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Michael Jordaan, CEO, FirstRand Retail Cluster

The Upper Echelon series is brought to you by Deloitte and Moneyweb. Each week we will interview some of the key business decision makers in South Africa and give you insight into their daily challenges, lessons learnt and plans for the future.

Upper Echelon Podcast: Michael Jordaan, CEO, FirstRand Retail Cluster

MCom in Economics and PhD in Banking Supervision, Stellenbosch University. 1990, Commissioned Officer, South African Navy; 1991-92, Management Trainee, Deutsche Bank, Hamburg; 1992-93, Corporate Banker, Deutsche Bank, Frankfurt; 1994-95, Personal Assistant to Managing Director, RMB, Johannesburg; 1996-99, Chief Executive Officer, Origin Bank; 1999-2000, Chief Executive Officer, FirstRand Property Finance Cluster; 2000-02, Chief Executive Officer, eBucks.com, FirstRand; 2002-04, Chief Executive Officer, Customer Solutions Division, FirstRand Retail Cluster; since 2004, current position.

Interesting outtakes:

  • Michael believes that a CEO should move on after a ten year period - otherwise your ideas become stale and you start forgiving people that have become too close to you
  • Michael believes in mentoring young people and gets his kicks out of giving people challenges and seeing them out-perform even their own expectations
  • Michael is currently learning Mandarin – he thinks this is a very important language for the future
  • Michael started his career as a bank teller in Germany
Listen to the podcast

Download the transcript

 

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