Jan S. Marais

Jan S. Marais
Born Johannes Stephanus Marais
April 23, 1919
Fraserburg, Northern Cape, South Africa
Died 2009
Residence Durbanville, Western Cape, South Africa
Alma mater Stellenbosch University
Occupation Banker
Known for Founder & chairman of the Trust Bank of Africa
Spouse(s) Peggy
Children 1 daughter

Jan S. Marais (April 23, 1919 - 2009) was a South African banker and politician. He was the founder and chairman of the Trust Bank of Africa, one of South Africa's largest banks. He was a National member of the Parliament of South Africa, and a critic of apartheid.

Early life

Jan S. Marais was born was Johannes Stephanus Marais on April 23, 1919 in Fraserburg, Northern Cape.[1][2] He graduated from Stellenbosch University.[2]

Banking career

Marais was the general manager of Federale Volksbeleggings, an Afrikaner investment company.[2]

Marais founded the Trust Bank of Africa in 1954,[2] and he served as its chairman.[3] By the 1970s, it had become "one of the country's major banks."[3] Marais subsequently sold the Trust Bank to Sanlam.[2]

Marais served as the non-executive chairman of FundTrust, an investment company, until it went bankrupt in 1991.[2]

Politics

Marais was a critic of apartheid.[2] As the chairman of the South Africa Foundation in the 1970s, he argued that the Anti-Apartheid Movement hurt South African businesses.[4] Marais joined the National Party and served as a member of the Parliament of South Africa until 1981.[2] He used his platform as a politician to call for the repeal of the Group Areas Act.[2]

Personal life and death

Marais had a wife, Peggy, who died in the 1980s, and a daughter, Carla.[2] He resided in Durbanville.[2]

Marais died in 2009.[2]

References

  1. ↑ "Johannes Stephanus (Jan) Marais, founder of Trust Bank, is born in Fraserburg, OFS". South African History Online. April 23, 2012. Retrieved March 19, 2018.
  2. 1 2 3 4 5 6 7 8 9 10 11 12 Barron, Chris (October 25, 2009). "Jan S. Marais: Flamboyant Founder of Trust Bank". Sunday Times. Retrieved March 19, 2018 – via PressReader.
  3. 1 2 Burns, John F. (November 21, 1976). "Industry Mellows In South Africa". The New York Times. Retrieved March 19, 2018.
  4. ↑ Nixon, Ron (2016). South Africa's Global Propaganda War. London, U.K.: Pluto Press. p. 62. ISBN 9780745399140. OCLC 959031269.
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