NEDBANK GROUP LIMITED - Nedbank Group Executive Leadership Changes Appointment of Managing Executive, Business and Commercial Banking

Nedbank Group Executive Leadership Changes – Appointment of Managing Executive, Business and Commercial Banking

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
A2X share code: NED
ISIN: ZAE000004875
JSE alpha code: NEDI
(Nedbank Group)

NEDBANK GROUP EXECUTIVE LEADERSHIP CHANGES – APPOINTMENT OF MANAGING EXECUTIVE, BUSINESS AND COMMERCIAL BANKING

Nedbank Group is pleased to announce the appointment of Andiswa Bata (41) as Managing
Executive of Nedbank Business and Commercial Banking (BCB), subject to regulatory
approval. Andiswa's appointment follows the strategic reorganization of Retail and Business
Banking and Nedbank Wealth and the resultant creation of the BCB cluster that will cover the
spectrum of SME, Commercial and Mid-corp clients.

Andiswa is a seasoned banker with 18 years of banking experience across business and
investment banking. Her career reflects a deep commitment to driving both performance and
purpose, with a particular focus on advancing financial inclusion and supporting the growth of
Small and Medium Enterprises (SMEs).

She began her career in investment banking, holding various roles at Absa Capital and
Standard Bank CIB, spanning across debt structuring, syndication & distribution, and global
markets. Since joining FNB in 2018, Andiswa has held several strategic leadership roles,
culminating in the position of the CEO of FNB Business segment.

Andiswa holds a Bachelor of Business Science from the University of Cape Town.

Jason Quinn, Chief Executive, and the rest of the Group Exco and the Nedbank Board extend
a warm welcome to Andiswa and look forward to working with her.


Sandton

9 July 2025

Sponsors to Nedbank Group in South Africa:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd

Date: 09-07-2025 12:30:00
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