The appointment of FirstRand’s first woman CEO, Mary Vilakazi, while historical, is in line with the bank’s consistent preference for appointing chartered accountants (CAs) to the helm of SA’s most valuable bank.

The lender, valued at about R344bn on JSE, recently underwent a leadership overhaul. Vilakazi, a CA, will take over from Alan Pullinger, also a CA, in April next year...

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