FSR 201504170026A
RMB CEO Successor appointed
FirstRand Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE Ordinary Share Code: FSR ISIN: ZAE000066304
NSX Ordinary Share Code: FST
("FirstRand")
RMB CEO SUCCESSOR APPOINTED
FirstRand shareholders are referred to the SENS announcement of 6 March 2015 which outlined a
number of planned management changes. These changes included the appointment of Alan
Pullinger, currently the CEO of Rand Merchant Bank (RMB), as Group Deputy CEO effective 30
September 2015. The same announcement stated that a process had commenced to identify Alan
Pullinger's successor at RMB and the appointment would be announced in due course.
This process has now been completed and FirstRand is pleased to announce that James Formby will
be appointed CEO of RMB when Alan Pullinger moves to his Group position at the end of September
2015. In the meantime James Formby will take up the role of Deputy CEO of RMB with immediate
effect to ensure an appropriate handover.
James Formby has been with RMB since 1997. He started his career as a transactor in Corporate
Finance and was appointed Deputy Head of the Investment Banking division in 2009. Most recently
he has been Head of Coverage and therefore instrumental in the successful execution of RMB's
broader corporate and investment banking strategy.
RMB is fortunate to have the necessary depth and quality of management to enable a sustainable
succession process.
Sandton
17 April 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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