Trustees
Nolulamo Nobambiswano Gwagwa
Zwoitwaho Calvin Nevhutalu
Oren Fuchs
Sizwe Errol Nxasana
Elizabeth Maepa
Amanda Tandi Nzimande
Mary Vilakazi
Bongiwe Njobe
firstrand
staff assistance trust
The FirstRand Staff Assistance Trust is constituted as a perpetual trust registered with the Master of the High Court and SA Revenue Service, and is governed by a trust deed.
The trust’s mandate is to assist black employees earning a salary package below a certain level, their immediate families with their educational, healthcare and other needs.
FirstRand Staff Assistance Trust CSI spend (education)*
(R million)
For the 2020 school cycle the trust assisted 7 213 employees with their children’s school expenses, to the value of
R56 million
This represents a fulfilment rate of
93%
of total staff applications.