Anél Bosman, Nedbank Group’s managing executive for Corporate and Investment Banking (CIB), has sold 52,500 ordinary shares in the South African banking group in an on-market transaction valued at R15.81 million (nearly $1 million).

The transaction, disclosed on November 9, 2026, involving the sale of shares held through a direct beneficial interest, comes as NCBA group restructure its board and corporate governance leadership following the transfer of 1.087 billion NCBA shares to Nedbank through a block trade on the Nairobi Securities Exchange (NSE). Nedbank’s prescribed-officer dealing notice showed that the transaction was executed on November 5 at an average price of R301.07 per share.

The shares were sold at prices ranging from R299 to R303.25, with the transaction’s total value reaching R15,806,235.05. Bosman obtained clearance to deal before completing the sale, according to the disclosure issued in Sandton.

The transaction reported under the Johannesburg Stock Exchange’s Listings Requirements, which govern dealings in securities by directors and prescribed officers, came a few days after Anél Bosman and Michael Howard Davis were appointed as non-executive directors of NCBA.

Bosman holds senior leadership position at Nedbank

Anel Bosman serves as Group Managing Executive for Nedbank Corporate and Investment Banking and is a member of the group’s executive committee. She has spent 24 years at the financial institution, building a career across trading, risk management, strategy and corporate and investment banking leadership.

Her academic qualifications include a Bachelor of Commerce in Econometrics with honours, awarded cum laude by the University of Johannesburg, a Master of Philosophy in Economics from the University of Cambridge and the Advanced Management Program at Harvard University in the United States.

From trading to corporate and investment banking leadership

Bosman began her career at Nedbank as a trader before becoming head of risk at Nedbank Capital, a position she held from 2005 to 2010.

Following a brief period as chief financial officer and head of strategy for Nedbank Capital, she was appointed chief operating officer of the cluster in 2011, expanding her responsibilities beyond risk and financial management.

In 2015, she became managing executive of Nedbank Corporate and Investment Banking Markets, overseeing the bank’s trading activities and wholesale funding operations.

Her responsibilities subsequently expanded to cover the broader Corporate and Investment Banking business, culminating in her appointment as Group Managing Executive.

Joined Nedbank Group executive committee in 2020

Bosman joined Nedbank Group’s executive committee on April 1, 2020, placing her among the senior executives responsible for the bank’s strategic and operational leadership.

Her appointment to NCBA’s board alongside Davis forms part of the governance developments accompanying Nedbank’s increased ownership position in the Kenyan financial services group.