UNDICTATED: Behind Nedbank's CEO-securing raid for ABSA's Mighty Quinn

--:--
This episode of UNDICTATED features an interview with Nedbank's chairman, Daniel Mminele, about the notable appointment of a competitor bank's esteemed professional as Nedbank's new chief executive, succeeding the iconic Mike Brown. We aim to uncover the rationale behind this decision. Currently, Jason Quinn is 49 and serves as ABSA's financial director. He was their interim CEO for about a year until March 2022. When ABSA chose Arrie Rautenbach as CEO, Quinn remained with the bank. His high regard within ABSA, which he joined in 2008, is well-known, and he also worked closely with Mminele when Nedbank's relatively freshly minted head of the directorate was ABSA Group CEO. Mminele discussed this and other issues with BizNews editor Alec Hogg.
28 Nov 2023 12PM English South Africa Investing · Business News

Other recent episodes

Cornelius Zeeman: Global investors eye SA, but sceptical of Ramaphoria 2.0 and mining growth

In this insightful interview, Fairtree portfolio manager Cornelius Zeeman discusses the firm's growth, their global investor base, and the challenges of investing in South African markets. He highlights the scepticism foreign investors have following the "Ramaphoria" era, emphasizing the need for sustained economic growth and policy certainty. Zeeman also shares…
10 Oct 12PM 18 min

Mantengu Mining CEO Miller eyes transformation with Blue Ridge Platinum acquisition

Mantengu Mining, under the leadership of CEO Mike Miller, is poised for transformation with the strategic acquisition of the Blue Ridge Platinum mine. Mantengu Mining, under the leadership of CEO Mike Miller, is poised for transformation with the strategic acquisition of the Blue Ridge Platinum mine. This deal represents a…
10 Oct 10AM 18 min

Equites Property CEO highlights growth, retail ties, and Amazon’s market disruption

Equites Property Fund sees growth in logistics and warehousing sectors, driven by strong retailer relationships and rising e-commerce. CEO Andrea Taverna-Turisan emphasises the importance of logistics giants like DHL and DSV, highlighting the challenge Amazon's entry poses. Renewable energy and infrastructure efficiency remain key to future competitiveness. Taverna-Turisan spoke to…
10 Oct 11AM 21 min

SARS Warns Crypto Traders: Declare Profits or Face Penalties

SARS is ramping up efforts to track cryptocurrency traders, warning South Africans that undeclared crypto profits will no longer go unnoticed. With around 5.8 million SA citizens holding digital assets, SARS has launched a compliance initiative using third-party data and AI tools. The voluntary disclosure program offers a way for…
10 Oct 6AM 20 min