South Africa: Emrie Brown prepares for seven years as head of RMB

By Kanika Saigal
Posted on Tuesday, 7 June 2022 15:11

Rand Merchant Bank has announced Emrie Brown CA(SA) as the next CEO, taking over from October 2022. (@RMBCIB/twitter) twitter)
Rand Merchant Bank has announced Emrie Brown CA(SA) as the next CEO, taking over from October 2022. (@RMBCIB/twitter) twitter)

In May this year, RMB announced that head of banking, Emrie Brown, will take over from James Formby as CEO of the investment bank in October. It will be just a couple of months after Formby presents the division’s financial report for the year ending June 2022.

“It gives us time for a smooth transition,” says Brown. “Until then, I will remain in my current position.”

It is a job she will hold for seven years, like Formby before her and Alan Pullinger before him. “It is a different approach compared to other banks in South Africa, but it has served us well in the past,” she says.

“It means that every seven years, a new CEO can bring in fresh thinking and new energy to the role,” says Brown.

“A seven-year rotation means that an incumbent is focused to deliver maximum impact on the organisation during their time at the helm,” she says.

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