Zimbabwe has $9bn plan to join African electricity drive
Nedbank Group names Absa’s former finance director as CEO-designate
9:13 CAT | 23 Nov 2023
FILE - Customers perform transactions on Nedbank automated teller machine (ATM) at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February 8, 2023. [File photo: Reuters/Siphiwe Sibeko]
South Africa’s Nedbank Group (NEDJ.J) on Wednesday appointed Jason Quinn, former finance director at peer Absa Group (ABGJ.J), as the chief executive-designate of the group and bank.
Quinn, 49, stepped down from his role at Absa Group and bank earlier in the day, after spending 15 years with the lender. He will join Nedbank in May next year.
Quinn will succeed company veteran Mike Brown, who in June had announced his intention to step down from the CEO’s role — a position he held since 2010.
At Absa, Chris Snyman will become interim finance director with immediate effect.
Source: Reuters
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