Nedbank Group Limited

NMSE:NBK Stock Report

Market Cap: R120.5b

Nedbank Group Management

Management criteria checks 2/4

Nedbank Group's CEO is Jason Paul Quinn, appointed in May 2024, has a tenure of 1.58 years. total yearly compensation is ZAR106.01M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth ZAR61.52M. The average tenure of the management team and the board of directors is 5.4 years and 7.7 years respectively.

Key information

Jason Paul Quinn

Chief executive officer

R106.0m

Total compensation

CEO salary percentage5.26%
CEO tenure1.6yrs
CEO ownership0.05%
Management average tenure5.4yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Paul Quinn's remuneration changed compared to Nedbank Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

R16b

Mar 31 2025n/an/a

R17b

Dec 31 2024R106mR6m

R17b

Compensation vs Market: Jason Paul's total compensation ($USD6.28M) is above average for companies of similar size in the NA market ($USD2.05M).

Compensation vs Earnings: Insufficient data to compare Jason Paul's compensation with company performance.


CEO

Jason Paul Quinn (51 yo)

1.6yrs
Tenure
R106,006,000
Compensation

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 31, 2024. He is Chief Executive officer of Nedbank Group Lim...


Leadership Team

NamePositionTenureCompensationOwnership
Jason Paul Quinn
CEO & Director1.6yrsR106.01m0.051%
ZAR 61.5m
Michael Davis
CFO, Debt Officer & Director5.2yrsR34.60m0.066%
ZAR 79.9m
Mfundo Nkuhlu
COO & Director10.9yrsR34.55m0.054%
ZAR 64.6m
Ray Naicker
Chief Information Officer2.4yrsno datano data
Alfred Visagie
Executive Head of Investor Relationsno datano datano data
Nomonde Hlongwa
Chief Compliance Officerless than a yearno datano data
Khensani Nobanda
Group Executive for Group Marketing & Corporate Affairsno datano datano data
Deborah Fuller
Group Executive for Human Resources7.5yrsno datano data
David Mcfadzean
Head of Wealth Management5.7yrsno datano data
Andrew Halsall
Head of Private Banking - Isle of Man5.7yrsno datano data
David Crewe-Brown
Group Chief Risk Officer2.7yrsno datano data
Jackie Katzin
Company Secretary6.9yrsno datano data
5.4yrs
Average Tenure
51.5yo
Average Age

Experienced Management: NBK's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jason Paul Quinn
CEO & Director1.6yrsR106.01m0.051%
ZAR 61.5m
Michael Davis
CFO, Debt Officer & Director5.2yrsR34.60m0.066%
ZAR 79.9m
Mfundo Nkuhlu
COO & Director10.9yrsR34.55m0.054%
ZAR 64.6m
Phumzile Langeni
Independent Non-Executive Director3.8yrsR1.52mno data
Robert Gordon Leith
Independent Non-Executive Director6.9yrsR2.00mno data
Hubert Brody
Lead Independent Director8.4yrsR2.24m0.00024%
ZAR 289.3k
Brian Dames
Non-Executive Director11.5yrsR1.49m0.000010%
ZAR 12.1k
Neo Dongwana
Independent Non-Executive Director8.5yrsR1.57mno data
Stanley Subramoney
Non-Executive director10.3yrsR2.42m0.00049%
ZAR 590.6k
Linda Makalima
Independent Non-Executive Director8.5yrsR1.92mno data
Terence Nombembe
Independent Non-Executive Director1.9yrsR1.21mno data
Aaron Mminele
Independent Non-Executive Chairman2.6yrsR7.03mno data
7.7yrs
Average Tenure
58.5yo
Average Age

Experienced Board: NBK's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/14 13:20
End of Day Share Price 2025/12/12 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nedbank Group Limited is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ilan StermerAnchor Stockbrokers Proprietary Limited
Harry BothaAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.