{"id":54529,"date":"2023-10-04T17:48:32","date_gmt":"2023-10-04T17:48:32","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle"},"modified":"2023-10-04T18:07:52","modified_gmt":"2023-10-04T18:07:52","slug":"big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle","title":{"rendered":"Big changes for FNB \u2013 new CEO announced in major leadership shuffle"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>FirstRand has announced key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Celliers moving on from their roles.<\/p>\n

According to the group, Alan Pullinger will step down as group chief executive officer (CEO) and will be succeeded by Mary Vilakazi, currently group chief operating officer (COO).<\/p>\n

FNB CEO Jacques Celliers will be stepping down and taking up a new role taking executive responsibility for the group\u2019s fintech strategy. He will be succeeded by FirstRand group chief financial officer, Harry Kellan.<\/p>\n

The changes will take effect from 1 April 2024.<\/p>\n

Pullinger leaves a long and successful career at FirstRand, spanning 26 years, including the role of RMB CEO until his promotion to FirstRand deputy CEO in early 2015.<\/p>\n

He became group CEO in early 2018 and, at the time of this appointment, indicated to the board a time horizon of six years. As such, succession planning for this role has been anchored to his expected departure in 2024.<\/p>\n

Vilakazi joined FirstRand as group COO in 2018 from MMI Holdings, where she held the roles of chief financial officer (CFO) and deputy CEO.<\/p>\n

As one of three FirstRand executive directors, she has worked closely with Pullinger on strategy execution and successfully led a number of key growth and diversification strategies.<\/p>\n

\u201cVilakazi is close to the strategies and operations of the underlying portfolio of businesses through her membership of the executive committees and advisory boards of the operating businesses. As the CEO of the corporate centre, she has oversight of the key central functions of risk, compliance, treasury and audit,\u201d FirstRand said.<\/p>\n

FNB changes<\/p>\n

After ten years as CEO of FNB, Jacques Celliers will take up a new role with executive responsibility for the group\u2019s fintech strategy, which is to develop revenue streams from activities ancillary to financial services.<\/p>\n

\u201cMany of these activities have been built within FNB over a number of years, including, amongst others, the MVNO and the nav\u00bb lifestyle offerings, both of which are gaining traction with customers. The group believes this strategy now requires dedicated leadership to scale and grow,\u201d it said.<\/p>\n

During his tenure as CEO of FNB, Celliers led a successful customer-centric strategy, supported by an innovative technology build that resulted in FNB becoming the market leader for digitally enabled financial services.<\/p>\n

\u201cThis track record means Celliers is uniquely placed to execute on the fintech strategy,\u201d the group said.<\/p>\n

Harry Kellan will take over as CEO of FNB after ten years as CFO of FirstRand.<\/p>\n

Kellan joined FNB in 2005 and spent seven years as CFO, after which he was appointed FirstRand CFO in 2014. Kellan\u2019s long tenure at FNB prior to his group role positions him well to now lead the largest customer franchise in the portfolio.<\/p>\n

As a long-standing member of the retail and commercial executive committee and the FNB advisory board, Kellan has been involved in shaping many of the key strategies FNB is executing on.<\/p>\n

Kellan will be succeeded as group CFO by Markos Davias, the current CFO of FNB.<\/p>\n

Prior to transferring to FNB in 2020, Davias was CFO of RMB from 2015.<\/p>\n

\u201cDavias\u2019s tenure as CFO of the two largest franchises in the group make him the ideal candidate for group CFO. He has worked closely with Mr Kellan for over a decade, and this will ensure a smooth and efficient handover,\u201d FirstRand said.<\/p>\n

Gideon Joubert, currently the CFO of the group\u2019s broader Africa portfolio, will take over from Davias as FNB CFO; he will be succeeded by Taufeeqa Waja, currently the head of finance for the broader Africa portfolio.<\/p>\n

The group also announced that current chairman, Roger Jardine, will step down at FirstRand\u2019s AGM on 30 November 2023 and the board has appointed Johan Burger as chairman effective 1 December 2023.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. FirstRand has announced key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Celliers moving on from their roles. According to the group, Alan Pullinger will step down as group chief executive officer (CEO) and will be succeeded by Mary Vilakazi, currently group chief operating officer […]<\/p>\n","protected":false},"author":84,"featured_media":54527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,275],"class_list":["post-54529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nBig changes for FNB \u2013 new CEO announced in major leadership shuffle - South Africa<\/title>\n<meta name=\"description\" content=\"FirstRand has announced key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Cell ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big changes for FNB \u2013 new CEO announced in major leadership shuffle\" \/>\n<meta property=\"og:description\" content=\"FirstRand has announced key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Cell ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-04T17:48:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-04T18:07:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/10\/sm_1696430207.291353.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Big changes for FNB \u2013 new CEO announced in major leadership shuffle\",\"datePublished\":\"2023-10-04T17:48:32+00:00\",\"dateModified\":\"2023-10-04T18:07:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\"},\"wordCount\":642,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/10\/sm_1696430207.291353.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/big-changes-for-fnb-new-ceo-announced-in-major-leadership-shuffle\",\"name\":\"Big changes for FNB \u2013 new CEO announced in major leadership shuffle - 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