Nedbank looks to investment banking for growth under new CEO

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

Italia Notizia Notizia

As it seeks to take advantage of a surge of deals in renewable energy, water and logistics in Africa’s most developed economy.

South Africa’s Nedbank Group is hoping to hire more investment bankers as it seeks to take advantage of a surge of deals in renewable energy, water and logistics in Africa’s most developed economy.

“This infrastructure opportunity — be it renewable energy, logistics and water — we think is a multiyear growth path for our investment bank,” Brown said in the interview on Monday. “Ideally, that is where we would want to deploy capital.” The program has made South Africa a top destination for green-power investments across the continent. Since its inception, officials have conducted six bidding rounds to secure new forms of power supply, securing R200 billion for the construction of renewable energy, according to researchers at the University of the Witwatersrand in Johannesburg.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 5. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Nedbank CEO denies revenge motive in hiring Absa finance directorMike Brown, the outgoing CEO of Nedbank, denies that the hiring of Absa finance director Jason Quinn as his replacement was orchestrated as revenge against Absa.
Fonte: News24 - 🏆 4. / 80 Leggi di più »