Nhlanhla Nene appointed non-executive director of Grobank

Former South African Minister of Finance Mr Nhlanhla Musa Nene has been appointed a non-executive Director of Grobank Limited and GroCapital Holdings, effective 13 November 2019.

Mr Nene, who was awarded his BCom (Honours) from the University of the Western Cape, also holds a certificate in Micro and Macroeconomics from University of London, among a number of other academic and business achievements.

“I am delighted to join Grobank at the start of the journey to position the Bank as a specialised food and agricultural Bank. This priority sector can play a leading role in alleviating unemployment and contribute to food security in our country. I look forward to contribute to these lofty ambitions”, stated Mr Nene.

Says Grobank CEO Bennie van Rooy: “We are delighted to welcome someone of the calibre of Mr Nene to our team. He is a true South African that shares our vision of being obsessed with making a meaningful difference to all our stakeholders and we look forward to benefiting from his many years of experience in the financial and public sectors.”