"The best CFOs are intellectually persuasive without being arrogant," says Nedbank CEO Mike Brown, a former Chief Financial Officer himself. So there were no real surprises. Adriaan, as an accomplished author and leadership advisor, has been interviewing and working with top leaders for more than 15 years. 0 0 0 What fascinates me is that there is always so much you can do in business, irrespective of what the outside environment is.”, Brown ultimately believes: “At the end of the day, it does not matter what you pay people unless you enjoy coming to work every single day, which means you enjoy what you do, you enjoy who you do it with, you enjoy how you are treated. Leadership Platform is a specialist leadership development consultancy, focusing on creating measurable impact to the bottom line through the enhancement of leadership understanding and engagement. Nedbank has published its integrated annual report for 2018, showing how much its executives were paid – including CEO, Mike Brown. Nedbank Group chief financial officer (CFO) Raisibe Morathi has resigned from the company and will join Vodacom as its Group CFO from 1 November 2020. The average Nedbank salary ranges from approximately R 120 000 per year for Teller to R 614 494 per year for Business Manager. Do you recognize some areas in yourself or your team that need improvement? Mike Brown, CEO of Nedbank, comes from a family of bankers. From a profitability perspective it is clear that massive resources are often invested unproductively by organisations in order to compensate for lack of cohesiveness and authority in attitude management; lack of common leadership language & believable (believed) leadership models; and […], A few weeks ago I met with a very impressive, very humble, and extremely dedicated leader:  Her name is Elsbeth Dixon, the CEO of Common Purpose South Africa. One of the key roles of the CEO is therefore to be owner and custodian of the vision. He had significant experience and exposure to banking in general and Nedbank in particular. In this article I share examples and will refer to the underlying principle as the “concurrent wave”. Tshifhiwa G Ramuthaga Pr. Meet the Nedbank Namibia Board of Directors. Executive Committee Meet the Nedbank Namibia Executive Committee. Tshifhiwa G Ramuthaga Pr. Authorised financial services and registered credit provider. Executive Management Personal Find the Right Solution for You ... Nedbank Swaziland Limited Reg No CB39/1974. JOHANNESBURG - Nedbank CEO Mike Brown says the world is a long way from feeling like it did before the recession of 2008, and the second half of 2013 is sure to prove that. Fortunately Nedbank Leadership seems to have planned their communication strategy about this possible deal well. He was also taught “to appreciate opportunities that come one’s way in life”. CEO Leadership Fitness Mike Brown Nedbank Opportunities. The remuneration of leaders is linked to their ability to improve values matches and cultural entropy, as part of their performance appraisals. Measurement, monitoring and tracking is very important in any organisation according to Brown. This required extensive communication, road shows, facilitated conversations and exercises with the Exco team, and much more. Email: info@leadershipplatform.com. Do you recognize some areas in yourself or your team that need improvement? Asked 26 May 2019. Some traps: Too much focus on the spreadsheets and not enough on the people (clients and staff); too many consultants; and it is easy to become too internally focused. What has in a way surprised him is “the role-modelling that happens in an organisation off the behaviours of the leadership group”, says Brown. (Twitter: @AdriaanG_LP), The leader determines performance levels by imposing believable expectation standards that are believed and valued by all. Nedbank Group was founded in 1973 and is … Their strategy to expand into the rest of Africa has evolved significantly. Mike Brown – CEO of Nedbank Group Limited. Almost two years ago I had a leadership conversation with Mike Brown who at the time was fairly new in his role as CEO. He has a great appreciation for this. However, if asked he would advise a young or newly appointed CEO as follows: “First of all you have to be clear as to the role of the CEO of any organisation and the way I see it and what we are trying to build here is an organisation that is vision led and values driven. Mike Brown, CEO of Nedbank, comes from a family of bankers. The next youngest person on his Executive team was over forty. HSBC is an opportunity to accelerate the delivery of our vision but if it doesn’t accelerate that is also okay. One hopes Brown would repeat this in the future as doing so will entrench further their mature organizational culture and it is the ultimate proof of great leadership – multiplying future leaders. Of course they intend to execute on this. Not only did we have to level the political playing field but […], Q&A: BRLP: How do you lead? Pivotal to his leadership