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The Nedcor Group was renamed the Nedbank Group on 6 May 2005. In August 2009, Nedbank acquired the 49.9% of Imperial Bank South Africa that it did not own, so Imperial Bank South Africa is wholly owned by Nedbank. [7] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [8] [9]
Jason Quinn (born circa 1975) is the chief executive officer (CEO) designate of Nedbank Group. He previously was CEO in acting capacity, of Absa Group Limited, a financial services conglomerate, with headquarters in Johannesburg, South Africa, and subsidiaries in eleven sub-Saharan countries.
Nedbank: 73.800 7 Attijariwafa Bank: 60.337 8 Banque Populaire: 47.915 9 Bank of Africa: 36.672 10 Access Bank: 33.448 11 Investec: 33.203 12 Banque Nationale d'Algérie: 32.229 13 Banque Extérieure d'Algérie: 29.966 14 Ecobank: 29.004 15 Zenith Bank: 27.446 16 Commercial International Bank: 25.675 17 United Bank for Africa: 24.256 18 First ...
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Absa Bank Ltd, part of Absa Group; African Bank Limited; Bidvest Bank Ltd; Capitec Bank Ltd; Discovery Bank Ltd; FirstRand Ltd, part of FirstRand Group; Investec Bank Ltd; OM Bank Ltd, part of Old Mutual Group
He started working at Nedbank in Cape Town in 1952 as a messenger. [2] He became the managing director of Nedbank in Johannesburg from 1988 until 1990 and became Nedbank's CEO that year until 1994 when he retired. [2] In 1991, he was the president of the Institute of Bankers in South Africa. [2]