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

Loading player...
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

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min