Our Stakeholder Engagement

While all Nedbank business units, clusters, divisions and employees embrace the role they have to ensure effective and mutually beneficial stakeholder relationships, ultimate responsibility for the effectiveness of our stakeholder engagements rests with the Nedbank Group Exco. 

Nedbank Group advocates an inclusive approach to stakeholder engagement in line with the King IV™ Reporton Corporate Governance (King IV™). In the execution ofits duties Nedbank undertakes to ensure that the legitimate and reasonable needs, interests and expectations of all material stakeholders are considered.

Nedbank shares the view that the quality of its stakeholder relationships is the ultimate construct that should determine the overall sustainability of the enterprise. Accordingly, King IV™ has placed stakeholder relationship as the ultimate measure of impact and charged company boards with the responsibility tomeasure the quality thereof. To ensure consistency and protect the Nedbank brand, stakeholder engagement is informed and governed by a comprehensive stakeholder policy and a supporting engagement framework. The Group Operational Committee monitors compliance with this policy and structure.

Our primary stakeholders

• Employees
  
• Clients
• Shareholders
• Regulators
• Society
• Unions
• Suppliers
• Government
• Media
• Industry bodies