Investec maintains $37.6 million amid UK motor finance ruling
Other lenders implicated in the case, including FirstRand and Close Brothers plc, are grappling with the fallout.
Other lenders implicated in the case, including FirstRand and Close Brothers plc, are grappling with the fallout.
This represents a significant 30.18 percent decline from the £7.5 million ($9.7 million) he received in the previous year.
Investec is positioning itself for a $1.7-billion market expansion by enhancing its business banking unit with a new payments system for corporate clients.
Under Fani Titi’s leadership since March 2020, Investec has demonstrated resilience and growth despite challenging market conditions.
Under Titi’s leadership, Investec has demonstrated resilience and growth despite challenging market conditions.
The move highlights the diversified nature of its business, extending beyond financial services.
Titi also acknowledged reasons for hope, highlighting a growing awareness of the urgent need for action to address South Africa’s challenges.
Titi’s compensation package encompasses a base salary of $1.3 million and a performance-based short-term incentive of $1.97 million.