Michael Jordaan is leaving First National Bank after 10 years as CEO to pursue his passion for technology and entrepreneurship. FNB parent FirstRand Group announced on Wednesday that Jordaan would step down at the end of the year, with the head of the bank’s business banking arm, Jacques Celliers, to take
Browsing: FNB
First National Bank’s tech-savvy CEO, Michael Jordaan, is stepping down. He will leave the bank at the end of 2013, with Jacques Celliers set to take the reins from next year.
According to FNB parent FirstRand Group, Jordaan, who has been CEO of FNB for the past 10 years, wants to “spend more time with his family”
Three weeks ago, in mid-April, Absa became the last of South Africa’s big banks to launch a mobile transactional banking application for smartphones and tablets, beating at the finish line by First National Bank, Standard Bank, Nedbank and Investec. But Absa, South Africa’s
Vodacom is the most reputable company among South Africa’s top 20 JSE-listed companies by revenue, a new survey has found. The 2013 RepTrak Pulse survey placed Vodacom rival MTN in fifth place, down from second place last year. Old Mutual placed second, with retailer Pick ’n Pay and Sasol taking
First National Bank has released a dedicated tablet version of its transactional banking application. Until now, customers have been able to use the FNB Banking App designed for iPhone and iPod touch on the iPad, but that version of the app isn’t optimised for the tablet computer’s larger
Absa has finally taken the wraps off its application for smartphones and tablets, becoming the last of South Africa’s big four banks to launch a transactional banking app. Absa’s banking application supports Apple’s iPhone and iPad as well as devices running the Android operating system. It allows users to make payments
First National Bank launched a cellphone-based instant money transfer service between South Africa and Zimbabwe on Tuesday. “We have done extensive research into the cross-border remittance market and devised a service that is readily accessible to the people who need it most,” said Yolande van Wyk, head of digital
First National Bank on Monday said that non-FNB customers can now make use of its smartphone banking application to perform transactions through the inclusion of an e-wallet. Users of the bank’s “eWallet” can perform transactions such as buying prepaid airtime, data and prepaid electricity. They can also
Financial services giant Old Mutual has acquired personal financial management start-up 22seven as part of a strategy of what it calls “developing digital support for its customers”. The value of the deal has not been disclosed. 22seven exited its beta phase last May and began
First National Bank apparently believes that Research in Motion’s (RIM’s) new BlackBerry 10 (BB10) operating system is going to be a big success in South Africa, even if some analysts don’t. The bank, which is yet