How many employees work at Rand Merchant Bank?

Rand Merchant Bank has 5,412 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is 5.5%.

Data source: Revelio Labs Coverage: Global workforce Latest update: September 2025

About Rand Merchant Bank

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. As the corporate and investment banking arm of FirstRand Bank Limited (which is wholly-owned by FirstRand Limited), RMB has access to a network of retail banks in 25 African countries, as well as branches and representative offices in Namibia, Botswana, Nigeria, Angola, Kenya, the UK, India, China and the Middle East. In the business of corporate and investment banking, it’s not just the thought, but the quality and inventiveness of the thinking that counts. Our ability to think differently, and our collaborative spirit is what sets us apart and enables us to deliver on our brand promise Traditional values. Innovative ideas. Making the most of Africa as an investment destination requires specialist skills, innovation and an entrepreneurial spirit. We have funded several projects and advised on a number of mergers and acquisitions in more than 35 African countries over the past decade. We are one of the biggest market makers in the South African financial market. Our innovative hedging solutions protect our clients against: interest rate, currency, liquidity, commodity, equity and credit risks. Rand Merchant Bank (RMB) - a division of FirstRand Bank Limited is an Authorised Financial Services and Credit Provider (NCRCP20).

As of September 2025

Rand Merchant Bank
workforce metrics

Headcount

5.4k

Avg. Salary

$40.5k

Tenure

4.9yr

Growth Rate

5.5%

Hiring Rate

Attrition Rate

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Employee Headcount

Interactive chart of Rand Merchant Bank annual worldwide employee count from 2023 to 2025.

  • Rand Merchant Bank total number of employees in 2025 was 5,460.465, a 5.5% increase from 2024.
  • Rand Merchant Bank total number of employees in 2024 was 5,226.473, a 6.7% increase from 2023.
  • Rand Merchant Bank total number of employees in 2023 was 4,875.031, a 4.0% increase from 2022.

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Employee Geographic Breakdown

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Employee Role Breakdown

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Employee Compensation

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Active Job Postings

Interactive chart of Rand Merchant Bank annual active job postings from 2023 to 2025.

  • Rand Merchant Bank active job postings in 2025 was 96, a 54.3% increase from 2024.
  • Rand Merchant Bank active job postings in 2024 was 34, a 34.1% decline from 2023.
  • Rand Merchant Bank active job postings in 2023 was 48, a 46.2% increase from 2022.

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Employee Sentiment

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