FirstRand names Burger as chief executive

FirstRand chief executive Sizwe Nxasana will retire later in 2015. File photo: Simphiwe Mbokazi

FirstRand chief executive Sizwe Nxasana will retire later in 2015. File photo: Simphiwe Mbokazi

Published Mar 6, 2015

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Johannesburg - South Africa's FirstRand said Johan Burger will take over as its chief executive from September 30, taking over from Sizwe Nxasana, who is retiring after nine years at the helm of Africa's second-biggest banking group.

Burger worked as chief financial officer at FirstRand, which is also South Africa's biggest lender by market value, since 2002.

He was appointed deputy chief executive in 2013.

The lender named Alan Pullinger as deputy chief executive.

Reuters

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