Ex-Deutsche SA boss to run R106bn RMI/RMH

RMB Holdings (RMH) and Rand Merchant Insurance Holdings (RMI), worth over R100bn combined, have appointed former Deutsche Bank CEO Herman Bosman as CEO-designate. He will succeed Peter Cooper, who will be retiring from his executive positions at the end of 2014, after 22 years with the group. RMH owns 34% of FirstRand and in 2011 … Read more