• Nedbank Group Limited
  •  Overview
  • Last Modified:
  • July 31, 2025
  • Company type:
  • Public
  • Industry:
  • Banking
  • Verified:
  • No
  • No of Employees:
  • 10 001 - 50 000
  • Stock Code:
  • NED
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • Johannesburg
  • Public Interest Score:
  • 750+

 

  • Nedbank Group Limited
  • General Information

Description

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. Nedbank Limited is a wholly owned subsidiary of Nedbank Group.

Nedbank offers a range of business banking solutions tailored to different needs. Their Business Hub provides a secure, single-sign-on platform for managing accounts, transactions, and service requests efficiently. They also offer Small Business Services for startups and businesses with turnovers up to R30 million, and Commercial Banking for larger enterprises with turnovers between R30 million and R2.5 billion.

If you’re looking to open a business account, Nedbank provides various options, including pay-as-you-use and fixed monthly fee packages.

Daniel Mminele:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jason Quinn:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Hubert Brody:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Brian Dames:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Michael Davis:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Neo Dongwana:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Mavis Hermanus:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Phumzile Langeni:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Robert Leith:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Linda Makalima:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Mfundo Nkuhlu:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Terence Nombembe:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Stanley Subramoney:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Oliver Fortuin:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 14570
  • Founded Year: 
  • 1888
  • Registration Number: 
  • 1966/010630/06
  • Country: 
  • South Africa
  • Stock Exchanges: 
    • Johannesburg Stock Exchange
  • Financial year end: 
  • December
  • No. of Countries operations: 
  • 39
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Financial Services
  • Date listed on Stock Exchange: 
  • 01/01/1969

 

  • Contact Information
  • Business operation: 
  • Nedbank Group Ltd (Nedbank) is a provider of retail banking, transactional banking, investment banking, wealth management, insurance, and asset management solutions.
  • Primary office: 
  • 135 Rivonia Road, Sandown, Sandton, 2196

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Jackie Katzin
  • Reporting currency: 
  • ZAR
  • ISIN number (12 digit): 
NED
ZAE000004875
  • Authorised shares:
  • 600 000 000
  • Issued shares:
  • 511 645 450
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 0 shareholders
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

Credit Rating

NameLogoCountryHeadquartersRating
FitchCredit LogoUnited States of AmericaNew YorkBB-
Moody'sCredit LogoUnited States of AmericaNew YorkBaa3
S and P GlobalCredit LogoUnited States of AmericaNew YorkBB-

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Daniel

Non Executive
NationalitySouth Africa
60
RoleNED
QualificationAssociate Certificates (Chartered Institute of Bankers), German Banking Diploma
Date Appointed: 01/05/2023
Duration:
2 years and 6 months
Independance: Y
Profile
Name

Jason

Executive
NationalitySouth Africa
50
RoleCEO
QualificationBAcc (Hons), CA(SA)
Date Appointed: 01/05/2024
Duration:
1 year and 6 months
Independance: Y
Profile
Name

Hubert Rene

Non Executive
NationalitySouth Africa
61
RoleNED
QualificationBAcc (Hons), CA(SA)
Date Appointed: 01/07/2017
Duration:
8 years and 4 months
Independance: Y
Profile
Name

Brian Anthony

Non Executive
NationalitySouth Africa
58
RoleNED
QualificationBSc(Hons), MBA
Date Appointed: 01/06/2014
Duration:
11 years and 5 months
Independance: N
Profile
Name

Michael

Executive
NationalitySouth Africa
72
RoleCFO
QualificationBCom (Hons), DipAcc, CA (SA), AMP
Date Appointed: 01/10/2020
Duration:
5 years and 1 month
Independance: Y
Profile
Name

Neo Phakama

Non Executive
NationalitySouth Africa
48
RoleNED
QualificationBCom, PGDA, CA (SA), BCom (Hons), MCom
Date Appointed: 01/06/2017
Duration:
8 years and 5 months
Independance: Y
Profile
Name

Mavis

Non Executive
NationalitySouth Africa
65
RoleNED
QualificationBSc Geology, MSc Engineering, PhD Engineering.
Date Appointed: 01/07/2024
Duration:
1 year and 4 months
Independance: Y
Profile
Name

Phumzile

Non Executive
NationalitySouth Africa
51
RoleNED
QualificationBCom (Acc), BCom (Hons), Mcom
Date Appointed: 01/03/2022
Duration:
3 years and 8 months
Independance: Y
Profile
Name

Robert Alexander Gordon

Non Executive
NationalitySouth Africa
63
RoleNED
QualificationBCom (Hons)
Date Appointed: 01/10/2016
Duration:
9 years and 1 month
Independance: Y
Profile
Name

Linda

Non Executive
NationalitySouth Africa
57
RoleNED
QualificationBCom (Hons), HDE, MPhil
Date Appointed: 01/06/2017
Duration:
8 years and 5 months
Independance: Y
Profile
Name

