RMB Private Bank Board Of Directors

RMB Private Bank Board Of Directors

RMB is a people-driven organisation where employees are encouraged and empowered to challenge the boundaries, question the norm and treat the business as though it’s their own. While most corporate and investment banks compete on the same basis, it is RMB’s unique people-driven culture, values and opportunities to develop and grow, that distinguishes us from the rest. 


Our people are exceptional thinkers who thrive on complexity. Where others see challenges, they see opportunities. They are Solutionist Thinkers who are inspired and driven to go the extra mile to make a difference in the lives of our clients, our company and the communities in which we operate. These brand custodians respect the spirit of our agreements, they empower and inspire others, they come from diverse backgrounds and disciplines, they strive to be good corporate citizens and they apply innovative thinking to change our world for the better.

CEO: RMB

James Formby is Chief Executive Officer (CEO) of RMB.

HEAD: BANKING

Emrie Brown is a seasoned investment banker whose career in Investment Banking started in 1997. Emrie is Head of the Banking Division.

CRO: RMB

Phakamile (Phaks) Mainganya has been involved in credit and investment risk management for more than 15 years.

HEAD: RMB HUMAN CAPITAL

Nomfundo Makaya

CIO: RMB

Martin Oberholster is RMB’s Chief Investment Officer (CIO).

HEAD: RMB GLOBAL MARKETS

Theo Thomas

With a passion for innovation in financial market risk mitigation, Theo has specialised in multi-asset solutions and trading for corporates throughout his 20-year career in the financial services industry.

CO-HEAD OF CREDIT

Thabani Zungu

For as long as he can remember, Thabani Zungu has always had a passion for investment banking.

CHIEF TECHNOLOGY AND OPERATIONS OFFICER: RMB

Paulo Dos Santos

Paulo’s career has taken him as far afield as Colombia, Poland, London and India. Being an avid long-distance runner, endurance, stamina and being prepared for any change are qualities that make him the ideal Chief Technology and Operations Officer.

CEO AND MD: RMB NIGERIA AND WEST AFRICA

Michael Larbie

Michael Larbie has been an investment banker for the best part of his career. He is the CEO and Managing Director of Rand Merchant Bank Nigeria Limited, and Regional Head of West Africa.

CFO: RMB

Jaco van Wyk

Jaco van Wyk has FirstRand blood running through his veins. He spent the last 18 years of his 20-year career in the financial services industry with the FirstRand Group.

HEAD: REST OF AFRICA BUSINESS, RMB

Ebrahim Motala

Ebrahim Motala heads up the RMB Rest of Africa business.

CO-HEAD: RMB VENTURES

Cassim Motala

Cassim is the Co-Head of RMB Ventures – the Private Equity business within RMB.

EXECUTIVE DIRECTOR: CLIENT STRATEGY

Carel Vosloo

Carel has moved up the ranks from being a Transactor in Corporate Finance, to Co-Head of the Corporate Finance business, to Co-Head of the Investment Banking Division (IBD).

CO-HEAD: RMB VENTURES

Andrew Aitken

Andrew Aitken has spent the most part of his career at RMB – initially four years in Leveraged Finance and 12 years later in RMB Ventures where he has been involved in the origination and exit of a number of key transactions.

CHIEF MARKETING OFFICER: RMB

Alison Badenhorst


With a passion for people and creativity, Alison has specialised in marketing and communications throughout her 20 year career in the financial services industry.