[posted on 16-Mar-2012]
IT is difficult to replace a good chief executive officer (CEO), particularly one who has led an institution to greater heights. The bar can be unsettling to a successor, and the task looks more challenging when the predecessor has led a successful listing and effectively directed his group for eight years, transforming it into a fully-fledged provider of a range of financial solutions, from a commercial banking operation to a unit with diverse interests in the financial services sector. more »
[posted on 09-Mar-2012]
FBC reported record profits in the year ending December 2011, shrugging off the weak sentiment currently prevailing in the financial sector. Net profit rose 644% to $12,5 million and earnings per share shot up 21 000% to 2,11c from 0,01c. Cost to income ratio improved by 19% to 72% from 89%. more »
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