NEDBANK Group Limited chief executive office Mike Brown will be visiting Zimbabwe from 9 to 10 October 2023.
During the two-day visit, Brown will have various engagements with clients and staff of Nedbank Zimbabwe, the Reserve Bank of Zimbabwe, and other key stakeholders.
Nedbank Group is one of the five largest financial services groups in Africa with over US$67 billion in assets. Nedbank offers wholesale and retail banking, insurance, asset management and wealth management services and solutions to seven million clients and holds an international market share of 12% of unit trusts assets under management (AUM).
Nedbank CEO Mike Brown
Nedbank Zimbabwe has been serving Zimbabweans since 1956, when it was formed as the Merchant Back of Central Africa (MBCA). Nedbank Group acquired shareholding in MBCA Bank in 2007 and is now the leading shareholder with a shareholding of almost 75%.
MBCA was rebranded to Nedbank in 2018, and we are pleased to be celebrating the fifth year of operation under the Nedbank brand in 2023. Nedbank’s strategy is to expand in large, fast- growing markets and on the continent.
Rebranding the business is aligned to Nedbank’s intent to build one admired and respected brand across sub-Saharan Africa. Our aspiration is to be a regional champion through managing, owning, and controlling Nedbank-branded operations in the Southern and East Africa.
Nedbank is a purpose-led and values-driven organisation, and we are working to achieve our vision of being the most admired financial services provider in Africa by our employees, clients, shareholders, regulators, and society. We are focussed on delivering positive societal and environmental impact, aligned with the UN SDGs, and supported by good governance and ESG leadership. Our leadership in the Sustainable Finance space continues to be recognised externally with multiple awards, including Sustainable Bank of the Year from the 2023 African Banker.
Having been operating in Zimbabwe for almost 20 years, Nedbank believes in the great potential of Zimbabwe and Zimbabweans, and we remain committed to work with all Zimbabweans to build a better Zimbabwe.
The Nedbank Group Chief Executive, Mike Brown is accompanied by:
Group Managing Executive for Nedbank Africa Regions (NAR) – Dr Terence Sibiya Nedbank Group Executive Head for Stakeholder Relations – Amos Hadebe Nedbank Co-Head of International Mining Finance & Investment– Nivaash Singh Managing Director of Nedbank Namibia – Martha Murorua
Executive Head of Marketing & Communications for NAR – Maseda Ratshikuni
