ownership and legal structure

Represents simplified legal entity structure (i.e not all entities are shown ) and shows effective consolidated shareholding

For segmental analysis purposes, entities included in FRIHL and FREMA, FRI, FirstRand Investment Management Holdings Limited and FirstRand Insurance Holdings (Pty) Ltd are reported as part of the results of the managing business (i.e. FNB, RMB, WesBank or FCC). The group’s securitisations and conduits are in FRIHL, FRI and FRB.

Ownership structure

The table below provides an analysis of FirstRand's ordinary shareholders as at 30 June 2020.

  • BEE partners include: FirstRand Empowerment Trust, FirstRand Staff Assistant Trust, MIC Management Services, Mineworkers Investment Trust, Kagiso Charitable trust, WDB Trust No 2, WDB Investment Holdings.
  • Reflects direct beneficial ownership.