle of Man, and Mauritius, and the sum she will be responsible for will total around R175 billion in earnings.
Peggy-Sue Khumalo Age
She was born on the 7th of December 1972 in South Africa. As of 2023, she is 51 years old and celebrates her birthday on December 7th every year.
Peggy-Sue Khumalo Husband
She was married to veteran broadcaster Xolani Gwala. Xolani died on the first of November 2019 as a result of Colon Cancer.
Gwala’s wife, Peggy-Sue Khumalo, sobbed as her final love letter to him was read out.
She called Xolani her soulmate, who “showed me the kind of love that dreams were made of.”
You were my rock, you were completely dedicated to our children in every way and their strength during the past few days is the best sign that I could have that you were here with us in spirit.
— Peggy-Sue Khumalo
In their tributes to Gwala, the couple’s children have described him as caring, loving and understanding.
Qualifications
- PR & Communications Diploma – Damelin College
- BA Honours in Economics and Political Science – University of Manchester, UK
- MSc Economics – University of Manchester
- Authentic Leadership Development Program – Harvard Business School
Salary
Peggy Khumalo has a take-home salary that is valued at $58K-$65K.
Net Worth
She is believed to have an estimated Net Worth of around $800,000 or 12 million Rands.
