Nedbank Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Jason Paul Quinn

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO

Jason Paul Quinn (50 yo)

less than a year

Tenure

Mr. Jason Paul Patrick Quinn, BAcc (Hons); CA (SA), is Chief Executive of Nedbank Limited from May 31, 2024 and serves as its Director since May 2024. He is Chief Executive officer of Nedbank Group Limited...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Davis	CFO, Debt Officer & Director	4.1yrs	R30.30m	0.069% € 5.0m
Mfundo Nkuhlu	COO & Director	9.8yrs	R31.91m	0.070% € 5.1m
Jason Paul Quinn	CEO & Director	less than a year	no data	no data
Ray Naicker	Chief Information Officer	1.3yrs	no data	no data
Alfred Visagie	Executive Head of Investor Relations	no data	no data	no data
Daleen Toit	Group Chief Compliance Officer	2.5yrs	no data	no data
Khensani Nobanda	Group Executive for Group Marketing & Corporate Affairs	no data	no data	no data
Deborah Fuller	Group Executive for Human Resources	6.4yrs	no data	no data
David Mcfadzean	Head of Wealth Management	4.6yrs	no data	no data
Andrew Halsall	Head of Private Banking - Isle of Man	4.6yrs	no data	no data
David Crewe-Brown	Group Chief Risk Officer	1.6yrs	no data	no data
Jackie Katzin	Company Secretary	5.8yrs	no data	no data

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: NCO's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Davis	CFO, Debt Officer & Director	4.1yrs	R30.30m	0.069% € 5.0m
Mfundo Nkuhlu	COO & Director	9.8yrs	R31.91m	0.070% € 5.1m
Jason Paul Quinn	CEO & Director	less than a year	no data	no data
Phumzile Langeni	Independent Non-Executive Director	2.7yrs	R1.24m	no data
Robert Gordon Leith	Independent Non-Executive Director	5.8yrs	R1.56m	no data
Hubert Brody	Lead Independent Director	7.3yrs	R2.08m	0.0019% € 134.8k
Errol Kruger	Independent Non-Executive Director	8.3yrs	R2.38m	no data
Brian Dames	Non-Executive Director	10.4yrs	R1.50m	0.000010% € 720.6
Neo Dongwana	Independent Non-Executive Director	7.4yrs	R1.41m	no data
Stanley Subramoney	Independent Non-Executive Director	9.2yrs	R2.21m	0.00049% € 35.3k
Linda Makalima	Independent Non-Executive Director	7.4yrs	R1.73m	no data
Aaron Mminele	Independent Non-Executive Chairman	1.5yrs	R4.02m	no data

7.4yrs

Average Tenure

57.5yo

Average Age

Experienced Board: NCO's board of directors are considered experienced (7.4 years average tenure).

Nedbank Group Management

Management criteria checks 2/4

Key information

Recent management updates

Nedbank Group and Nedbank Limited Appoints William Mzimba as Independent Non-Executive Director and Member of the Nedbank Group IT Committee with Effect from 1 October 2024

Nedbank Group and Nedbank Limited Appoints Mavis (May) Ann Hermanus as Independent Non-Executive Director and Member of the Nedbank Group Sustainability and Climate Resilience Committee, Effective 15 July 2024

Nedbank Group and Nedbank Announces Changes to the Boards and Board Committees

Nedbank Group Limited and Nedbank Limited Appoints Terence Mncedisi Nombembe as an Independent Non-Executive Director and Member of Nedbank Group Audit Committee, Effective 1 January 2024

Nedbank Limited and Nedbank Group Limited Announce Executive Changes, Effective 31 May 2024

Nedbank Group Limited Announces Changes to Board Committees

Recent updates

Nedbank Group and Nedbank Limited Appoints William Mzimba as Independent Non-Executive Director and Member of the Nedbank Group IT Committee with Effect from 1 October 2024

Upcoming dividend of R9.71 per share

First half 2024 earnings released: EPS: R17.00 (vs R15.24 in 1H 2023)

First half dividend of R9.71 announced

Nedbank Group Limited Declares an Interim Dividend for Six Months Ended June 30, 2024, Payable on September 9, 2024

