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Nedbank Delivers Resilient H1 Results as COO Mfundo Nkuhlu Prepares for Retirement

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Nedbank reported resilient half-year results, with revenue up 6%, costs tightly contained, and ROE holding above the cost of equity. COO Mfundo Nkuhlu discusses the bank’s operational momentum, digital and AI-driven efficiencies, and the NCBA acquisition. He also reflects on his upcoming retirement after more than two decades of leadership and how he’s ensuring a smooth transition.
4 Aug 1PM English South Africa Business News · Investing

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