Our strategy does not live in files, but in our people
Traditional values + Innovative ideas = Exceptional performance = RMB.
We believe exceptional performance is only possible with
exceptional people, which is why our strategy does not live in files,
but in our people. RMB is a place where exceptional people can embrace
our collaborative and owner-manager culture and drive their particular
lines of business as though it's their own.
At RMB we nurture and celebrate inspired thinkers and entrepreneurs
who challenge the boundaries, engage in vigorous debate, create their
own opportunities and apply thinking that can change our world
We do not subscribe to business-as-usual practices—rather big thinking
that requires our employees to stretch themselves, to push the
boundaries, to think differently, have an entrepreneurial spirit and a
desire to make a difference in the world.
Because we believe that a combination of skills is often the best
way to reach innovative solutions, we create opportunities for
talented individuals from diverse industries (over and above financial
services) and walks of life. That's why it is not unusual to run into
lawyers, aeronautical engineers and even medical doctors at RMB. Would
you like to join our world? You can apply to join RMB through one of
We create sustainable value for our clients and shareholders
Our primary business objective at RMB is to create sustainable value for our clients and shareholders.
By placing our clients at the centre of our innovation, we
unlock possibilities and opportunities for them to grow their
investments and businesses. We nurture mutually rewarding relationships
and constantly challenge the norm, question existing models and
develop innovative and bespoke products
to grow our clients' businesses.
Read more about RMB's financial performance and year-end financial results
Proud heritage, bright future
RMB has an impressive track record of profitability and innovation.
Rand Merchant Bank (RMB) was founded by Paul Harris, Laurie
Dippenaar and GT Ferreira in 1977. Paul Harris was the out-of-the-box
thinker; Laurie Dippenaar, the numbers man, and GT Ferreira, the
skilled negotiator. The vision, drive and complementary strengths of
this trio transformed the fledgling outfit into one of South Africa's
leading investment banks, and one of South Africa's most powerful
Today, RMB is one of the leading African corporate and investment
banks, with over 1 500 employees and an impressive track record of
profitability and innovation. The RMB brand is more than just a product
or service—it is a promise of added value to our clients. It is
supported by our values, encased in our culture, lived by our talented
people and expressed in the different elements that make up our
- The lion represents our African heritage and strength, and the pride we take in doing sustainable good business and good work
- The key represents our ability to unlock
the potential of our employees through our liberating and empowering
culture. It represents protecting the interests of our stakeholders,
while unlocking possibility and opportunity for our clients and our
RMB cemented its market leading position on a number of fronts the past couple of years:
- Morningstar Awards 2013
- Risk SA Derivatives Dealers Awards 2012
- Financial Mail 2012
- Ai Infrastructure Investment Awards 2012
- JSE Spire Awards 2012
- Dealmakers Awards 2012
The FirstRand family
We unlock the potential of our employees
through our liberating and empowering owner-manager culture –
entrusting them to treat the business as if it were their own.
FirstRand Bank Limited
the second largest listed banking group (by market capitalisation) on
the Johannesburg Stock Exchange (JSE). The Group is differentiated by
its owner-manager culture and operates through a portfolio of four
separately branded franchises:
- Corporate and Investment Banking – RMB – one of Africa's leading investment banks by peer ranking and industry awards
- Retail, commercial and wholesale
banking – First National Bank (FNB) – one of Africa's largest retail,
commercial and wholesale banks by assets
- Instalment finance – WesBank – one of Africa's top vehicle and asset finance providers by market share
- Investment management – Ashburton Investments – offering traditional and alternative investment products
Governance and compliance
We believe the way we conduct our business plays a central role in the strength and health of the global economy.
