FirstRand Limited (JSE:FSR) is considered to be the biggest bank in Africa, is reportedly considering more takeovers as part of its expansion. FirstRand Ltd. is aiming to expand its operations and favours more takeovers to increase its footprint, Bloomberg has reported. It is considering the acquisition of financial services firms outside traditional banking, said Mary Vilakazi, FirstRand's incoming chief executive officer.

The new CEO is to take control of the firm from Alan Pullinger in April.