Mfundo Clement

Executive
NationalitySouth Africa
58
RoleCOO
QualificationBA (Hons), Strategic Management in Banking, AMP
Date Appointed: 01/01/2015
Duration:
10 years and 10 months
Independance: N
Profile
Name

Terence

Non Executive
NationalitySouth Africa
64
RoleNED
QualificationBCom, B. Acc. Sci.(Hons), CA(SA)
Date Appointed: 01/01/2024
Duration:
1 year and 10 months
Independance: Y
Profile
Name

Stanley

Non Executive
NationalitySouth Africa
67
RoleNED
QualificationBCompt (Hons), CA (SA)
Date Appointed: 01/09/2015
Duration:
10 years and 2 months
Independance: N
Profile
Name

Oliver

Non Executive
NationalitySouth Africa
RoleNED
QualificationMBA
Date Appointed: 01/06/2025
Duration:
0 year and 5 months
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Daniel Mminele

Duration2 years and 6 months
Profile
Name

Jason Quinn

Duration1 year and 6 months
Profile
Name

Hubert Rene Brody

Duration8 years and 4 months
Profile
Name

Brian Anthony Dames

Duration11 years and 5 months
Profile
Name

Michael Davis

Duration5 years and 1 month
Profile
Name

Neo Phakama Dongwana

Duration8 years and 5 months
Profile
Name

Mavis Hermanus

Duration1 year and 4 months
Profile
Name

Phumzile Langeni

Duration3 years and 8 months
Profile
Name

Robert Alexander Gordon Leith

Duration9 years and 1 month
Profile
Name

Linda Makalima

Duration8 years and 5 months
Profile
Name

Mfundo Clement Nkuhlu

Duration10 years and 10 months
Profile
Name

Terence Nombembe

Duration1 year and 10 months
Profile
Name

Stanley Subramoney

Duration10 years and 2 months
Profile
Name

Oliver Fortuin

Duration0 year and 5 months
Profile

 

Director Experience

Name
Experience
Name

Daniel

Experience Banking, Financial Services
Profile
Name

Jason

Experience Financial Services, Banking, Retail
Profile
Name

Michael

Experience Banking, Financial Services, Software and IT, Energy, Mining and Metals
Profile
Name

Hubert Rene

Experience Banking, Financial Services
Profile
Name

Brian Anthony

Experience Banking, Energy, Software and IT
Profile
Name

Neo Phakama

Experience Banking, Financial Services
Profile
Name

Mavis

Experience Education, Mining and Metals, Energy
Profile
Name

Phumzile

Experience Banking, Financial Services, Mining and Metals, Energy
Profile
Name

Robert Alexander Gordon

Experience Banking, Financial Services, Retail
Profile
Name

Linda

Experience Investment, Banking, Financial Services, Mining and Metals, Energy, Business Services
Profile
Name

Mfundo Clement

Experience Banking, Retail, Software and IT
Profile
Name

Terence

Experience Financial Services
Profile
Name

Stanley

Experience Financial Services
Profile
Name

Oliver

Experience Retail, Financial Services, Telecom
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/1974
Year51 years and 10 months
Profile
Name

Ernst & Young

Date Appointed01/01/2019
Year6 years and 10 months
Profile

 

Company Past Directors

Name
ED/NED
Role
Name

Errol

ED/NEDNon Executive
RoleNED
Date Appointed: 01/08/2016
Date Resigned: 05/03/2025
Profile

 

Company Committees

Name

Daniel Mminele

Mainboard, Audit, Remuneration BD, OT
Profile
Name

Jason Quinn

Mainboard, Audit, Remuneration BD, RC, IS, SE, OT
Profile
Name

Michael Davis

Mainboard, Audit, Remuneration BD, IS, OT
Profile
Name

Hubert Rene Brody

Mainboard, Audit, Remuneration BD, AU, RE, TE, OT
Profile
Name

Brian Anthony Dames

Mainboard, Audit, Remuneration BD, RC, TE, OT
Profile
Name

Neo Phakama Dongwana

Mainboard, Audit, Remuneration BD, AU, RE, IS, OT
Profile
Name

Mavis Hermanus

Mainboard, Audit, Remuneration BD, OT
Profile
Name

Phumzile Langeni

Mainboard, Audit, Remuneration BD, AU, RE, SE, OT
Profile
Name

Robert Alexander Gordon Leith

Mainboard, Audit, Remuneration BD, RC, RE, IS, TE, OT
Profile
Name

Linda Makalima

Mainboard, Audit, Remuneration BD, RC, IS, SE, OT
Profile
Name

Mfundo Clement Nkuhlu

Mainboard, Audit, Remuneration BD, IS, OT
Profile
Name

Terence Nombembe

Mainboard, Audit, Remuneration BD, AU, RC
Profile
Name

Stanley Subramoney

Mainboard, Audit, Remuneration BD, AU, RE, IS, SE, OT
Profile
Name

Oliver Fortuin

Mainboard, Audit, Remuneration BD
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT