Nedbank Group Limited (NDBKY)

11.38 +0.01 (+0.11%) At close: 03:55PM EDT

Nedbank Group Limited

135 Rivonia Road
Sandown
Sandton 2196
South Africa
27 11 294 4444
https://www.nedbank.co.za

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael William Thomas Brown AMP, B.Com., C.A., CA (SA), Dip Acc	Chief Executive & Executive Director	1.48M	N/A	1967
Mr. Michael H. Davis B.Com., C.A.	CFO, Debt Officer & Director	979.2k	N/A	1971
Mr. Mfundo Clement Nkuhlu AMP, B.A., BA(Hons)	COO & Director	1.01M	N/A	1967
Mr. Ray Naicker	Chief Information Officer	N/A	N/A	1977
Mr. Alfred Visagie	Executive Head of Investor Relations	N/A	N/A	N/A
Ms. Daleen Du Toit B.Com., L.L.B.	Group Chief Compliance Officer	N/A	N/A	1965
Ms. Khensani Nobanda B.Com., M.B.A.	Group Executive for Group Marketing & Corporate Affairs	N/A	N/A	1979
Ms. Deborah Fuller	Group Executive for Human Resources	N/A	N/A	1973
Mr. David Mcfadzean	Head of Wealth Management	N/A	N/A	N/A
Mr. Andrew Halsall	Head of Private Banking - Isle of Man	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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 bank accounts; advisory, management, and stockbroking investment services; personal, home, and student loans; overdrafts, vehicle and solar finance, short-term loans, and credit cards; life, funeral, short term, credit, travel, and business insurance; and share trading, financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth solutions. The company also provides business banking services, such as business accounts; overdraft, small business credit card, invoice discounting, vehicle and equipment finance, property finance, and term-loans; investment solutions; card and cash solutions; cash handling; merchant services; global trade solutions; agriculture, construction, engineering, property, key man, buy-sell, commercial vehicle, general, and specialty insurance; and industry specific solutions. In addition, the company offers corporate banking services consisting of corporate finance, equity capital markets, and regulatory and sponsor solutions; financing solutions, such as aircraft, carbon, energy, export credit, commodity finance; corporate lending and advances; infrastructure, TMT, and public sector; leveraged and diversified financing; mining and resources; oil and gas; private equity; property finance; structures solutions; sustainable solutions; and venture capital. Further, it provides corporate and institutional investments; trading options for commodities, equities, fixed income, foreign exchange, and credit solutions; and transacting solutions, including custodial services and working capital. 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 Sandton, South Africa.

Corporate governance

Nedbank Group Limited’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 8; Board: 4; Shareholder rights: 10; Compensation: 4.

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 10 indicates higher governance risk.