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Investec's success story

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Investec was founded as a small leasing and financing company 46 years ago, in 1974 in Johannesburg, by Larry Nestadt, Errol Grolman and Ian Kantor. It secured a banking licence in 1980 and was first listed on the JSE Securities Exchange in South Africa in 1986, after merging with Metboard, a trust company. In 1988, Investec Bank was restructured into Investec Group, giving Investec Management and staff control of the company.In September 2018, Investec announced plans to demerge and separately list its asset management business, Ninety One. To look back on a truly remarkable and iconic South African business success story Michael Avery is joined by the founding CEO and subsequent chairman Ian Kantor and another co-founder, long-time CEO Stephen Koseff.
19 Aug 2020 2AM English South Africa Business · Business News

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