NED
NED
Nedbank Group - Appointment of Senior Executive
NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
ISIN: ZAE000004875
("Nedbank Group" or "the group")
APPOINTMENT OF SENIOR EXECUTIVE
Nedbank Group is pleased to announce the appointment of Nombulelo ("Pinky")
Moholi as Director of Group Strategy, Marketing and Corporate Affairs.
Nombulelo (45) will be responsible for group strategy, marketing, communications
and the Nedbank Foundation, and will be joining the Nedbank Group Executive
Committee (Group Exco).
She was formerly chief sales and marketing officer of Telkom and a member of the
company"s executive committee.
After graduating from the University of Cape Town with a bachelor of science
degree in electronic engineering, she worked for GEC and Siemens. She joined
Telkom in 1994 as general manager of payphones and became group executive:
regulatory affairs the following year. Nombulelo was appointed managing
executive of international and wholesale services in 1999 and assumed
responsibility for the sales and marketing portfolio in 2002.
"As the Nedbank Group continues to adopt an external focus and aggressively
seeks to regain market share, Nombulelo"s areas of responsibility will become
increasingly important in driving the group"s strategy," said Tom Boardman,
chief executive of Nedbank Group. "She will play a critical role in the ongoing
repositioning of Nedbank into a bank that is aspirational yet accessible to all
South Africans."
Sandton
8 March 2006
Sponsors
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 08/03/2006 03:52:11 PM Produced by the JSE SENS Department
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