Rob Leith has been announced by Nedbank Group and Nedbank Limited, the majority-owned South African banking subsidiary of Old Mutual plc, as a non-executive director in the group.
The appointment of Rob Leith was conveyed in a statement by the Nedbank Group, the company said:
‘The boards of Nedbank Group and Nedbank (‘the Companies’) are pleased to announce the appointment of Mr Rob Leith as a non-executive director of the Companies with effect from 13 October 2016.
Mr Leith was appointed as the Director of Managed Separation at Old Mutual plc (Nedbank Group’s ultimate holding company) on 14 March 2016. He joined Old Mutual from a private investment company where he had been since September 2014. Prior to that, he was Global Head of Investment Banking and Global Markets of Sberbank CIB. He joined Sberbank CIB in January 2012 from Standard Bank, where he had served for over 20 years in the UK, latterly as Head of Group Strategic Development and Chief Executive of Global Corporate and Investment Banking.
Mr Vassi Naidoo, Nedbank Group Chairman, welcomed Mr Leith and said: ‘The Nedbank Group Board will benefit greatly from Rob’s banking expertise and his understanding of the wider financial services industry in Africa.’
Old Mutual is present in Nigeria providing insurance and investment services in Nigeria.
