Investec triumphs as SA's best private bank

For the fifth year in a row, Investec has been named the best private bank and wealth manager in South Africa at the Global Private Banking Awards in the UK.

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Henry Blumenthal, head of Investec Wealth & Investment South Africa, said the team was "humbled" by the win. He said:

"At the very heart of this award is a collaboration of our people, our international capabilities and our understanding of what truly matters to clients - further validation of our One Place philosophy. We exist to create, grow and preserve our clients' wealth through generations and, for us, we never stop being curious and remaining mentally flexible in an ever-changing landscape."

Yuri Bender, editor-in-chief of the Financial Times, which hosts the awards, said that, in the competitive South African wealth management market, what gives Investec the edge is its use of technology and data to enhance the client experience, while offering personal service in private banking and wealth management.