FirstRand Limited, with its portfolio of integrated financial services companies, operates in South Africa, certain markets in sub-Saharan Africa and the UK. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalization in Africa. The portfolio of companies includes FNB – Retail, Commercial Banking, Insurance and Investments. RMB – Corporate and Investment Banking. WesBank – Instalment credit and fleet management. Aldermore – UK specialist bank. MotoNova – UK Vehicle finance. Ashburton – Asset Management. Direct Axis – Retail loans and insurance. And MotoVantage – Vehicle-related insurance products and FCC – Group Wide Functions. FRSPL is an offset of FirstRand Group, South Africa. FRSPL is a captive setup in India which is 100% owned by FirstRand South Africa and falls under FCC in terms of group structure. FRSPL’s focus is to augment skills that are scarce in South Africa and collaborate with our onshore counterparts in delivering change and run the bank efforts, be it Information Technology or Business Processing in ensuring First Rand continues to innovate and be the undisputed leader amongst the pack.