Nedbank Group Management

Management criteria checks 2/4

Nedbank Group's CEO is Jason Paul Quinn, appointed in May 2024, has a tenure of less than a year. 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 ZAR63.42M. The average tenure of the management team and the board of directors is 4.7 years and 7.7 years respectively.

Key information

Jason Paul Quinn

Chief executive officer

R106.0m

Total compensation

CEO salary percentage5.3%
CEO tenureless than a year
CEO ownership0.05%
Management average tenure4.7yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

Nedbank Group (JSE:NED) Is Increasing Its Dividend To ZAR11.04

Mar 07
Nedbank Group (JSE:NED) Is Increasing Its Dividend To ZAR11.04

If EPS Growth Is Important To You, Nedbank Group (JSE:NED) Presents An Opportunity

Dec 23
If EPS Growth Is Important To You, Nedbank Group (JSE:NED) Presents An Opportunity

CEO Compensation Analysis

How has Jason Paul Quinn's remuneration changed compared to Nedbank Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024R106mR6m

R17b

Compensation vs Market: Jason Paul's total compensation ($USD5.83M) is above average for companies of similar size in the ZA market ($USD1.90M).

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


CEO

Jason Paul Quinn (50 yo)

less than a year

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 & Directorless than a yearR106.01m0.051%
ZAR 63.4m
Michael Davis
CFO, Debt Officer & Director4.4yrsR34.60m0.066%
ZAR 82.4m
Mfundo Nkuhlu
COO & Director10.2yrsR34.55m0.053%
ZAR 66.6m
Ray Naicker
Chief Information Officer1.7yrsno datano data
Alfred Visagie
Executive Head of Investor Relationsno datano datano data
Daleen Toit
Group Chief Compliance Officer2.8yrsno datano data
Khensani Nobanda
Group Executive for Group Marketing & Corporate Affairsno datano datano data
Deborah Fuller
Group Executive for Human Resources6.8yrsno datano data
David Mcfadzean
Head of Wealth Management4.9yrsno datano data
Andrew Halsall
Head of Private Banking - Isle of Man4.9yrsno datano data
David Crewe-Brown
Group Chief Risk Officer1.9yrsno datano data
Jackie Katzin
Company Secretary6.2yrsno datano data

4.7yrs

Average Tenure

51yo

Average Age

Experienced Management: NED's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jason Paul Quinn
CEO & Directorless than a yearR106.01m0.051%
ZAR 63.4m
Michael Davis
CFO, Debt Officer & Director4.4yrsR34.60m0.066%
ZAR 82.4m
Mfundo Nkuhlu
COO & Director10.2yrsR34.55m0.053%
ZAR 66.6m
Phumzile Langeni
Independent Non-Executive Director3yrsR1.52mno data
Robert Gordon Leith
Independent Non-Executive Director6.2yrsR2.00mno data
Hubert Brody
Lead Independent Director7.7yrsR2.24m0.00023%
ZAR 286.8k
Errol Kruger
Independent Non-Executive Director8.6yrsR2.59mno data
Brian Dames
Non-Executive Director10.8yrsR1.49m0.000010%
ZAR 12.5k
Neo Dongwana
Independent Non-Executive Director7.8yrsR1.57mno data
Stanley Subramoney
Non-Executive director9.5yrsR2.42m0.00049%
ZAR 611.0k
Linda Makalima
Independent Non-Executive Director7.8yrsR1.92mno data
Aaron Mminele
Independent Non-Executive Chairman1.8yrsR7.03mno data

7.7yrs

Average Tenure

57.5yo

Average Age

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


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/16 01:51
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
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

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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 18 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
Harry BothaAnchor Stockbrokers Proprietary Limited
Ilan StermerAnchor Stockbrokers Proprietary Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.