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FIRST SOUTH FINANCIAL SERVICES »
About us
The First South Financial Service Group (FSFS), a subsidiary of J&J Financial Services, was
founded by Dr Duarte da Silva in 2003. The group currently comprises two operating subsidiary
companies:
- First South Risk Solutions - risk management
- First South Investment Managers - advisory
- FSFS has just concluded a joint venture with MacQuarie Africa (Pty) Ltd, that affected
the previous other operating subsidiaries, namely, First South Securities (Pty) Ltd
and First South Capital (Pty) Ltd
Dr Duarte da Silva was previously Chief Executive Officer and Deputy Chairperson of Taita and McCarthy
Bank, as well as a Directory and top-rated analyst with Merrill Lynch for a number of years. Dr da Silva
is currently the Chairperson of MacQuarie First South Securities and Chief Executive Officer of First South
Financial Services and J&J Financial Services.
The J&J Group, the parent company of J&J Financial Services, was founded in 2000 and is a broad-based,
black economic empowerment investment company. The J&J Group has developed several companies from a start-up
phase and currently has strategic investments in a select group of companies. The broad-based shareholding extends
to well over 200,000 members and their families. The company holds investments in companies operating in the
financial services, healthcare, information technology and industrail sectors.
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© First South Financial Services (Pty) Ltd. All rights reserved.
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