Are you one? First National Bank - a division of FirstRand Bank Limited. Pullinger’s pay includes a basic salary of R8.87 million, up 21% from 2018, a short-term incentive (STI) bonus of R22.4 million, and a long-term incentive (LTI) payout of R18.5 million. According to the 2017 FirstRand Integrated Report there were 44916 employees and revenue of R46 626m. An online learning module about the importance of environmental management and FNB's environmental initiatives is also made available to all new employees. A portion of funds is donated to environmental projects. [9], FirstRand Group holds its investments through five main subsidiaries. The group has its headquarters in Johannesburg, South Africa. We've noticed that you've tried to login more than 3 times. FNB is currently in the final stages of choosing an IT consumable supplier and the tender process has included issues such as collecting and recycling printer cartridges, ribbons and other consumables, as well as other waste management planning. Its major shareholders include:[15]. The Associate Banker Model will change the face of our business as well as the industry and possibly your life; it has been designed to give the best people in the business the best opportunity to drive revenue for the bank and wealth for themselves. These subsidiaries and their subsidiaries are therefore are members of the FirstRand Group include, but are not limited to the following:[10], FirstRand is listed on the Johannesburg Stock Exchange and Namibian Stock Exchange. First National Bank Swaziland Limited – 100% Shareholding –, First National Bank Zambia Limited – 100% Shareholding –, Direct Axis SA (Pty) Ltd – 100% Shareholding – South Africa – A specialist financial services firm, RMB Private Equity Holdings (Pty) Ltd – 96% Shareholding – South Africa, RMB Private Equity (Pty) Ltd – 93% Shareholding – South Africa, RMB Securities (Pty) Ltd – 100% Shareholding – South Africa, RMB Morgan Stanley (Pty) Ltd – 50% Shareholding – South Africa – A, RMB Australia Holdings Limited – 100% Shareholding –, Ashburton Fund Managers (Pty) Limited – 100% Shareholding – South Africa, Ashburton Investor Services (Pty) Limited – 100% Shareholding – South Africa, Ashburton Management Company (Pty) Limited – 100% Shareholding – South Africa, Ashburton Investments International Holdings Limited – 100% Shareholding – South Africa, RMB CIS Management Company (Pty) Limited – 100% Shareholding – South Africa, FirstRand Life Assurance – 100% Shareholding – South Africa, FirstRand Short-Term Insurance Limited – 100% Shareholding – South Africa, FirstRand Insurance Services Company (FRISCOL) – 100% Shareholding – South Africa, This page was last edited on 9 August 2020, at 21:56. Group non-interest revenue (NIR) increased 6%, a resilient performance given the lack of private equity realisations compared to the prior year (realisations down 80% year-on-year). We are a values based organization, with core values of pride, accountability, innovation, Ubuntu and respect. [5], FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank, the national banking regulator. Overall, the group paid its top seven executives a total of R277 million, including R37.7 million to Aldermore Bank chief executive, P Monks, who was paid in British pounds, and R17.3 million to former chief executive, Johan Burger, who retired from FirstRand in 2018. The table below outlines what FirstRand’s top executives got paid in the latest financial year, including total rewards (including the value of LTIs awarded in the year). 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First National Bank CEO, Jacques Celliers was paid R36.7 million for the year, comprising a basic salary of R7.7 million, and STI and LTI bonuses of R14.6 million and R14.5 million, respectively. All lights in BankCity have been changed to energy saving globes and triple tube lights have been replaced with double tubes. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.[2]. FirstRand Bank Limited Guernsey Branch trading as FNB Channel Islands is regulated by The Guernsey Financial Services Commissionand licensed under The Banking Supervision (Bailiwick of … [6], Post merger events saw the merging of Rand Merchant Bank and FNB to form FirstRand Bank Limited, with the two units remaining to trade as divisions of FirstRand Bank Limited and the transfer of Momentum's insurance business into that of Southern Life, to form FirstRand Insurance Limited. FNB continued to be the biggest driver of revenue in the group, accounting for 63% of the normalised earnings contribution – up from 60% in 2018. Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers through its portfolio of leading franchises, which include FNB, RMB, WesBank and Ashburton Investments. FNB's Environmental, Health and Safety representatives have to undergo formal training that includes a module on environmental management, with a pass rate of 90%. FirstRand Bank has branches in London, Guernsey and India. Your profile will be blocked if you fail to enter your login details correctly. Awareness about water conservation is raised through training and internal communications. Are online meetings as effective as face-to-face. If you are doing a word search, double check your spelling. In May 1997, when the museum closed, it was decided to move the Archives to a new premise. 2nd Floor78 Market StreetJohannesburg2000, For more information on the FirstRand Group, visit You can always narrow your search results later. Read: Meet the South African bosses who earn around R140,000 a day. Celliers was paid R29.3 million in the 2018 financial year. Held through First National Bank Namibia giving the group overall control of 30%. FNB views sustainability as a business practice which creates value for stakeholders through managing environmental, social and governance factors impacting the company's ability to generate sustainable profits. This browser does not support javascript. All the lifts in BankCity are being replaced with new models that run off energy efficient motors and use 70% less power. Rand Merchant Bank – RMB is the corporate and investment division of FirstRand Bank. We engage with suppliers and contractors on environmental issues. FNB Channel Islands is the Guernsey Branch of FirstRand Bank Limited, a wholly-owned subsidiary of FirstRand Limited. Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. BankCity management has entered into an agreement with Eskom where engineers have assessed the complex to identify areas where energy could be saved. 2019 Email: The following tables summarise the credit ratings of the South African sovereign, FirstRand Bank Limited and FirstRand … The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). First National Bank - a division of FirstRand Bank Limited. You might have blocked your Online Banking Profile. The archives initially formed part of the FNB Museum. We are currently considering using recycled paper for our letterheads and branded documents. It was acquired by First Rand in March 2018. Try searching with one filter at a time. The group as currently was established on April 1, 1998, through a merger of the financial services interests of Anglo American Corporation of South Africa Limited (now Anglo American plc) and RMB Holdings (RMBH) in order to achieve the objective of a unified financial services grouping. As a result of the switch to electronic statements, we reduced our paper consumption by 22 354kg in the last financial year. The large executive pay comes on the back of a strong financial performance from FirstRand, which published its year end results in September 2019. FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. Zapper QR codes can no longer be scanned to make payments using the FNB App.'. Group financial director, Harry Kellan, earned R29.7 million for the year. [4] FNB and Southern Life wereconstituted as wholly owned subsidiaries of Momentum which was the vehicle to affect the merger. +27 11 371 3711. Please note that on your third failed attempt, your profile will be blocked. [7] The group has subsidiaries in South Africa and in the countries of Botswana, Mozambique, Namibia, Lesotho, Tanzania, Ghana, Zambia, Nigeria and the UK. Bank code A-Z 4 letters representing the bank. Awards and Accolades; About us ; Social responsibility; Sponsorships; First National Bank - a division of FirstRand Bank Limited. At BankCity, grey water is directed into a dump, where it is treated before being used in the fountains in the buildings' piazza. The Bank offers personal and corporate banking, mortgages, auto loans, financing, securities lending, and insurance services. The second is a story of people - our history has always been firmly influenced by the needs of the people we serve. However, this was countered by a 17% increase in premium banking clients, and an 11% jump in commercial clients. In lieu of payment, they cede their profits to Mondi's CSI initiatives, such as Hospice and the SPCA. Please note that on your third failed attempt, your profile will be blocked. Lights that used to remain on constantly are now switched off during the night and override switches have been installed. All rights reserved. The first is a story of survival - different circumstances in South Africa have posed many great challenges in our history, all of which FNB has successfully met. Training material about the bank's environmental management objectives is being prepared for contractor and suppliers. Some branches send reusable material to community recycling projects. These financial services interests were First National Bank Holdings, Momentum Life Assurers Limited ("Momentum" now part of MMI Holdings) and the Southern Life Association Limited ("Southern Life") all of which were listed on the JSE. FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, an instalment finance provider; and Ashburton Investments, the group's asset management business.