development was being placed in leadership positions relatively early on in his career. For example, you walk into a place, you will have a perception of that place before you go there, but even as you’re walking […], Call: +27 (0)12 653 3022 Our meeting happened while the HSBC deal was on the cards, but shortly after fell through. The average Nedbank monthly salary ranges from approximately R 4 243 per month for Administrative Assistant to R 45 758 per month for Operations Manager. Vision, Values & Strategy Nedbank is vision-led and values driven. What made this possible was the good relationship between Boardman and Brown, and their emotional maturity to understand that it was a healthy process. A lot has happened since, as Brown explains: “The Nedbank today is a significantly better organisation in all spheres than two or three years ago, whether you look at it from a shareholders performance lens, a staff engagement and values journey lens, a client lens, a regulatory lens or what we do in the community.” Their vision to become Africa’s most admired bank with sustainable long term success is built around these five components – shareholders, staff, clients, regulators and communities. Mfundo Clement Nkuhlu, 53 Chief Operating Officer & Executive Director: Nedbank Group Ltd., Nedbank Ltd., Ecobank Transnational, Inc., Banco Único SA: Iain G. Williamson, 49 Non-Executive Director Michael William Thomas Brown - Chief Executive Appointed: June 2004 as Chief Financial Officer and March 2010 as Chief Executive His leadership abilities were no doubt accelerated by experiencing three mergers along the way – NBS/Boland; BoE/NBS Boland; and finally the merging with Nedbank. Our meeting happened while the HSBC deal was on the cards, but shortly after fell through. Email Adriaan on adriaan@leadershipplatform.com for more on creating “Leadership Fit” leaders that generate successful movement (performance) inside your organisation. The bank … Nedbank Group won 3 financial reporting awards from various reputable institutions such as Investment Analyst Society, Chartered Secretaries, Nkonki/Financial Mail, etc. However, the internal dynamics of having both an outgoing and incoming CEO for almost a year had to be managed in a mature manner. He is the Co-Founder and CEO of Leadership Platform. CIO, MBA-GIBS Visionary CIO Award winner. We never spam. Downvote. We absolutely believe we can achieve this vision with our current base case, but if there is a change in a controlling shareholder we may get there faster. For more information call 0860 775 775 or email dataprotection@nedbank.co.za. He stayed with NBS until today, though of course NBS changed through several acquisitions along the way. For the first period of his tenure, the investment community often wanted to know into what new direction Brown would take the bank. Holds 627 508 Nedbank Group Limited ordinary shares. When it did not happen there was, as Brown says “a lot of inward reflection around the importance of making sure that we deliver, so that there can never be any doubt in anybody’s mind about why HSBC did not do the deal.” Brown feels that their performance over the last few years indicates that the decision to not go through with the deal had nothing to do with Nedbank. Nedbank has released their annual report for 2018 which revealed how much their executives earned including Nedbank Chief Executive Mike Brown according to BusinessTech. He qualified as a chartered accountant and, like so many CA’s, joined Deloitte & Touche to do his articles. […], Like many of you, I love this country. Stuart Cummins, chief executive of Nedbank Private Wealth International, added: “I am delighted that Andrew and Jeremy have chosen to join us. He feels “the world is in a very difficult place right now, economically, with lots of challenges everywhere. In SADC and East Africa they have expanded the Nedbank franchise, with businesses in Zimbabwe, Lesotho, Namibia and Malawi. Nedbank chief financial officer (CFO) and executive director, Raisibe Morathi, has resigned after 11 years in the position, the group said in a statement on Tuesday (25 August). Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management.Nedbank Limited is a wholly owned subsidiary of Nedbank Group. Now that Brown has been in the hot seat for almost three years, what has he learnt, discovered or been surprised at? Yet, he and several of the team members had worked alongside Boardman for several years, jointly carving out the bank’s strategy, so why the need for sudden change? Partner Content. Nedbank has published its integrated financial report for 2017, showing how much its executives got paid last year – including a R38 million payday for CEO Mike Brown… The rest of his … Today International Banker is joined by Mike Brown, Group CEO of Nedbank, to discuss the recent political turbulence in South Africa, the challenges facing the bank and Nedbank’s future plans. Characteristics, Attributes, and Qualities, A Leadership Conversation with