Nedbank Group names Absa’s former finance director as CEO-designate

Date:

Customers perform transactions on Nedbank automated teller machine

Customers perform transactions on Nedbank automated teller machine (ATM) at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February 8, 2023. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights

Nov 22 (Reuters) – 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.

Reporting by Prerna Bedi in Bengaluru; Editing by Shilpi Majumdar

Our Standards: The Thomson Reuters Trust Principles.

Acquire Licensing Rights, opens new tab

Share post:

Subscribe

Popular

More like this
Related

2024-25 college football bowl game schedule, scores, TV channels, times

The 2024-25 college football bowl season continues with the...

Trade Finance Global’s 2024 Year in Review

Happy New Year from Trade Finance Global (TFG)! https://www.youtube.com/watch?v=GBrJkoZnT_I Bidding 2024...

Northwest Travel Guide 2025: Beach spots, backpacking trips and cozy spas galore

Buzzy beach towns, big backpacking trips and a novel...