Tom Boardman Speaks on Sustainability

May 18th, 2009

The outgoing Chief Executive of the Nedbank Group Tom Boardman visited Nedbank Lesotho on May 7th, for a round of annual staff Roadshows. The roadshows are critical in updating local staff of the current developments and outlook in the banking industry, key growth strategies for the bank in its key markets, and overall business performance.

In his address to the Board and staff, Mr. Boardman emphasized that in the current economic crisis, the Group has shown consistent growth, demonstrating that Nedbank remains world-class at managing risk and continues to stride purposefully towards its vision of being the most highly rated and respected bank among all its stakeholders.

He also highlighted some of the deep green aspirations from The Nedbank Dagwood, which encapsulates the strategic goals of the Group and its African operations, namely:
  • Great Place to Work
  • Great Place to Bank
  • Great Place to invest
  • Highly involved in the community and environment
Nedbank Lesotho was also graced with the presence of Mike Brown who is the current CFO of the Group. Brown will be taking over from Boardman as Chief Executive of the Group in February 2010. He assured the Nedbankers and the market that the appointment of Brown to Chief Executive has been carefully thought-out by the Board, having searched throughout South Africa and internationally for the right candidate; making for effective succession and continuity for the business and its shareholders.
Foreign Exchange Rates: May 20, 2012 Loti/$  8.34 Loti/£  13.14 Loti/€  10.56
 Nedbank Lesotho Limited Reg. No 92/191. Nedbank Lesotho is a member of the Old Mutual Group.