FirstRand Ltd

FirstRand Ltd Organogram

FirstRand Ltd is the holding company for a financial services group providing transactional, lending, investment and insurance products and services. It is also a bank controlling company with four major subsidiaries: • FirstRand Bank Ltd, the banking group operating in South Africa • FirstRand EMA Holdings (Pty) Ltd, holding company for FirstRand Africa and Emerging Market Banking Interests • FirstRand Investment Holdings (Pty) Ltd, an investment company holding FirstRand’s non-banking interests • Ashburton Investments Holdings Ltd – FirstRand Ltd has recently, consolidated its various asset management activities with a single business The group’s financial services activities operate under the following branded businesses: • FNB - representing FirstRand’s retail and commercial activities on the African continent • RMB - the corporate and investment banking arm of FirstRand and offers advisory, financing, trading, corporate banking and principal investing solutions • WesBank - represents the group's activities in vehicle and asset finance, as well as short-term insurance • Ashburton - the group’s asset investment management business • FCC (The FirstRand Corporate Centre) - provides custodianship, risk, internal audit, finance and treasury services • Aldermore - provides financial services such as asset and invoice finance, commercial and residential mortgages, as well as vehicle asset finance and deposit taking As of 30 June 2023: • FNB representation points: 750 • FNB ATMs: 5,764 • CashPlus agents: 3,902