Reuel Khoza was appointed the non-executive Chairman of the Group and the Bank in August 2005. Reuel Khoza is Chairman of Aka Capital and Nepad Business Foundation. He is a non-executive director of Nampak Limited, Protea Group Limited and Old Mutual plc. He is President of the Institute of Directors and in this capacity served on the King II and King III Committees on corporate governance. He is a founding director of the Black Management Forum and the former Chairman of Eskom Holdings.

Nedbank Group Board committees:
Nedbank Group Directors’ Affairs Committee (Chairman).

Nedbank Group ordinary shares:
1 374 beneficial indirect.

Nedbank Limited preference shares: 0.

Chris Ball was appointed as independent non-executive director of the Bank and Group during November 2002 and as senior independent director in February 2007. Chris Ball was previously a non-executive director of BoE Limited and five of its subsidiary companies, including Century City Limited. He is currently a non-executive director of Imperial Bank Limited.

Nedbank Group Board committees:
Group Finance and Oversight Committee (Chairman), Group Audit Committee (Chairman), Group Remuneration Committee, Group Credit Committee, Nedbank Group Directors' Affairs Committee, Nedbank Group Risk and Capital Management Committee, Group Transformation and Sustainability Committee and Board Strategic and Innovation Management Committee.

Nedbank Group ordinary shares:
10 000 beneficial direct.

Nedbank Limited preference shares:
144 300 beneficial direct.

Tom Boardman was previously appointed Chief Executive of the Group and the Bank and was formerly the Chief Executive and an executive director of BoE. Past directorships include Boardmans and Sam Newman Limited as well as BoE International Holdings Limited and Northwind Investments (Pty) Limited. He is a non-executive director of Mutual & Federal Insurance Company Limited and the Banking Association, director of Vodacom Group (Pty) Ltd and the WWF South Africa (World Wide Fund for Nature).

Nedbank Group Board committees:
Large Exposures Approval Committee until 1 March 2010. With effect from 1 March 2010, Board Strategic and Innovation Management Committee and the Group Credit Committee.

Nedbank Group ordinary shares:
81 100 beneficial direct, 251 715 beneficial indirect.

Nedbank Limited preference shares:
85 000 beneficial indirect.

Mike Brown was previously the Chief Financial Officer of the Group and the Bank since June 2004. He was previously an executive director of BoE Limited, and after the merger between the Bank, BoE, NIB and CoGHB, he was appointed Head of Property Finance at the Bank.

Nedbank Group Board committees:
Large Exposures Approval Committee

Nedbank Group ordinary shares:
49 940 beneficial direct, 235 815 beneficial indirect.

Nedbank Limited preference shares:
0.

Wendy Lucas-Bull is a founder of empowerment investment company, Peotona Group Holdings. She was previously chief executive of FirstRand’s retail business and prior to that an executive director of Rand Merchant Bank. She is currently an independent non-executive director of Eskom, DBSA, Anglo Platinum and Dimension Data plc.

Nedbank Group Board committees:
Group Finance and Oversight Committee, Group Credit Committee (Chairman), Group Risk and Capital Management Committee, Directors’ Affairs Committee.

Nedbank Group ordinary shares:
0.

Nedbank Limited preference shares:
0.

Thenjiwe Chikane was appointed as director of the Bank and Group in November 2006.

Thenjiwe Chikane is a chartered accountant by profession. She was previously the Chief Executive Officer of MGO Consulting and the Head of the Gauteng Department of Finance and Economic Affairs. She is a board member of Datacentrix a listed company in information technology and a member of the Rice Africa Board. She was previously a non-executive director of the Development Bank of Southern Africa, Telkom, PetroSA and Chairperson of the State Information Technology Agency

Nedbank Group Board committees:
Group Audit Committee, Board Strategic Innovation Management Committee and Group Transformation & Sustainability Committee (Chairman), Directors’ Affairs Committee.

Nedbank Group ordinary shares:
92 213 beneficial indirect.

Nedbank Limited preference shares:
0.

Graham joined the group in 1980 in the Corporate Finance division of UAL Merchant Bank. He was appointed General Manager in 1987 and Joint Head of the Special Finance division in 1989. In 1992 he was transferred to Nedbank, initially in a general management strategy role, and in 1998 was appointed Head of the International division. He assumed responsibility for the Corporate Banking division in 1999 and was appointed Managing Director of Nedbank Corporate late in 2003. Graham was appointed as the Chief Operating Officer of the Nedbank Group in August 2009.

Nedbank Group ordinary shares:
11 881 beneficial direct and 169 584 beneficial indirect.

Nedbank Limited preference shares:
0.

Mustaq Enus-Brey was appointed as director of the Bank and Group in August 2005. He is also a director of Brimstone Investment Corporation Limited and Oceana Group Limited.

Nedbank Group Board committees:
Nedbank Group Risk and Capital Management Committee (Chairman), Nedbank Group Directors’ Affairs Committee, Group Credit Committee and Group Finance and Oversight Committee.

