Nedbank CEO Mike Brown is in the C-SUITE

Nedbank CEO Mike Brown is in the C-SUITE

Nedbank FY2020 results in a nutshell. Tough operating environment second half better than first half, suspend dividend with intention to resume first half 2021.

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About Mike Brown

Michael William Thomas Brown – Chief Executive

Appointed: June 2004 as Chief Financial Officer and March 2010 as Chief Executive

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

Expertise in accounting, auditing, large corporates, retail and investment banking, other financial services, human resources, marketing, business strategy and strategic planning, corporate governance and stakeholder management and doing business in emerging economies.

Nationality: South African

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.

Board committees:

Member: Group Transformation, Social and Ethics Committee, Large-exposure Approval Committee, Group Credit Committee, and Group Risk and Capital Management Committee.

Source: Nedbank Website