Former Capitec CEO Gerrie Fourie appointed to new role

 ·1 Dec 2025

Former Capitec chief executive Gerrie Fourie has been appointed as an independent non-executive director of private education group, STADIO Holdings.

The appointment was effective 27 November 2025, with Fourie expected to support the group’s drive to enhance accessible and quality education, and widen access to higher education in particular.

STADIO said the former banking exec will be instrumental in supporting its goal to serve 100,000 students in South Africa.

“I’ve long believed in the transformative power of education to unlock opportunity. I’m honoured to contribute to STADIO’s vision of broadening access to higher learning and building a sustainable, student-focused organisation,” Fourie said.

STADIO said Fourie will bring “deep expertise in systems thinking, business process optimisation, and performance improvement-capabilities” to the table.

This aligns strongly with STADIO’s focus on scalability, operational efficiency, and delivering student-centric education.

Fourie was part of the founding management team of Capitec Bank in 2000 and served as CEO from 2014 until his retirement in July 2025.

Under his leadership, Capitec cemented its position as one of South Africa’s most innovative and accessible financial institutions.

Fourie launched the bank alongside PSG Group founder Jannie Mouton, Michiel Le Roux, and Riaan Stassen, the latter two of whom were the CEOs before Fourie. 

Despite being large shareholders, none of the original founders have been active in the group’s day-to-day activities over the last few years. 

Fourie officially left Capitec in a management capacity at the end of July, succeeded by current CEO, Graham Lee.

While not involved in managing the bank, Fourie said he will remain involved in the group for a couple of years and hopes to one day join the board.

Capitec’s long-term strategy will focus on establishing a global brand, which Fourie will help with.

With more free time, Fourie said that he plans to spend more time on his passions, which include conservation and tourism.

He is a part owner of the Gondwana Game Reserve in the Western Cape, where he wants to restore conservation, promote tourism, and develop golf at the estate.

He is also now more actively involved in the education sector, with his new role at STADIO driving access to higher education.

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