rand merchant investment holdings share price jse
This was in line with the firm's strategy to invest in the broader financial services sector and beyond the insurance industry.The companies that compose RMI Holdings are divided into two categories:The shares of RMI Holdings are listed on the JSE. Rand Merchant Investment Holdings, also referred to as RMI Holdings, is a listed financial services investment holding company that holds various insurance brands in South Africa, Australia, China, Mauritius, New Zealand, Republic of Ireland, Singapore, the United Kingdom and the United States of America. Prior to the restructure RMB Holdings portfolio comprisedThe restructure was aimed at separating of RMBH’s insurance and banking interests and was executed as follows:In January 2016, the firm changed its name to Rand Merchant Investment Holdings. Its aim was to create separate focused insurance and banking entities. RMI Holdings was incorporated and registered in South Africa on 24 March 2010 as a wholly owned subsidiary of RMB Holdings.The RMB Holdings restructure was announced on 10 December 2010. As of 30 June 2017RMI Holdings is governed by a sixteen-person board of directors with Gerrit Thomas Ferreira as the chairman of the board and Hermanus Lambertus Bosman as the CEO.
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