NED - Nedbank Group - Resignation of Head of Nedbank Retail
NED
NED
NED - Nedbank Group - Resignation of Head of Nedbank Retail
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")
RESIGNATION OF HEAD OF NEDBANK RETAIL
Nedbank Group regrets to announce the resignation of Saks Ntombela, Managing
Executive: Retail, and a member of its Group Executive Committee, with immediate
effect.
Ingrid Johnson, Group Managing Executive: Retail and Business Banking, will
assume direct leadership responsibility for the Retail business.
Mike Brown, Chief Executive, commented: "Saks has held various managerial
positions in Nedbank Retail over the past seven years. We wish him well for the
future as he chooses to pursue new opportunities."
Sandton
2 November 2010
Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd
Date: 02/11/2010 17:19:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
