Nedbank
PEOPLE MOVES: Axa, Marlborough Group, Nedbank Private Wealth
Management change-up for the France-based insurance firm as deputy CEO and CFO departs
PEOPLE MOVES: Aviva, Ardan International, Vistra
Three firms hire new CEOs and Nedbank Private Wealth names head of investments in Jersey
PEOPLE MOVES: Nedbank PW, Columbia Threadneedle, Pinebridge
Resignation at the top for Columbia Threadneedle moving to L&G role
Old Mutual sells majority stake in Nedbank
Old Mutual will reduce its 54% stake in South African lender Nedbank to 19.9% as part of its ongoing plans to restructure and separate its business.
Old Mutual, Nedbank, Sanlam hit by South Africa’s junk status
South Africa’s credit rating downgrade to junk status has had an inevitable knock-on effect on the country’s life insurers and banks, including Nedbank, Old Mutual and Sanlam.