Bankmed AGM 2024

Board of Trustees

The Board of Trustees is made up of 12 Board members. The first six Board members are appointed by Absa Bank Ltd, FirstRand Bank Ltd and Standard Bank of South Africa. The remaining six members are elected on an annual rotation by the members of the Scheme prior to the Annual General Meeting.

All members of the Bankmed Board of Trustees are legally liable for the Scheme.

The duties of the Trustees are featured in detail in the Bankmed Rules with their core focus being member interest. Some of the Trustees responsibilities include:

  • Acting on due diligence in the interest of Scheme members
  • Taking all reasonable steps to ensure the interest of Scheme beneficiaries is protected in terms of the Rules and Acts
  • Ensuring the compliance of the Scheme to the relevant Acts and other legislation

How are they elected?

Each year, Bankmed sends a trustee nomination form to every Principal Member to nominate a candidate to represent him/her on the Board of Trustees. All nominations must reach the Scheme on or before 28 February of any given year. The elections take place electronically, country-wide and the successful new Trustees are announced at the Bankmed Annual General Meeting, held in June of each year.

Notice of the Annual General Meeting of Bankmed

Notice is hereby given that the 110th Annual General Meeting of Bankmed will be held virtually on Thursday, 27 June 2024 at 16:00.

2024 AGM Audited Results

 AGM Audited resultsView PDF  

2024 AGM Q&A

 Bankmed 2024 AGM Questions And Answers View PDF  

2024 AGM Booklet

 Bankmed's 2024 AGM BookletView PDF  

Proxy Voting

If you cannot attend the AGM, please submit your proxy nomination by no later than 12:00 (midday) on 14 June 2024. The link to the online Proxy Form is available here:

Bankmed Annual Financial Statements

 Bankmed Annual Financial Statements View PDF  

Bankmed's 2024 AGM Journey

 Bankmed's 2024 AGM JourneyView PDF  

Board of Trustees nomination form

 Board of Trustees nomination form View PDF  

Scheme Rules

 Annexures AView PDF  
 Annexures BView PDF  
 Annexures CView PDF