Service: 27 years

Qualifications: BCom, DipAcc, CA (SA), CD (SA), AMP (Harvard, USA)           

Mike was appointed as Chief Financial Officer in June 2004 and as Chief Executive in March 2010. He is currently Deputy Chair of Business Leadership South Africa and is a Director and former Chair of the Banking Association of South Africa. In 2020 Mike was selected by his peers as the Sunday Times Top 100 Companies Business Leader of the Year. He was previously an Executive Director of BoE Limited and, after the merger between Nedbank Limited, BoE Bank Limited, Nedcor Investment Bank Limited and Cape of Good Hope Bank Limited in 2003, he was appointed Head of Commercial Property Finance at Nedbank Limited.

Service: 24 years

Qualifications: BCom (Hons), DipAcc, CA (SA), AMP (Insead) 

Mike was appointed Chief Financial Officer of the group on 1 October 2020. He previously held the position of Group Executive for Balance Sheet Management and has been a member of the Group Executive Committee from 1 January 2015. He has significant industrywide experience in finance, asset and liability, regulatory, treasury, risk and capital management, and worked in financial services for over 20 years. Before joining Nedbank through the acquisition of BoE Bank Limited, Mike completed his articles at Deloitte, where he specialised in banking, treasury and risk management.

Service: 16 years

Qualifications: BA (Hons), Strategic Management in Banking (Insead), AMP (Harvard, USA)

Mfundo was appointed as Chief Operating Officer in January 2015. He joined the group as Head of Nedbank Africa in 2004 and became Head of Corporate Banking in 2005. He became a member of the Group Executive Committee in 2008 and Managing Executive of Nedbank Corporate in 2009, delivering strong and consistent performance in the business. He was appointed to the boards of Nedbank Limited and Nedbank Group Limited on 1 January 2015. He also serves on the board of Ecobank Transnational Incorporated, in which Nedbank holds a 21,2% interest. As a member of the Group Executive Committee, Mfundo is closely involved in the oversight of business strategies across Nedbank and is responsible for leading and delivering changes to the target operating model. Before joining Nedbank, Mfundo was the Executive responsible for strategy, revenue and economic analysis at the South African Revenue Service and Chief Director of the Department of Trade and Industry, where he was responsible for Africa and the Middle East, as well as for the development and coordination of the economic strategy for the New Partnership for Africa's Development (NEPAD).

 Service: 19 years 

Qualifications: BCom (Econometrics) (Hons) (cum laude) (University of Johannesburg), MPhil (Economics) (Cantab) AMP (Harvard, USA)

Anél started her career at Nedbank as a trader, heading up the Multidisciplinary Desk and was then appointed as the Head of Risk for Nedbank Capital from 2005 to 2010. After a short period as Chief Financial Officer and Head of Strategy for Nedbank Capital, she was appointed as the Chief Operating Officer for the cluster in 2011. In 2015 Anél was appointed as Managing Executive for Nedbank CIB Markets, being responsible for all trading activities in Nedbank as well as wholesale funding. Anél was appointed Group Managing Executive of Nedbank Corporate and Investment Banking and joined the Group Exco on 1 April 2020.

Service: 10 years

Qualifications: BSc (University of Cape Town), MBA (University of the Witwatersrand), AMP (Harvard, USA)

Ciko joined the group in January 2010 as Group Executive of Group Marketing, Communications and Corporate Affairs and in November 2010 he was appointed as Managing Executive of Consumer Banking in the Retail and Business Banking cluster. Ciko has wide-ranging marketing and business experience in financial services, the consumer goods and motor industries. He started his professional career at Unilever in Durban in January 1992. He joined Nedbank from Barloworld, where he was the Group Marketing Director of the automotive division. Ciko was previously General Manager of Retail Banking Marketing at Absa Group. He has also held various management positions at SA Breweries, Unilever and M-Net. Ciko was appointed Group Managing Executive of Nedbank Retail and Business Banking on 1 April 2016.

Service: 18 years

Qualifications: BMil (Hons), Bus and Admin (Hons), AMP (Insead)

Iolanda was appointed to the Nedbank Group Exco in March 2015. She has over 20 years of experience in financial services, 18 of which have been at Nedbank. Iolanda has held senior management positions in Nedcor Investment Bank and Nedbank Retail, and was appointed as Chief Operating Officer of Nedbank Wealth in 2006. During her tenure with Nedbank Wealth Iolanda played an integral role in the acquisition and seamless integration of BoE Private Clients, Nedgroup Life and Fairbairn Private Bank into the Nedbank Group.

