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Fri 31 Oct 2008, 14:23 NED - Nedbank Group - Appointment of Chief Information Officer and Head of Group
NED
NED                                                                             
NED - Nedbank Group - Appointment of Chief Information Officer and Head of Group
Technology                                                                      
NEDBANK GROUP LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
Registration number: 1966/010630/06                                             
JSE share code: NED                                                             
NSX share code: NBK                                                             
ISIN: ZAE000004875                                                              
("Nedbank Group" or "the group")                                                
APPOINTMENT OF CIO AND HEAD OF GROUP TECHNOLOGY                                 
Nedbank Group is pleased to announce the appointment of Fred Swanepoel as Chief 
Information Officer and head of group technology of Nedbank with effect from 1  
November 2008. He has also been appointed to the Nedbank Group Executive        
Committee.                                                                      
Swanepoel (45) is currently heading up group software services at Nedbank. He   
joined Nedbank in 1996 after eight years at the Small Business Development      
Corporation. During his career at Nedbank he has had wide-ranging experience in 
the technology division, being appointed a senior manager in 2004 with          
responsibility for finance, risk and compliance and later assuming              
responsibility for project and programme management.                            
Nedbank Group chief executive, Tom Boardman, said: "As a member of the group    
technology executive team over the past number of years Fred has been closely   
involved in the development of the bank`s technology strategy and key projects. 
We look forward to benefiting from his leadership of the group technology       
function."                                                                      
Swanepoel`s appointment has been approved by the Registrar of Banks.            
Sandton                                                                         
31 October 2008                                                                 
Sponsors                                                                        
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Date: 31/10/2008 14:23:01 Produced by the JSE SENS Department.                  
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