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Nedbank Group Limited (NED.JO)

Johannesburg - Johannesburg Delayed Price. Currency in ZAc
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18,968.00+268.00 (+1.43%)
At close: 05:06PM SAST

Nedbank Group Limited

Nedbank 135 Rivonia Campus
135 Rivonia Road Sandown Sandton
Johannesburg 2196
South Africa
27 11 294 4444

Sector(s)Financial Services
Full Time Employees27,561

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael William Thomas BrownChief Exec. & Exec. Director17.1MN/A1967
Mr. Mfundo Clement Nkuhlu B.A., BA(Hons), AMPCOO & Exec. Director11.45MN/A1967
Mr. Brian Kennedy AMP (Harvard), BSc (Eng), MBA, MSc (Eng)Group Managing Exec. of Nedbank Corp. & Investment Banking4.63MN/A1961
Mr. Ciko ThomasGroup Managing Exec. of Retail and Bus. Banking10.3MN/A1970
Ms. Iolanda RuggieroGroup Managing Exec. of Nedbank Wealth8.43MN/A1971
Mr. Michael Davis B.Com., C.A.CFO, Debt Officer & DirectorN/AN/A1971
Mr. Fred Swanepoel AMP (Harvard, BCom(Hons), MBA, SEPSAChief Information OfficerN/AN/A1964
Mr. Alfred VisagieExec. Head of Investor RelationsN/AN/AN/A
Ms. Anna IsaacGroup Chief Compliance OfficerN/AN/A1970
Ms. Khensani Nobanda B.Com., M.B.A.Group Exec. for Group Marketing & Corp. AffairsN/AN/A1979
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.


Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, and credit cards; and investment plans and services, financial and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services. The company also provides business banking services, such as business accounts; call, fixed, and flexi deposits; loans and structured solutions; property, asset, and vehicle finance products; value added services; card and cash solutions; treasury solutions; cash management, electronic banking, and merchant payment and support services; life, asset, income and credit protection, funeral, business cover, liability cover, revenue cover, and owners' insurance products; asset management services; and commodities, equities, fixed income, and structured credit products. In addition, the company offers corporate banking services comprising aircraft, asset based, carbon, export credit, global commodity, infrastructure, energy, telecoms, leveraged, mining, oil and gas, private equity, and public sector finance; payments and receipts, documentary credits and collections, guarantees, and trade finance; structured solutions; corporate lending and advances; custodial services; corporate finance and debt advisory services; beta solutions; and corporate and institutional investments. Further, it provides transactional banking services. The company was formerly known as Nedcor Limited and changed its name to Nedbank Group Limited in 2005. Nedbank Group Limited was founded in 1831 and is headquartered in Johannesburg, South Africa.

Corporate Governance

Nedbank Group Limited’s ISS Governance QualityScore as of September 26, 2021 is 10. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.