Nedbank commits $662 million to expand across Africa
South African financial giant, Nedbank, targets fourfold profit growth from African markets by 2029.
South African financial giant, Nedbank, targets fourfold profit growth from African markets by 2029.
Given Quinn’s performance at Absa Group, he emerged as the ideal candidate to succeed Mike Brown at Nedbank Group.
Quinn joins Nedbank from Absa Group, where he served as the financial director of both Absa Group and Absa Bank.
Quinn also owns a minority stake of 0.012 percent, amounting to 99,814 shares in the financial services giant.
The issued dividend reflects the group’s strong financial performance at the conclusion of its 2021 fiscal year.