People: FirstRand Ltd (FSRJ.J)
Mr. Russell Mark Loubser serves as Non-Executive Independent Director of the Company and its wholly-owned subsidiary, FirstRand Bank Limited, since 5 September 2014. Russell was the CEO of the Johannesburg Stock Exchange (JSE) from January 1997 until December 2011. During his tenure, he conceptualised the demutualisation of the JSE, and it was converted into a public company in 2005 and listed in 2006. Prior to being appointed to the JSE, Russell was executive director of financial markets at Rand Merchant Bank Limited (RMB), which he joined in May 1985. He was part of the small team at RMB that started the stock index derivatives industry in SA in 1987. He was also a member of the King Committee on Corporate Governance for 15 years, a member of the Securities Regulation Panel of SA for 15 years and served on the board of directors of the World Federation of Exchanges (WFE) for approximately 13 years. Russell has also served as a council member of the University of Pretoria since 2007.
|Total Annual Compensation, ZAR||4,728,000|
|Restricted Stock Award, ZAR||--|
|Long-Term Incentive Plans, ZAR||--|
|All Other, ZAR||--|
|Fiscal Year Total, ZAR||4,728,000|