
South African banker Alan Pullinger gains $3.9 million from FirstRand stake
Pullinger, one of South Africa’s most respected banking executives, owns a 0.13-percent stake in FirstRand, equal to about 7.08 million shares.
Pullinger, one of South Africa’s most respected banking executives, owns a 0.13-percent stake in FirstRand, equal to about 7.08 million shares.
FirstRand sharpens its private banking focus in Ghana and beyond as Africa’s millionaire class expands.
Led by South African banker Mary Vilakazi, FirstRand continues to demonstrate resilience and solid returns for shareholders despite challenging economic conditions.
This remuneration reflects her instrumental role in steering the company’s growth and maintaining its industry dominance.
FirstRand has delivered modest returns since the start of 2024, with local investors seeing a 9.17 percent increase in share price.
This growing fortune reinforces his position as one of South Africa's wealthiest executives and among the top investors on the JSE.
Collaboration positions FirstRand as first Southern African bank in Proparco’s Trade Finance Guarantee Program.
South African businessman Johan Burger sees $3.03 million dip in FirstRand stake
This decline reverses a $1.51 million gain between Oct. 9 and 18, when Pullinger's stake rose from $31.52 million to $33.03 million.
In its appeal, FirstRand argues that motor dealers should not be held to fiduciary standards or be required to provide impartial advice.
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.