Preparing the next generation of wealth holders has become one of the most important challenges facing private banks today across Africa. Standard Bank Wealth and Investment has distinguished itself in this area by building a structured, research-led next-generation programme designed to equip younger family members with the skills, confidence and values required to manage wealth responsibly across generations.
Entrepreneurial wealth and family-owned businesses are a key component of the private banking landscape in Africa, where the question of how to prepare younger family members for future leadership roles is particularly pressing.
Standard Bank’s next-gen proposition was formally introduced in 2022 and has gained significant momentum during the review period, reflecting a deliberate shift from ad hoc engagement with younger family members to a clearly defined, programmatic approach that answers families’ needs.
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