John Gilbert

Sasfin Bank required consultants to resolve Exchange Control challenges previously experienced. A remediation exercise was implemented and in addition, Sasfin decided to deregister as a bank and we attended to the outstanding issues with the South African Reserve Bank, to enable deregistration to take place.

Exchange Control Consultant (Contract) - Sasfin Bank Ltd

(2024-04)

Sasfin Bank required consultants to resolve Exchange Control challenges previously experienced. A remediation exercise was implemented and in addition, Sasfin decided to deregister as a bank and we attended to the outstanding issues with the South African Reserve Bank, to enable deregistration to take place.

Exchange Control Specialist (Contract) - FNB Foreign Exchange Product House

(2022-09 - 2023-12)

Submission of South African Reserve Bank applications on behalf of clients. Dealing with exchange control queries from clients and internal stakeholders.

Manager Exchange Control Vetting - FNB Foreign Exchange Product House

(2016-09 - 2020-10)

Managed 3 teams totalling 27 staff involved in the vetting of documentation related to outward cross border payments for compliance with the SARB Authorised Dealer Manual. Investigated possible illicit flows. Liaised with clients regarding exchange control queries.

Manager – Exchange Control - RMB Corporate Operations

(2013-09 - 2016-08)

Managed a team of 12 staff where 6 were involved in the vetting of outward cross border payments for compliance with exchange controls and 6 were involved with the preparation of applications to the Reserve Bank for exchange control approvals

Team Leader – Exchange Control - FNB International Banking (GTS)

(2010-03 - 2013-08)

Managed a team involved in all exchange control matters

Various - FNB

(1989-07 - 2010-02)

I joined FNB in July 1989 and worked my way up starting on collation, and moving to savings, cheque book enquiries, teller, operations savings, operations investments, foreign exchange outward S.W.I.F.T., bills negotiable, guarantees, letters of credit, foreign bills for collection, Forms 178, Inward S.W.I.F.T., check clerk and team leader exchange control.

Matric (Grade 12) - Springs Boys High School (1981)

Management Development Program - University of Stellenbosch Business School (2010-08 - 2010-11)