Nedbank Group

Nedbank Group plans to exercise option to purchase Ecobank Transnational Inc stake

Nedbank Group, headed by Chief Executive Officer Mike Brown, said it plans to use its option to acquire a stake in Togo-based Ecobank Transnational Inc valued at more than USD 500 million.

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Andrew Bates is head of Nedbank Group's Middle East private banking unit

The Nedbank Group appointed Andrew Bates as head of its Middle East private banking unit.

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