Nedbank: Raisibe Morathi

Raisibe Mortahi has been the Chief Financial Officer of Nedbank since 1 September 2009.

Interview: 10 Questions to Raisibe Morathi.

Raisibe Mortahi has held senior positions in banking and insurance for the past 19 years. Before joining Nedbank Group she was an executive director and CEO of Santam Ltd. She previously held several executive positions at the Industrial Development Corporation of South Africa Limited, her last position being Chief Operating Officer. She has worked in various finance positions for HSBC, African Merchant Bank, Pikitup and Prilla amongst others. Raisibe was appointed Chief Financial Officer of Nedbank in September 2009. She has a B.Com from the University of Venda.

Raisibe will be stepping down as Nedbank CFO at the end of October to join Vodacom as its new CFO.

Work
2009 – 2020         Chief Financial Officer, Executive Director, International Finance                                  Director, Nedbank
2008 – 2009         Chief Executive Officer, Group Services, Sanlam Ltd
2006 – Present    Ambassador, Absip Women in Focus
2006 – 2009         Independent Non-Executive  Director, Sanlam Ltd
2006 – 2009         Non-Executive Director, Santam Ltd
2004 – 2006         Non-Executive Director, Strate Ltd
2003 – 2005         Non-Executive Director, Incwala Resources (Pty) Ltd
2002 – 2004         Board Member, SAICA
2000 – 2004         Chair, Msele Nedventures (Pty) Ltd
2000 – 2002         Director, WBS (Pty) Ltd
2000 – 2004         Chair, Prilla 2002 (Pty) Ltd
2000 – 2001         Director, Pikitup (Pty) Ltd
2000 – 2004         Chair, Safyr Ltd
1999 – 2000         Private Equity Manager, Equities: African Merchant Bank
1998 – 1998         Corporate Finance Executive, African Merchant Bank
1996 – 1998         Corporate Finance Executive, HSBC Investment Bank 
1994 – 1996         Structured Finance Consultant, Nedbank Group Ltd
1991 – 1994         Trainee Accountant, Fisher Hoffman PKF 

Education
                                Advanced Management Programme, INSEAD Graduate                                                Business School
                                Certificate, Corporate Governance, UJ
                                Higher Diploma, Tax, WITS
                                B.Com, University of Venda

About Nedbank: Nedbank Group is one of South Africa’s four largest banks, with Nedbank Ltd as their principal banking subsidiary. Their ordinary shares have been listed on JSE Ltd since 1969 and on the Namibian Stock Exchange since 2007. They are a JSE Top 40 company with a market capitalisation of R93 billion as at 31 December 2016. Old Mutual plc is their majority shareholder and has 54,6% ownership of Nedbank Group. They offer a wide range of wholesale and retail banking services, and a growing insurance, asset management and wealth management offering. Nedbank had 32 349 employees in 2017.