The world is demanding greater corporate transparency. Investors
want access to more accurate and relevant information about companies,
transactions, markets and risks. Our banking system is robust and
strong because of our outstanding corporate governance practices. We
believe the way we govern our corporation, and our commitment to fair
dealing and integrity in the way we conduct our business, play a
central role in the strength and health of the global economy.
| Read more
||The Board Directors' Code of Ethics and the Promotion of Access to Information Act and Table
|Read more||The complaints procedure for the Financial Advisory and Intermediary Services Act.|
Making a difference in the world right now
Good business = better world.
We believe that good business creates a better world. While
business is a fundamental part of society, it also has the
responsibility to have an interest in the success of society. Through
the RMB Fund
, we focus our Corporate Social Investment (CSI)
- Arts, Culture and Heritage
- Mathematics Leadership and Development
- The Environment and Conservation
- Employee Volunteer Programme – the RMB Hug Fund
Committed to managing environmental and social risk
Being part of the FirstRand Group, we are continually exploring ways to address environmental concerns.
The FirstRand Group adopted the Equator Principles in July
2009 to demonstrate our long-term commitment to manage environmental
and social risk in project finance transactions. As subscribers to the
Equator Principles, we want to ensure that the projects we finance are
developed in a manner that is socially responsible and reflect sound
environmental management practices to avoid negative impacts on
project-affected ecosystems and communities.
The Equator Principles are based on the International Finance
Corporation Performance Standards on social and environmental
sustainability, and on the World Bank Group Environmental, Health and
Committed to reducing our Carbon Footprint
Climate change is real and is affecting all of us, as well as
our stakeholders and their communities. Being part of the FirstRand
Group, we are continually exploring ways to address environmental
concerns. One way to minimise the impact of climate change is to reduce
our greenhouse gas emissions. Together with FirstRand, we undertake
regular carbon footprint audits to monitor our progress to reduce
We actively promote and drive transformation and skills development in all our portfolio companies.
We support FirstRand's belief that transformation is about more than
scorecards or Black Economic Empowerment (BEE) credentials – it's
about improving the macro-environment; redressing investment balances
by financing development infrastructure; supporting employment equity;
developing black business and equitable ownership.
We actively promote and drive transformation and skills development in
all our portfolio companies, through training and apprenticeship
opportunities, procurement and creating a representative workforce.
All eyes on Africa
We have concluded several deals in more than 35 African countries over the past two decades.
If ever there was a good time to invest in Africa, the
time is now. Investors looking for opportunities in Africa can expect
some of the highest investment returns in the world. RMB is no newcomer to Africa
though. As the investment banking arm of FirstRand Bank Limited, we have concluded several deals
more than 35 African countries over the past two decades. These deals
range from infrastructure and resource finance to real estate and
leveraged finance deals, as well as high-profile mergers and
We have an extensive pool of investment banking experts who understand
the broader African landscape. RMB provides the full spectrum of investment banking services
to all industries, making us one of the leading financial and business
partners on the continent. Our ability to react and adapt to
macro-economic conditions and volatile economic challenges enables us
to become the broad-based African investment bank of choice.
We have access to a network of retail banks in 25 African countries and
are able to confirm trade finance risk for most jurisdictions,
including an active risk participation desk which trades in African
trade finance risk.
Considering that seven of the ten fastest growing economies in the world
are in Africa right now, the investment case for the sub-Saharan
Africa region remains enticing. Join us as we continue our exciting
journey to explore and invest in Africa—the continent of the future.
RMB has pioneered many of the products and services that form the backbone of the South African investment banking sector.
- FirstRand is the first bank from Africa to be granted a full-scale commercial banking licence in India
- RMB was the first investment bank in South Africa to give investors access to Inflation-linked Bonds through the JSE
- RMB underwrote and managed South Africa's first listed convertible bond, issued by Aquarius Platinum
- The South African Futures Exchange
(Safex) was originally a division within RMB and only became an
independent licenced exchange in 1988
Careers at RMB
Are you driven, courageous,
entrepreneurial, self-motivated, confident and goal-orientated? Do you
want to work for a company where people are valued above all else? RMB
could be the right place for you.