South Africa's WesBank Names Robert Gwerengwe Chief Executive Officer

WesBank, South Africa's vehicle and asset finance specialist and a wholly owned division of FirstRand Group, has appointed Robert Gwerengwe as Chief Executive Officer with effect from 1 September 2025. Gwerengwe brings more than 19 years of experience within the FirstRand group, including at MotoNovo in the UK, to the role.

His predecessor, Ghana Msibi, has transitioned to a new role within the broader FirstRand Group as Chief Executive Officer of FNB Business, the small and medium enterprise banking division of FirstRand's flagship retail banking arm.

A CAREER BUILT ACROSS FIRSTRAND SUBSIDIARIES

Prior to his appointment at WesBank, Gwerengwe was Chief Executive Officer of DirectAxis, the FirstRand-owned personal finance provider, and of FNB's Personal Sub Segment cluster, a combined role in FirstRand's personal-lending and retail banking businesses.

Bizcommunity reported his appointment, citing his more than 19 years within the FirstRand group.