Nedbank Group ordinary shares:
2 076 beneficial indirect.

Nedbank Limited preference shares:
0.

Brian Figaji is Chairman of I&J Limited and MARIB Holdings. He is the former Principal and Vice-chancellor of the Peninsula Technikon. He is also a director of PetroSA, Cape Lime (Pty) Limited and the Development Bank of Southern Africa. He became a director of the Bank and Group in November 2002.

Nedbank Group Board committees:
Group Credit Committee, Group Directors’ Affairs Committee, Group Remuneration Committee (Chairman), Group Transformation and Sustainability Committee.

Nedbank Group ordinary shares:
121 879 beneficial indirect and 1 530 non-beneficial indirect.

Nedbank Limited preference shares:
0.

Don Hope was appointed Head of Strategy Development at Old Mutual plc in March 2009. He joined the Old Mutual Group as Group Treasurer in May 1999, with responsibility for developing the Group’s international treasury function. He was appointed to the role of Chief Executive Officer of Old Mutual (Bermuda) Limited in August 2008. Don was Chairman of the Intech Fiduciaries Ltd and the Old Mutual Australia Ltd boards until their sale from the Old Mutual Group, a role he assumed in November. Before joining the Old Mutual Group, don was Treasurer of Eagle Star Holdings plc, a subsidiary of B.A.T. Industries plc.

Nedbank Group Board committees:
Nedbank Group Risk and Capital Management Committee. With effect from 19 February 2010, the Group Remuneration Committee and the Group Finance and Oversight Committee.

Nedbank Group ordinary shares:
0.

Nedbank Limited preference shares:
0.

Alan Knott-Craig served as Managing Director of cellphone network operator Vodacom Limited from 1993 and was Chief Executive of Vodacom Group from 1996 until his retirement at the end of September 2008. Consultant to Vodacom. He is currently an independent non-executive director of Murray and Roberts Holdings Limited, a member of the Board of the Council for Scientific and Industrial Research, an independent non-executive director of Right to Care and a Governor of the Lebone II School.

Nedbank Group Board committees:
Board Strategic Innovation Management Committee (Chairman), Group Finance and Oversight Committee, Group Risk and Capital Management Committee, Directors Affairs Committee.

Nedbank Group ordinary shares:
0.

Nedbank Limited preference shares:
0.

Nomavuso Mnxasana is a director at Imperial Bank Limited and Land Bank Limited. A chartered accountant by profession, she was a senior partner and member of the executive committee of SizweNtsaluba. She then served as group audit and risk executive at Imperial Holdings Limited.

Nedbank Group Board committees:
Nedbank Group Audit Committee, Group Remuneration Committee, Group Risk and Capital Management Committee.

Nedbank Group ordinary shares:
49 572 beneficial indirect.

Nedbank Limited preference shares:
0.

Raisibe Morathi is the Chief Financial Officer of Nedbank Group and Nedbank Limited. She has 15 years experience in the financial services sector and has held senior positions in banking and insurance. She previously held several executive roles at the Industrial Development Corporation of South Africa Limited, the last position being Chief Operating Officer. Raisibe is a director of The Crop (Pty) Ltd, and a Trustee of Motheo Trust, Most recently she has been an executive director of a listed insurance company.

Nedbank Group Board committees:
Large Exposures Approval Committee.

Nedbank Group ordinary shares:
0.

Nedbank Limited preference shares:
0.

Julian Roberts was appointed Group Chief Executive of Old Mutual plc in September 2008. Prior to his appointment he was Chief Executive of the Group’s Skandia businesses. Julian originally joined Old Mutual plc as Group Finance Director in August 2000. Before joining Old Mutual Julian was Group Finance Director of Sun Life & Provincial Holdings plc (now part of AXA) and previously Chief Financial Officer of Aon UK Holdings Limited.

Nedbank Group Board committees:
Directors’ Affairs Committee.

Nedbank Group ordinary shares:
0.

Nedbank Limited preference shares:
0.

Gloria Serobe is the Chief Executive of Wipcapital Limited and also founder and executive director of Wiphold Limited. She was previously the Executive Director: Finance at Transnet. Gloria serves on several boards, including that of JSE Limited and sits on the Financial Sector Charter Council. She is also a non-executive director of Old Mutual Life Assurance Company (SA) Limited.. She was appointed as director of the Bank and Group in August 2005.

Nedbank Group Board committees:
Group Transformation and Sustainability Committee, Group Credit Committee

Nedbank Group ordinary shares:
1 296 beneficial indirect.

Nedbank Limited preference shares:
0.

Malcolm Wyman is an executive director and the Chief Financial Officer of SABMiller plc, a position he has held since 2001. He was previously executive director responsible for corporate finance and acquisitions.

Nedbank Group Board committees:
Group Audit Committee, Group Remuneration Committee (wef 1 March 2010).

Nedbank Group ordinary shares:
350 indirect non-beneficial holding.

Nedbank Limited preference shares:
0.