Jacob Zuma, President of South Africa – Part 2, A Leadership Conversation with Jacob Zuma, President of South Africa – Part 3, Elsbeth Dixon – CEO Common Purpose SA – It Is Who We Are That Really Matters. We know for absolute certain that no Nedbank systems or Nedbank bank accounts are at risk. Yet another crucial role of a CEO is to make sure you have the right people in your team and that they are on the right seats. We never spam. By subscribing you will be updated with the latest insights and news from us. New Details from Nedbank CEO: Mike Brown, CEO of Nedbank, had the following details to share in an interview with CNBC Africa : “We have done everything in our power to contain the incident. About two months before Boardman left they sat down and crafted a detailed plan on how he would say farewell to Nedbank and how Nedbank would thank him for a job well done. In my view this is proof of a healthy handover, healthy organisational culture and the advantage of an internal successor. Mike Brown, CEO of Nedbank warns that this will make it increasingly difficult to borrow money around the world and in the COVID-19 era more will be expected from banks. Absa CEO Maria Ramos was paid a total package of R37.6 million for the 2017 financial year, almost matching what Nedbank CEO Mike Brown earned. And finally, they have employees that they have lost but came back, many of them ascribing their return to the positive culture of Nedbank. Brown said that not for one minute did he want to rush into the position sooner than planned, because it would not be beneficial for anyone. We know now that the HSBC deal did not happen, which is regrettable as few leaders may be more prepared for such a deal as Brown. His father, grandfather and an uncle were bankers. For those of you who think you don’t, or don’t know if you do, when you get to that really honest place inside, you realize you too love this place, or at worst, you want to love it, be loyal to it, experience that special feeling of […], Call: +27 (0)12 653 3022 He had exposure to various parts of the operations, had been the CFO for five to six years and the transition from the previous CEO to him was seamless and exemplary to say the least. What advice would you give the CEO of Nedbank about how to improve it? As CEO of Nedbank and a leader in the current dynamic, fast paced, constantly moving business and sociopolitical environment, Brown sees it as an opportunity. All Rights Reserved. Mike Brown, Nedbank Ltd. chief executive officer, discusses the state of the South African economy and banking system with Bloomberg's Guy Johnson … Leadership Platform is a specialist leadership development consultancy, focusing on creating measurable impact to the bottom line through the enhancement of leadership understanding and engagement. These are modeled or imitated by the rest of the staff. Inside this new Nedbank, Brown managed the Property and Asset Finance Division that formed part of a four-way merger with businesses from BoE, Nedbank, NIB and Cape of Good Hope. Their approach towards stakeholders was as follows: 1) We believe that our business as it currently stands has an exciting vision and compelling strategy; 2) We refer you to the stock market where our share price was a top two banking stock over the last two years – proof that we are okay on our own; 3) We have a vision of building Africa’s most admired bank. Brown learnt from his father that “one only gets one chance at today”, meaning one has to do one’s best every moment of every day. In 1983 she completed a BSc in Applied Mathematics at the University of Stellenbosch. Brown says: “If you set the aspiration of being vision led and values driven and you push the ‘leading for deep green’ journey, you have to figure out how to measure, monitor and track or evaluate progress.” They came across a specific survey that they have been using consistently for the last five to six years as a measurement system to track their journey around culture and values, “with the outputs being things like values matches and an entropy score in the form of a percentage point”, explains Brown. The announcement did not affect the share price in the least. As he sees it another critical function of the CEO is to focus on creating a “values driven” culture and organisation. By subscribing you will be updated with the latest insights and news from us. Brown explains: “It started with the executive team going through a particular process around leadership, understanding your influence on others, personal mastery, a very defined leadership and culture values journey for the leadership team of the organisation.” They have now been successful in cascading that further down the organisation to thousands of staff. At the time of the possible deal they were clear about their strategy, but believed with HSBC the vision could be accelerated. Answered 8 September 2020. © 2015 Leadership Platform. Brown has therefore led older colleagues most of his life and is currently one of the youngest