Mike Davis Appointed CFO for Nedbank

Nedbank has appointed Mike Davis as Group Chief Financial Officer. Mike previously served as Group Executive of Balance Sheet Management. He is also a Member of the Group Executive Committee. Mike succeeds Raisibe Morathi, who recently announced her resignation as Chief Financial Officer and Board Member.

Nedbank Group is a financial services group based in Sandton, South Africa, offering wholesale and retail banking services, as well as insurance, asset management, and wealth management. Nedbank posted $7.6 billion in sales and employs about 29,000 people.