Alfred Ramosedi FCMA: managing director, Nedbank Private Bank.

Financial Management (UK)Nbr. 2008, April 2008

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Alfred Ramosedi FCMA: managing director, Nedbank Private Bank.

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Tell us about your business.

Nedbank is South Africa's fourth-largest bank and I'm managing director of its private bank, which is a fully integrated business with its own P&L, balance sheet, sales targets and so on. We have 15 branches, known as suites, around the country, largely in metropolitan areas. Every month we lend about RS25m (60m [pounds sterling]) in mortgages, R50m in car loans and R10m in overdrafts. We take in inves...

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