people on the Nedbank Executive. This approach seems to have been a mature and wise one as they are, for now, chasing their strategy on their own. Even though Boardman is in many ways a legend due to his remarkable rescue of Nedbank, Brown has never felt a need to move from under his shadow. Adriaan, as an accomplished author and leadership advisor, has been interviewing and working with top leaders for more than 15 years. The Centre segment consists of various support services. The following are key lessons learnt: You cannot over communicate; you must have the right leaders in place with the right attitude as quickly as possible; if the strategy is compelling, notwithstanding the challenges, people will buy in to a better future; and think of the journey as a once in a lifetime learning experience. They could well expand more in these areas through acquisition and other means. 3 answers. He had to learn quickly how to interact with people and manage relationships because technical and functional knowledge just wasn’t adequate any more. For Nedbank the future holds a challenge of how to grow business in Africa, while continuing their constant journey of aligning current and desired values inside Nedbank, to create a culture that is “facilitative of their organisation being more agile, mobile and competitive”. Managing Executive - Nedbank Card, Payments and Transactional City of Johannesburg. A lot has happened since, as Brown explains: “The Nedbank today is a … South Africa’s economic future is closely linked to the structural reforms which will bring about reliable and affordable electricity supply, said Nedbank Group CEO Mike Brown. Email: info@leadershipplatform.com. Mike Brown, Nedbank CEO Also significant about Nedbanks leader was his part in an exemplary handover from one CEO to the next. Brown continues the legacy of an organisation that is vision led and values driven. The Nedbank board of directors is among the most representative in the South African banking sector. We became a democracy and many situations had to and still have to transform. The reason for this is that everyone, including Boardman, would be the first to admit that the rescue was a team effort. Exceptional academic achievements certainly bolstered these early opportunities and, at about the age of thirty, he was appointed MD of BoE Corporate. Nedbank CEO Mike Brown – R152,480 a day Brown earned a basic salary of R8.1 million, and scored bonuses worth R13.75 million. Nedbank appoints new CFO The role of the modern day CFO is evolving, extending outside of the world of finance as the pace of fin tech gets faster and more complex. It […], Leaders should strive to always be aware of “another side” to situations. Nedbank's leadership is highly rated. And this is a universal truth that all great leaders understand. Nedbank's primary market is South Africa. A key challenge Brown and other banking leaders face moving into the future is to lead in an environment of regulatory and economic uncertainty, and to balance short term performance with long term investment – focusing on capital and liquidity, yet growing and building sustainability for the long term. Unlike his father who wanted to become a doctor but became a banker instead because of financial constraints, Brown had the opportunity to do what he really wanted to. He also set aside two months of this period to attend a course at Harvard, using some of this handover period for personal leadership development and enrichment. Crucial to the journey are the values that the leadership team truly live by and the behaviours that they portray. In Central and West Africa they partner with Ecobank and this relationship has deepened considerably. All Rights Reserved. He qualified as a chartered accountant and, like so many CA’s, joined Deloitte & Touche to do his articles. ... Jaco van Wyk on being the CEO’s business partner. I suppose leaders have to find the opportunities for their businesses within those challenges, and focus your people and leadership team on things they can control and make a difference to. Leadership Mike Brown Nedbank. He is the Co-Founder and CEO of Leadership Platform. Good to have you here, Mike. She then dedicated even more time to a Honours degree in Operations Research. Nedbank (Group management, Nedbank Wealth :red_cross: Group managing executive: Iolanda Ruggiero Email: iolandar@nedbank.co.za, Rest of Africa Group managing executive: Mfundo Nkuhlu Email: mfundok@nedbank.co.za, Nedbank Retail and Business Banking Group executive: Philip Wessels Email: philipw@nedbank.co.za, Nedbank Corporate and investment banking Group managing executive: … Email Adriaan on adriaan@leadershipplatform.com for more on creating “Leadership Fit” leaders that generate successful movement (performance) inside your organisation. Not much in fact. Knott-Craig: People lead instinctively and intuitively, and I know that sounds very general, but I don’t think people lead in an academic sort of way. Brown believes their values focus has impacted performance without a doubt: “It is probably impossible to make the connection scientifically, but certainly I have no doubt that the culture and values journey has played a big part in us retaining people in our organisation, attracting talent and the outcome of all of that has actually been pretty good performance.” He explains further: “If you take Nedbank over a one, three and five year period, I think in all of those we are number one or number two in terms of best performing bank. Almost two years ago I had a leadership conversation with Mike Brown who at the time was fairly new in his role as CEO. Upvote. for each of the 2 years in a row, ie in 2010 and 2011. Mike Brown – CEO of Nedbank. I think we are number two in year to date one and three, and number one over five years – a good outcome from a shareholder value creation perspective.”. Not all organisations focus so intensely on creating a values-driven organisation, perhaps because deep down they just don’t believe it will have a significant impact on their ultimate performance. His entrance into banking, though fairly coincidental, was probably evident. His father, grandfather and an uncle were bankers. It is so noteworthy in fact that we were contacted by a very persistent young man who was adamant that we needed to sit with Samson so that we could share Samson’s story in this forum. Nedbank is known for their strong emphasis on values, a journey that resumed almost eight years ago, and that internally is branded as “leading for deep green”. The Nedbank Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. Other ways of measuring the health of their internal culture also confirms the suggested improvement, again giving them different lenses through which to measure culture improvement. I'll bring positive impact in the company, and make sure the company is doing a great job to assist their customers in a positive way . Brown believes an important part of the CEO’s job is to be ambitious for the company, not yourself. Brown says further: “We also measure how many staff are lost to competitors verses how many new hires are coming from competitors and are you a net gainer or loser in the talent pool.” Over the last couple of years they have been a net gainer. These invaluable experiences taught him not only about the complex technical aspects of merging banks, but also the traps leaders can step into as well. His entrance into banking, though fairly coincidental, was probably evident. What the organisation got with Brown was absolute continuity, thus placing the team and Nedbank before any personal ambitions and egos. You can’t do that on your own, but by the time it is crafted you have to be the one that is out there championing that to internal and external stakeholders.”. © 2015 Leadership Platform. All those things that have to do with what it feels like around here, which is all about values, behaviour and culture – if this is not right it is not going to work for you.”. At the time of this interview, the HSBC deal was also on the cards. (Twitter: @AdriaanG_LP), Wayne Samson’s rise to the office of CEO of Ellies Holdings Ltd. is an interesting and noteworthy story. Nedbank announced Boardman’s retirement date and Brown as his internal replacement, almost a year before, in the middle of a recession. Mike Brown – the CEO of Nedbank (South Africa’s fourth largest bank) – was on a salary of R28.7m in 2012, increased to R 32m in 2013 and last year received a 7.7% increase putting his CTC at a delicious R 35 million (Thirty Five Million Rand)! Ecobank bought another bank in Nigeria, called Oceanic and Nedbank supported them in this by providing their holding company with a loan, and so secured the rights to acquire twenty percent of Ecobanks equity. He was placed in the financial services division to eventually audit banks, which resulted in a job offer from NBS bank in the early 90’s. Mike Brown – CEO of Nedbank Group Limited, Characteristics, Attributes, and Qualities, Self-Made CEO – Wayne Samson, Ellies Holdings Ltd. We have one of the most stable and experienced management teams in the industry, working together with the singular vision of building Africa's most admired bank. Their latest measurement came in as world class, which is a great achievement. Brown believes with a clear vision, the right values and the right people in the right seats on the bus you would probably be in good shape. ‘Economic damage is greater than first thought’ – Nedbank CEO Mike Brown 26th January 2020 24th January 2020 by Linda van Tilburg Finance Minister Tito Mboweni responded this morning to criticism from the business sector attending the World Economic Forum meeting in Davos Switzerland about the pace of structural reform of the economy saying that a process like this does take time. Broken down, Mike Brown’s package looks like … Their appointments add wide-ranging expertise to the board and I look forward to working with them both.” Jeremy Wilson recently retired as vice chairman of Barclays Corporate with Barclays. The strategy of the bank would simply evolve under the leadership of the Executive team. Our directors are highly experienced, with diverse skills that cut across industry sectors, disciplines, expertise and experience. Team truly live by and the behaviours that they portray the Investment community often wanted to into... Extensive communication, road shows, facilitated conversations and exercises with the Exco team, and scored worth... What has he learnt, discovered or been surprised at `` the best CFOs are persuasive. Exco team, and scored bonuses worth R13.75 million and many situations had to and still to... The 2 years in a very difficult place Right now, chasing their strategy to expand into rest! The rest of Africa has evolved significantly 2 years in a very difficult place Right now, their. Executive - Nedbank Card, Payments and Transactional City of Johannesburg thirty, he was taught! By and the behaviours that they portray know for absolute certain that No Nedbank systems or bank... Also okay a “ values driven ” culture and the behaviours that they portray interview the... Years ago I had a leadership conversation with Mike Brown, CEO of Nedbank, from., but shortly after fell through remuneration of leaders is linked to their ability to improve matches... Levels by imposing believable expectation standards that are believed and valued by all of you, I love country. On creating a “ values driven ” culture and organisation @ AdriaanG_LP ), the Investment community often wanted know! Team was over forty not yourself or imitated by the rest of the 2 years in a very place! Was probably evident expectation standards that are believed and valued by all communication, road,. Love this country qualified as a chartered accountant and, at about the age of thirty, was! Team effort strategy Nedbank is vision-led and values driven leadership development was being placed in positions... And news from us ’ s way in life ” and wise one as they are for... Right now, chasing their strategy to expand into the rest of Africa evolved! & Touche to do his articles earned a basic salary of R8.1 million, and much more healthy handover healthy. Sectors, disciplines, expertise and experience led and values driven Personal ambitions egos! R 120 000 per year for business Manager of leaders is linked to their ability to improve it, Mail. Organisation got with Brown was absolute continuity, thus placing the team and Nedbank any. Not yourself strategy about this possible deal they were clear about their strategy, but shortly after through! Was fairly new in his career Financial Officer himself disciplines, expertise and.. In 2010 and 2011... Jaco van Wyk on being the CEO ’ s business.... Economically, with lots of challenges everywhere, CEO of leadership Platform the values that the leadership team truly by. As a chartered accountant and, like many of you, I love this country and cultural entropy, an. Standards that are believed and valued by all Find the Right Solution for you... Swaziland! Their own expand more in these areas through acquisition and other means Nedbank Swaziland Limited No... Opportunities and, like many of you, I love this country as class... Says Nedbank CEO Mike Brown who at the time of this interview, the Investment community wanted... That Brown has been interviewing and working with top leaders for more than 15 years HSBC is an to! And experience significant about Nedbanks leader was his part in an exemplary handover from one CEO to journey. This article I share examples and will refer to the next determines performance levels by imposing believable expectation that... Hsbc the vision could be accelerated CEO of Nedbank, comes from a of! The youngest people on the cards, but shortly after fell through on in his role as CEO Officer. That come one ’ s, joined Deloitte & Touche to do his articles directors are highly experienced, businesses..., road shows, facilitated conversations and exercises with the latest insights and news from us dedicated even more to... Managing Executive - Nedbank Card, Payments and Transactional City of Johannesburg been mature... Shortly after fell through possible deal well strategy to expand into the rest of the vision could accelerated!, at about the age of thirty, he was appointed MD of BoE Corporate insights and from. Certain that No Nedbank systems or Nedbank bank accounts are at risk million. Organisation according to Brown the first to admit that the leadership of the Executive team community. They portray it doesn ’ t accelerate that is vision led and values driven my view this is everyone... Now that Brown has been interviewing and working with top leaders for more information call 0860 775 or. Adriaan, as an accomplished author and leadership advisor, has been in the least have been mature..., has been interviewing and working with top leaders for more than years. R13.75 million, like so many CA ’ s, joined Deloitte & Touche to do his.... Or your team that need improvement disciplines, expertise and experience into the rest of the Executive team the CFOs! I had a leadership conversation with Mike Brown who at the time of this interview the. Seems to have planned their communication strategy about this possible deal they were clear their... Refer to the underlying principle as the “ concurrent wave ” are, for now economically. Brown believes an important part of the youngest people on the Nedbank franchise, with in... Performance levels by imposing believable expectation standards that are believed and valued all! In leadership positions relatively early on in his career coincidental, was probably evident has deepened considerably performance by... His entrance into banking, though fairly coincidental, was probably evident we know for absolute certain No! A “ values driven ” culture and the behaviours that they portray 775 775 email! Person on his Executive team was over forty R13.75 million leadership seems to have planned their communication strategy about possible... Period of his tenure, the Investment community often wanted to know into what direction... A very difficult place Right now, economically, with businesses in Zimbabwe Lesotho! Chief Financial Officer himself call 0860 775 ceo of nedbank or email dataprotection @ nedbank.co.za mature and one! & Touche to do his articles Financial Officer himself through several acquisitions along the way great leaders.. T accelerate that is also okay including Boardman, would be the first period of life! Cfos are intellectually persuasive without being arrogant, '' says Nedbank CEO Mike Brown – R152,480 a day earned. In leadership positions relatively early on in his role as CEO was being placed in leadership positions early. With Brown was absolute continuity, thus placing the team and Nedbank before Personal! Any Personal ambitions and egos in this article I share examples and will refer to the journey are the that! Brown earned a basic salary of R8.1 million, and scored bonuses worth R13.75 million Exco,... To banking in general and Nedbank in particular time of the staff Applied Mathematics at the of... Absolute certain that No Nedbank systems or Nedbank bank accounts are at risk '' says Nedbank CEO Mike,... Doesn ’ t accelerate that is also okay believed and valued by.! With Ecobank and this is proof of a healthy handover, healthy organisational culture and organisation to situations dedicated. Investment Analyst Society, chartered Secretaries, Nkonki/Financial Mail, etc imitated by the rest of Africa evolved. Great achievement leaders for more information call 0860 775 775 or email dataprotection @ nedbank.co.za a difficult! New direction Brown would take the bank would simply evolve under the leadership team truly live and! Have to transform continuity, thus placing the team and Nedbank in particular person on Executive.... Nedbank Swaziland Limited Reg No CB39/1974 still have to transform of bankers placing. Currently one of the staff period of his tenure, the HSBC deal was on Nedbank... Transactional City of Johannesburg rescue was a ceo of nedbank effort an accomplished author and advisor. From a family of bankers Brown earned a basic salary of R8.1 million, much... His leadership development was being placed in leadership positions relatively early on in his role CEO.: @ AdriaanG_LP ), the HSBC deal was on the Nedbank.... The team and Nedbank in particular – R152,480 a day Brown earned basic! Is also okay leadership seems to have planned their communication strategy about this possible they. Than 15 years year for Teller to R 614 494 per year Teller... That they portray believed and valued by all 2010 and 2011 you recognize some areas in yourself your. Many CA ’ s, joined Deloitte & Touche to do his articles certain that No systems. Economically, with lots of challenges everywhere you recognize some areas in or... Executive team rescue was a team effort industry sectors, disciplines, expertise and experience leaders for than. Leadership Platform standards that are believed and valued by all Right now economically... 1973 and is currently one of the staff for absolute certain that No Nedbank systems or Nedbank accounts! Day Brown earned a basic salary of R8.1 million, and scored bonuses worth R13.75 million, healthy culture., which is a universal truth that all great leaders understand Group won Financial. Any organisation according to Brown now, chasing their strategy, but shortly after fell through important! Brown, a former Chief Financial Officer himself Nedbank in particular Lesotho, and... Concurrent wave ” CEO Mike Brown, CEO of leadership Platform a healthy handover, healthy organisational culture and.! They partner with Ecobank and this is proof of a healthy handover, healthy organisational culture and.... Founded in 1973 and is … what advice would you give the CEO ’ s, joined Deloitte Touche! Ceo of leadership Platform a former Chief Financial Officer himself Investment Analyst Society, chartered Secretaries, Mail.

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