Nedbank CEO Mike Brown on South Africa’s robust banking industry

15 min

In this episode of Daily Investor’s Smart Money, Alishia Seckam meets with Mike Brown to discuss his journey to becoming Nedbank CEO.

Brown’s career began in 1988 as an article clerk at Deloitte, where he was placed into a group that audited banks and other companies.

He then joined the Natal Building Society in 1993, which later merged with Boland Bank to become NBS Boland. This then merged with BoE in 1999.

The group was finally acquired by Nedbank and fully integrated into the organisation by 2004, which led to Brown becoming the Nedbank CFO in the same year.

In this episode of Smart Money, Brown shares what he is most proud of during his tenure as Nedbank CEO.

He then explains how traditional banks digitise their infrastructure to remain relevant and compete against rising fintech organisations.