While there's no indication that CEO Mike Brown is set to leave, the question of his successor may be uppermost for Nedbank’s new chair.
It was no small coup for Nedbank when it announced the appointment of Daniel Mminele as board chair from April 1.
Mminele — a former deputy governor of the Reserve Bank and CEO of Absa who was most recently head of President Cyril Ramaphosa’s climate finance task team — is a “highly regarded” banker, according to one fund manager who asked not to be named...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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