Description

FirstRand Limited is a South African-based, pan-African financial services group offering an extensive range of products and services, including transactional, lending, investment, and insurance services. Operating across South Africa, sub-Saharan Africa, the UK, and India, the group serves retail, commercial, and corporate clients through its key franchises: First National Bank (FNB), Rand Merchant Bank (RMB), WesBank, and Ashburton Investments. 

Key Aspects of FirstRand’s Business
  • Diverse Portfolio: 
    FirstRand manages a portfolio of leading financial services businesses, providing everything from basic banking and loans to investment management and insurance. 

  • Geographic Presence: 
    The group has a strong presence in its home market of South Africa and operates in key sub-Saharan African countries, the UK, and India. 

  • Major Franchises:
    • FNB (First National Bank): Focuses on retail and commercial banking. 
    • RMB (Rand Merchant Bank): The group’s corporate and investment banking arm. 
    • WesBank: An instalment finance provider offering asset-based finance and leasing. 
    • Ashburton Investments: Manages asset management services. 
  • Customer Segments: 
    The company serves a broad range of customers, including individuals, small and medium-sized enterprises (SMEs), large corporations, and wealthy families. 

  • Strategic Goals: 
    FirstRand aims to build long-term franchise value, deliver sustainable and superior returns to shareholders, and fosters an innovative environment that encourages different thinking. 
Mary Vilakazi:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Markos Davias:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Johan Petrus Burger:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Grant Gelink:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Tamara Esau-Isaacs:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Paballo Makosholo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Premilla Devi Naidoo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Zelda Roscherr:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sibusiso Patrick Sibisi:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Louis Leon von Zeuner:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Thomas Winterboer:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

JSE
ZAE000066304
NSX
NA0003475176

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Credit Rating

NameLogoCountryHeadquartersRating
S and PCredit LogoUnited States of AmericaNew YorkB

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Mary

Executive
NationalitySouth Africa
RoleCEO
QualificationBCom (Hons), CA(SA)
Date Appointed: 01/04/2024
Duration:
1 year and 7 months
Independance: Y
Name

Markos

Executive
NationalitySouth Africa
RoleCFO
QualificationBCom Hons),CA (SA)
Date Appointed: 01/04/2024
Duration:
1 year and 7 months
Independance: Y
Name

Johan Petrus

Non Executive
NationalitySouth Africa
RoleChairperson
QualificationBCom (Hons), CA(SA)
Date Appointed: 01/12/2023
Duration:
1 year and 11 months
Independance: Y
Name

Grant Glenn

Non Executive
NationalitySouth Africa
75
RoleNED
QualificationCA (SA), B. Compt (Hons), BCom (UND) (Hons), H Dip Education, Dip Public Administration
Date Appointed: 01/01/2013
Duration:
12 years and 10 months
Independance: N
Name

Tamara

Non Executive
NationalitySouth Africa
RoleNED
QualificationB.Com (Hons), CA(SA)
Date Appointed: 01/06/2023
Duration:
2 years and 5 months
Independance: Y
Name

Paballo

Non Executive
NationalitySouth Africa
RoleNED
QualificationDip (Cost and Management Accounting), CTA, MCom (SA and International Tax), CA(SA)
Date Appointed: 01/10/2024
Duration:
1 year and 1 month
Independance: Y
Name

Premilla Devi

Non Executive
NationalitySouth Africa
RoleNED
QualificationBSc
Date Appointed: 01/04/2022
Duration:
3 years and 7 months
Independance: Y
Name

Zelda

Non Executive
NationalitySouth Africa
RoleNED
QualificationBSc, BCom Hons, MSc
Date Appointed: 01/04/2020
Duration:
5 years and 7 months
Independance: Y
Name

Sibusiso Patrick

Non Executive
NationalitySouth Africa
RoleNED
QualificationBSc (Physics), PhD (Mathematics)
Date Appointed: 01/04/2021
Duration:
4 years and 7 months
Independance: Y
Name

Louis Leon

Non Executive
NationalitySouth Africa
64
RoleNED
QualificationBEcon
Date Appointed: 01/02/2019
Duration:
6 years and 9 months
Independance: Y
Name

Thomas

Non Executive
NationalitySouth Africa
RoleNED
QualificationBCom (Hons), CA(SA), AEP
Date Appointed: 01/04/2018
Duration:
7 years and 7 months
Independance: Y

 

Directors Tenure

Name
Duration
Name

Mary Vilakazi

Duration1 year and 7 months
Name

Markos Davias

Duration1 year and 7 months
Name

Johan Petrus Burger

Duration1 year and 11 months
Name

Grant Glenn Gelink

Duration12 years and 10 months
Name

Tamara Esau-Isaacs

Duration2 years and 5 months
Name

Paballo Makosholo

Duration1 year and 1 month
Name

Premilla Devi Naidoo

Duration3 years and 7 months
Name

Zelda Roscherr

Duration5 years and 7 months
Name

Sibusiso Patrick Sibisi

Duration4 years and 7 months
Name

Louis Leon von Zeuner

Duration6 years and 9 months
Name

Thomas Winterboer

Duration7 years and 7 months

 

Director Experience

Name
Experience
Name

Mary

Experience Financial Services, Business Services
Name

Markos

Experience Financial Services, Business Services
Name

Johan Petrus

Experience Financial Services, eCommerce
Name

Grant Glenn

Experience Financial Services
Name

Tamara

Experience Business Services, Financial Services
Name

Paballo

Experience Financial Services
Name

Premilla Devi

Experience Business Services
Name

Zelda

Experience eCommerce, Business Services
Name

Sibusiso Patrick

Experience Business Services, Financial Services
Name

Louis Leon

Experience eCommerce, Financial Services
Name

Thomas

Experience Financial Services, Business Services

 

Company Auditors

Name
Date Appointed
Years
Name

PwC

Date Appointed01/01/1994
Year31 years and 10 months
Name

KPMG

Date Appointed01/01/1994
Year31 years and 10 months

 

 

Company Committees

Name

Mary Vilakazi

Mainboard, Audit, Remuneration BD
Name

Markos Davias

Mainboard, Audit, Remuneration BD
Name

Johan Petrus Burger

Mainboard, Audit, Remuneration BD
Name

Grant Glenn Gelink

Mainboard, Audit, Remuneration BD
Name

Tamara Esau-Isaacs

Mainboard, Audit, Remuneration BD
Name

Paballo Makosholo

Mainboard, Audit, Remuneration BD
Name

Premilla Devi Naidoo

Mainboard, Audit, Remuneration BD
Name

Zelda Roscherr

Mainboard, Audit, Remuneration BD
Name

Sibusiso Patrick Sibisi

Mainboard, Audit, Remuneration BD
Name

Louis Leon von Zeuner

Mainboard, Audit, Remuneration BD
Name

Thomas Winterboer

Mainboard, Audit, Remuneration BD

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT