Finding a Chief Investment Officer, Managing Director and Non-Executive Director for Nedgroup Investments

Nedgroup Investments is a division of Nedbank Group Ltd, leveraging the investment and financial expertise of one of South Africa’s largest financial services groups.

Nedgroup Investments is an award-winning global investment business with an established presence in Africa and growing presence in Europe. Nedgroup Investments offers a wide range of investment solutions for retail and institutional investors. Nedgroup Investments has $25bn AUM of which Nedgroup Investments International has approx. $5.2billion in AUM.

SEARCH BACKGROUND

Having successfully secured a new Chief Investment Officer for Nedgroup’s International business in 2020, Beaumont Bailey has since been instructed on multiple strategic projects and searches including the appointment of a new Non-Executive Director with a distribution-led background to help support the build out of distribution across international markets. We have also supported the business with compensation benchmarking and leadership advisory work around succession planning, culminating in our most recent engagement to hire a new Managing Director to have executive responsibility for Nedgroup Investments International operations both in the Isle of Man and London and to ensure the strategic goals of the business are achieved.

REQUIREMENTS

The Managing Director position required us to fulfil two key criteria – firstly it was paramount for us to secure an individual with a strong background and track-record in driving commercial growth and distribution, and secondly someone who could play a broader strategic leadership role with oversight for both the investment and operations functions. Our Head of Investment has partnered with the firm for over 5 years and we look forward to continuing to work closely with Nedgroup during the next phase of expansion.

TESTIMONIAL

“Our business engaged Beaumont Bailey to source a high profile role within our London based international investment team. Beaumont Bailey’s approach was comprehensive with Amanda placing significant emphasis on gaining a meaningful understanding of our business, the role and the wider culture of our organisation.

The screening undertaken by BB was thorough and uncovered a depth of talented individuals which we would have been unlikely to access without BB expertise. The finalist candidate assessment conducted by Robin through the Assessio tool provided another layer of insight around key personality traits and behaviours and was instrumental in helping us make our final decision.

The service provided by Amanda and Robin was efficient, professional and the end result certainly reflected significant value to our business.
We will most certainly continue to engage BB for search, assessment and leadership development needs within the London market.”