
South African banker Laurie Dippenaar loses $24 million from FirstRand shares
Dippenaar’s 1.76-percent stake in FirstRand is now worth $316.9 million.
Dippenaar’s 1.76-percent stake in FirstRand is now worth $316.9 million.
In addition to his executive and governance responsibilities at FirstRand, Kellan holds a beneficial 0.04-percent stake in the financial services giant.
Pullinger owns a minority stake of approximately 0.1 percent, or 5,634,679 ordinary shares in FirstRand.
Beyond his leadership contributions at FirstRand, Burger owns a 0.11-percent minority stake in FirstRand.
Vilakazi’s tenacity, strategic prowess, and commitment to excellence have propelled her to the top job at FirstRand.
The board has expressed confidence that Burger’s appointment meets the necessary criteria for independence and competence.
Vilakazi’s journey at FirstRand began when she was appointed chief operating officer in July 2018.
Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.
Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
Alan Pullinger remains one of South Africa’s most affluent executives and one of the wealthiest investors on the Johannesburg Stock Exchange.
Celliers, a South African multimillionaire banker and executive who is also an engineer by training, joined FirstRand in 2000.
Burger, who has been a director at FirstRand since 2009, owns a beneficial 0.110-percent stake, or 6,000,000 ordinary shares, in the leading financial services group.
In recent years, Kellan has become an indispensable figure within FirstRand’s executive team.
Burger, who has been a director at FirstRand since 2009, owns a minority 0.110-percent stake in the leading financial services group.
Dippenaar presently holds a 1.76-percent stake in FirstRand, equivalent to 98,726,988 shares.