New chief investment officer (CIO) appointed
Patrice Rassou has been appointed chief investment officer (CIO) of Ashburton Investments, the asset management business of FirstRand Limited with effect from April 2020. This is a new role created to coordinate the various investment management activities of the FirstRand group.
New CEO appointed at Ashburton Investments
Sizwe Nxedlana has been appointed CEO of Ashburton Investments, the asset management arm of the FirstRand group, with immediate effect. Sizwe replaces former CEO, Boshoff Grobler, who last month moved to a new role in FirstRand Group Treasury.
Acquisition for Pointbreak and EBank Approved
All regulatory requirements for FNB Namibia Holdings to acquire 100% of Pointbreak and EBank, have been met successfully and approval for the deal has been granted by Namfisa, Bank of Namibia, Competition Commission and SARB.
Highest ranking given to Ashburton Investments fund manager for equity fund
Jersey-based fund manager, Craig Farley, has been awarded a top performance ranking for the equity fund that he manages.
Ashburton Investments launches world’s first inflation-linked, green debt investment
Ashburton Investments has successfully concluded the first close of a green debt initiative comprised of debt arising from infrastructure projects under the South African Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).