Former Capitec CEO has a new job

Former Capitec CEO Gerrie Fourie has taken a new job on the board of one of South Africa’s biggest private tertiary education groups, STADIO.

On Monday, 1 December, STADIO announced that Fourie has been appointed as an independent non-executive director on the company’s board, effective 27 November 2025.

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,” STADIO said. 

“He brings deep expertise in systems thinking, business process optimisation, and performance improvement capabilities that align strongly with STADIO’s focus on scalability, operational efficiency, and delivering student-centric education.”

The company said Fourie would support STADIO as it advances its mission to widen access to higher education in South Africa and progress toward its strategic ambition of serving 100,000 students.

“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.

“We are delighted to welcome Gerrie to the board,” said STADIO chairperson Chris Vorster. 

“His leadership track record, strategic acumen, and shared passion for education make him a valuable addition to the group as we continue to grow our impact across the higher education landscape.”

Private school network Curro created STADIO from the combination of Southern Business School, Embury Institute for Higher Education, LISOF, and Prestige Academy.

As Curro continued to grow, it snapped up higher education institutions to create STADIO. 

In 2017, Curro unbundled its interest in STADIO and listed the company on the JSE in October 2017 to create a separate business focused on higher education.

Now, STADIO is listed on the JSE with a market cap of over R10.5 billion and more than 54,400 students enrolled at its institutions.