CAPE TOWN - Well know and influential economist Cees Bruggermans has passed away.
Bruggemans who was known for his creative insights was FNB’s chief economist from 1985 to 2012.
Former First National Bank CEO‚ Michael Jordaan gave a moving tribute to the late economist.
"As bank CEO it was my privilege to meet with Cees Bruggemans weekly. A huge intellect has passed. RIP‚" Jordaan said.
Bruggemans served as an honorary professor of economics at the University of Stellenbosch and also lectured at Wits University, according to Business Day.
His has previously worked for Shell and Standard Bank but spent most of his career at FNB.
Business Report would like to send our deepest condolences to his family and friends.