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Nedbank has appointed Fikile Nkosi to act in the position of Managing Director, following Dlamini’s resignation. Nkosi is the institution’s Chief Financial Officer (CFO). Nkosi said she was humbled by the appointment, yet ready for the challenges that come with the responsibility she has been given.  “I am ready for the challenge. Nedbank has a very great team, and with such in place, I believe that will ease the work for me.”  She is determined not to disappoint the bank’s clients, staff and shareholders and all those who appointed her to act in such a huge position.

“Nedbank’s business model is to bring service closer to the people, and my mission is to keep that spirit going”.  Dlamini has appealed for support for Nkosi – in the same manner that he received while heading the institution. He said with the best leadership that Nedbank had, the best times were still to come.  Acting PM Themba Masuku said to ensure Nedbank’s vision did not die; the staff should not withdraw its support for the new person to take over.