Nedbank Group and Nedbank Limited Appoints Mavis (May) Ann Hermanus as Independent Non-Executive Director and Member of the Nedbank Group Sustainability and Climate Resilience Committee, Effective 15 July 2024

Investor sentiment improves as stock rises 15%

Nedbank Group and Nedbank Announces Changes to the Boards and Board Committees

Upcoming dividend of R10.22 per share

Full year 2023 earnings released: EPS: R32.39 (vs R29.32 in FY 2022)

Nedbank Group Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable on 15 April 2024

Nedbank Group Limited and Nedbank Limited Appoints Terence Mncedisi Nombembe as an Independent Non-Executive Director and Member of Nedbank Group Audit Committee, Effective 1 January 2024

Nedbank Limited and Nedbank Group Limited Announce Executive Changes, Effective 31 May 2024

Nedbank Group Limited Announces Changes to Board Committees

Nedbank Group Limited and Nedbank Limited Announce Resignation of Mteto Nyati as Independent Non-Executive Director, Effective on October 9, 2023

Nedbank Group Limited to Report First Half, 2024 Results on Aug 06, 2024

Upcoming dividend of R8.71 per share at 8.0% yield

First half 2023 earnings released: EPS: R15.24 (vs R14.12 in 1H 2022)

Nedbank Group Limited Declares an Interim Dividend on Ordinary Share, Payable on September 11, 2023

Upcoming dividend of R8.66 per share at 7.8% yield

Full year 2022 earnings released: EPS: R29.32 (vs R23.17 in FY 2021)

Now 21% undervalued after recent price drop

Nedbank Group and Nedbank Announce Board Changes

Now 20% undervalued after recent price drop

Nedbank Group Limited Announces Resignation of Tshilidzi Marwala as an Independent Non-Executive Director and Therefore as A Member of the Group It Committee, Group Climate Resilience Committee, and Group Transformation, Social and Ethics Committee

COO & Director recently sold €116k worth of stock

Insider recently sold €156k worth of stock

Nedbank Group Limited, Annual General Meeting, Jun 02, 2023

Nedbank Group Limited to Report Fiscal Year 2022 Results on Mar 07, 2023

An unknown buyer acquired an unknown stake in Nedbank Group Limited (JSE:NED) from Ninety One SA Proprietary Limited.

Mteto Nyati Joins Nedbank Board

An unknown buyer acquired 5.4% stake in Nedbank Group Limited (JSE:NED) from The Goldman Sachs Group, Inc. (NYSE:GS).

Upcoming dividend of R7.83 per share

Investor sentiment improved over the past week

Nedbank Appoints Phumzile Langeni as Independent Non-Executive Director

GIC Pte. Ltd. acquired a 5.01% stake in Nedbank Group Limited (JSE:NED).

Nedbank Group Limited Announces Group Chief Financial Officer Changes

Nedbank Group Limited to Report Fiscal Year 2021 Final Results on Apr 21, 2022

Nedbank Group Limited, Annual General Meeting, May 27, 2022

Upcoming dividend of R7.58 per share

Nedbank Group Limited to Report Fiscal Year 2021 Results on Mar 09, 2022

Upcoming dividend of R4.33 per share

First half 2021 earnings released: EPS R10.81 (vs R2.70 in 1H 2020)

Nedbank Group Limited Revises Earnings Guidance for the Six-Month Period Ended 30 June 2021

Non-Executive Director has left the company

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS R7.18 (vs R25.00 in FY 2019)

Nedbank Group Limited to Report First Half, 2021 Results on Aug 17, 2021

New 90-day high: €7.50

Vassi Naidoo to Be Taking Leave of Absence as Independent Chairman of Nedbank Group Limited and Nedbank Limited

New 90-day high: €7.45

Market bids up stock over the past week

New 90-day high: €5.85

Market bids up stock over the past week

Nedbank Limited and Nedbank Group Limited Appoints Mike Davis as Debt Officer

Market bids up stock over the past week

New 90-day low - €4.70

Earnings released

Nedbank Group Limited to Report First Half, 2020 Results on Aug 26, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age