Ghana Msibi to take over driving seat from WesBank CEO Chris de Kock

With WesBank stalwart Chris de Kock retiring as CEO from the end of June, the vehicle finance division of JSE-listed FirstRand announced on Tuesday that Ghana Msibi – the current CEO of WesBank’s motor retail division – will take over the driving  seat as WesBank CEO.

De Kock has been at WesBank for some 35 years and has held the CEO position since September 2013.

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Commenting on his retirement, de Kock said that it was time to hand over the reins to the next generation of leadership.

“I am very proud of the business we have collectively built over the years. WesBank is a market leader in vehicle and asset finance with an unparalleled portfolio of partnerships. Our unique model has allowed us to deliver a long track record of growth and returns to the shareholders of WesBank’s parent FirstRand Limited,” he said.

Outgoing Wesbank CEO, Chris de Kock. Image: Supplied

“I am pleased that Ghana has agreed to take on this role and I have every confidence that he will make it a great success,” added de Kock.

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Ghana who has been with WesBank for the last 7 years, said he was excited to step up and lead WesBank.

“It’s a very special business, with passionate people and high quality, long-standing partnerships. It’s a privilege to take over from Chris,” says he added.

According to Wesbank, De Kock will retire as CEO effective 30 June 2022 but will remain with the FirstRand group for the next twelve months to ensure a seamless handover and finalise a number of strategic projects currently underway.

Source: moneyweb.co.za