Mteto Nyati has been appointed as an independent non-executive director and Nedbank’s IT Committee member. His appointment is effective from 1 October 2022.
Investors were advised by Nedbank that Nyati’s appointment followed the group’s guidelines for the selection and appointment of directors.
Mteto serves as Telkom’s non-executive director and the chairman of Wazo Investments.
In 2004, he was selected as a Yale University World Fellow on Global Leadership.
“Mteto will strengthen the Boards’ ICT, digital, commercial, and strategic competence; we look forward to his participation,” said Mpho Makwana, chairman of the Nedbank Group, in welcoming Mteto to the Boards.