NEDBANK CAPITAl - Nedbank Group Limited

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5 BursariesTitleTotalintake2009 2008 2007TotalblackTotalintakeTotalblackTotalintakeInhouse bursaries 665 496 949 710 1574 1081External bursaries 384 359 465 445Total 1 049 855 1 414 1 155 1 574 1 081Black bursars as a percentage of total 82% 82% 69%Totalblack6 Study grants/Education Assistance FundTitleTotalintake2009 2008 2007TotalblackTotalintakeTotalblackTotalintakeStudy grants (taxable at marginal tax rate and for childrenof staffmembers attending university) 283 143 305 147 297 147Education Assistance Fund (applicable to staffmemberswhose taxable remuneration is R100 000 or less for theirchildren who attend school from Grade 1 through toGrade 12) 876 751 227 211 692 499Total 1159 894 532 358 989 646Black people as a percentage of total 77% 67% 65%Note:There are 15 retired staffmembers who received study grants and have been included in the total number; however, demographicinformation is not available for these pensioners.TotalblackGROUP REPORTSOPERATIONAL REVIEWSGOVERNANCEOVERVIEW121NEDBANK GROUP ANNUAL REPORT 2009
OPERATIONAL REVIEWbalance sheetmanagementDuring 2009 Trevor was appointed to the Group Executive Committee.As Group Executive of Balance Sheet Management (BSM), he directsthe group’s portfolio risk management, liquidity and funding, assetand liability management (ALM), capital management and risk-basedfinancial performance measurement.Trevor Adams (47)Group Managing Executive:Balance Sheet ManagementA highlight in 2008 and 2009 has been the significant strengthening ofthe group’s capital ratios under Trevor’s leadership.Trevor was a partner at Deloitte & Touche before joining the bankingindustry in 1996, starting with NBS, BoE and ultimately Nedbank Group.122NEDBANK GROUP ANNUAL REPORT 2009
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NEDBANK CAPITAl - Nedbank Group Limited

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