2009 Annual report - Nedbank Group Limited

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N E D N A M I B I AH O L D I N G SA Review of Business and Corporate Market Activity30
Left To Right: Nedbank Namibia Private Banking Team,Freddie Elifas; Michellene Mouton; Christo Kruger;Max Kamaundju; Freda van Wyk and Dale Dennis.a businessmotivatedby peoplewho thrive‘We work welltogether and that’sbecause we’ve alltaken the time tounderstand ourbusiness, our clientsand their needs.That’s how youcan start to see howto create solutions– solutions ofmutual benefit.’Comprising a team of nine members, thePrivate Banking unit performed exceptionallywell in 2009, notwithstanding the challengingeconomic situation and a highly competitiveenvironment. This team captured an incredible5.3% of the Namibian private banking market in2009, resulting in asset targets being exceededby 38%, and several records being set. Thebusiness’ unique product offering combinedwith the passion and enthusiasm of the teammembers resulted in a 95% gain of new PrivateBanking clients from competitive banks.31
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2009 Annual report - Nedbank Group Limited

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