Nedbank Group Limited

JSE:NED Stock Report

Market Cap: R98.9b

Nedbank Group Management

Management criteria checks 2/4

Nedbank Group's CEO is Jason Paul Quinn, appointed in May 2024, has a tenure of 1.33 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 ZAR50.49M. The average tenure of the management team and the board of directors is 5.2 years and 7.4 years respectively.

Key information

Jason Paul Quinn

Chief executive officer

R106.0m

Total compensation

CEO salary percentage5.26%
CEO tenure1.3yrs
CEO ownership0.05%
Management average tenure5.2yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

Nedbank Group (JSE:NED) Has Announced A Dividend Of ZAR10.28

Aug 22
Nedbank Group (JSE:NED) Has Announced A Dividend Of ZAR10.28

Nedbank Group (JSE:NED) Will Pay A Dividend Of ZAR10.28

Aug 08
Nedbank Group (JSE:NED) Will Pay A Dividend Of ZAR10.28

Do Nedbank Group's (JSE:NED) Earnings Warrant Your Attention?

Jul 28
Do Nedbank Group's (JSE:NED) Earnings Warrant Your Attention?

Here's Why We Think Nedbank Group (JSE:NED) Is Well Worth Watching

Apr 11
Here's Why We Think Nedbank Group (JSE:NED) Is Well Worth Watching
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Investment In AI And Renewable Energy Finance Will Drive Future Success

Nedbank's investment in technology and infrastructure, particularly in digitization and South African sectors, is set to enhance growth and boost revenue streams.

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
Jun 30 2025n/an/a

R16b

Mar 31 2025n/an/a

R17b

Dec 31 2024R106mR6m

R17b

Compensation vs Market: Jason Paul's total compensation ($USD6.00M) is above average for companies of similar size in the ZA market ($USD2.11M).

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


CEO

Jason Paul Quinn (51 yo)

1.3yrs
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 & Director1.3yrsR106.01m0.051%
ZAR 50.5m
Michael Davis
CFO, Debt Officer & Director4.9yrsR34.60m0.066%
ZAR 65.6m
Mfundo Nkuhlu
COO & Director10.7yrsR34.55m0.054%
ZAR 53.0m
Ray Naicker
Chief Information Officer2.2yrsno 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 Resources7.3yrsno datano data
David Mcfadzean
Head of Wealth Management5.4yrsno datano data
Andrew Halsall
Head of Private Banking - Isle of Man5.4yrsno datano data
David Crewe-Brown
Group Chief Risk Officer2.4yrsno datano data
Jackie Katzin
Company Secretary6.7yrsno datano data
5.2yrs
Average Tenure
51.5yo
Average Age

Experienced Management: NED's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jason Paul Quinn
CEO & Director1.3yrsR106.01m0.051%
ZAR 50.5m
Michael Davis
CFO, Debt Officer & Director4.9yrsR34.60m0.066%
ZAR 65.6m
Mfundo Nkuhlu
COO & Director10.7yrsR34.55m0.054%
ZAR 53.0m
Phumzile Langeni
Independent Non-Executive Director3.5yrsR1.52mno data
Robert Gordon Leith
Independent Non-Executive Director6.7yrsR2.00mno data
Hubert Brody
Lead Independent Director8.2yrsR2.24m0.00024%
ZAR 237.4k
Brian Dames
Non-Executive Director11.3yrsR1.49m0.000010%
ZAR 9.9k
Neo Dongwana
Independent Non-Executive Director8.3yrsR1.57mno data
Stanley Subramoney
Non-Executive director10yrsR2.42m0.00049%
ZAR 484.7k
Linda Makalima
Independent Non-Executive Director8.3yrsR1.92mno data
Terence Nombembe
Independent Non-Executive Director1.7yrsR1.21mno data
Aaron Mminele
Independent Non-Executive Chairman2.3yrsR7.03mno data
7.4yrs
Average Tenure
58.5yo
Average Age

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


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/03 05:27
End of Day Share Price 2025/09/03 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 20 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.