Service: 9 years 

Qualifications: BSc (Information and Decision Systems) (Carnegie Mellon University, Pittsburgh, USA), MEd, EdD (Instructional Systems Design and Information Technology) (University of Pittsburgh, USA), AMP (Duke University)

Terence was appointed to the Nedbank Group Exco in April 2020. Before starting his current role in 2018, Terence was the Managing Executive of Client Coverage in Nedbank CIB. Before joining Nedbank in 2011 he was the Executive and Head of Power, Infrastructure, Construction, Oil, Gas and Renewable Energy in the Corporate and Investment Banking Division of the Standard Bank Group.

Service: 24 years

Qualifications: BCom, Dip Acc, Chartered Accountant (SA), Risk Management in Banking (Insead, France) and Advanced Management Programme (Harvard, USA)

Trevor has been Group Chief Risk Officer since 2014, and before that he was Managing Executive of Balance Sheet Management for five years following his appointment to the Group Exco in 2009. Trevor is also a permanent attendee at all Group Board of Directors’ (Non-executive Directors) meetings. Before joining the group in 1996, Trevor was a partner at Deloitte where he specialised in banking and risk management after several years in external audit, both in South Africa and the United States of America. Collectively, he has over 31 years of experience in financial services and risk management.

Service: 2 Year

Qualifications: BSocSc (Rhodes University)

Deborah joined Nedbank’s Group Exco in June 2018. She has 26 years of experience in human resources, 19 of which have been in the financial services sector, including retail, business and investment banking. Deborah held several senior leadership roles in human resources in other large South African banks since her return to the country in 2010. Before that, while living in the UK, Deborah held a number of European and global human resources specialist and generalist roles at General Electric.

Service: 7 years

Qualifications: BCom, LLB, International Executive Development Programme (Wits Graduate School of Business Administration), Executive Business Transformation Programme (Duke CE), Compliance Professional  (CProf (SA)), International Certified Compliance Professional (ICCP)

Daleen was appointed as Nedbank’s Group Chief Compliance Officer and to the Group Exco on 1 May 2022. Daleen has 22 years’ compliance risk management experience in the banking and financial services industry including a focus on the use of technology in compliance risk management.  Prior to her appointment she was a member of the Nedbank Group Compliance executive team. Daleen started her career as an attorney, notary and conveyancer before entering the financial services industry in 2000 as a pioneer of Compliance Risk Management in South Africa playing an integral role in the development of the compliance methodology and the professionalisation of the compliance industry in South Africa. As Group Chief Compliance Officer, Daleen is responsible for the Nedbank Compliance function inclusive of Ethics, Regulatory, Advocacy and Supervisory Affairs.

Service: 19 years

Qualifications: CA(SA), AMP (Insead)

Priya was appointed as Group Executive of Strategy and to the Group Exco on 1 January 2015. Before that Priya headed up the finance and strategy function for the Nedbank Corporate Cluster, where she gained her banking experience through various roles. She joined Nedbank in 2001 from PwC.

Service: 3 years

Qualifications: BCom (University of the Witwatersrand), MBA (GIBS)

Kensi joined Nedbank in September 2017 as Executive Head of Group Marketing. She has a BCom from Wits (majoring in marketing and information systems) and an MBA from GIBS. Before joining Nedbank she was a marketing executive at Vodacom and held senior leadership roles at SA Breweries and Unilever. Kensi was appointed Group Executive of Group Marketing and Corporate Affairs and joined the Group Exco in May 2018.

Service: 24 years

Qualifications: BCom (Hons) (Stellenbosch University), MBA (University of the Witwatersrand), Senior Executive Programme for Africa, AMP (Harvard, USA)

Fred has more than 30 years of experience in finance, banking and information technology. In 1996 Fred joined Nedbank to run regional operations in the Western Cape. In 2000 he brought his operational experience into the group’s technology arena and was appointed Nedbank Group Chief Information Officer in November 2008. Before that he held several high-level positions in the technology environment, including Divisional Director for Finance, Risk and Compliance, Projects and Programme Management, and Head of Group Software Services. He is a strategic thinker with strong commercial acumen and has been integral to the formulation, evolution and success of the group’s transformational digital and innovation programmes. He has repositioned the group’s technology capability significantly to deliver a simplified, agile and client-centred architecture. Fred’s goal is to enable Nedbank to achieve its ambition to be ‘Africa's number one digital financial services company’. In 2020 Fred was recognised as Chief Information Officer of the Year by the International Business Magazine, the Africa Tech Week and the Global Banking & Finance Awards.