Sizwe Nxedlana
FNB and RMB Private Bank have been awarded nine accolades in private banking, investing and digital services across South Africa and broader Africa at the 2023 Global Private Banking Awards hosted by Euromoney.
The accolades demonstrate the financial institutions’ leadership in private banking and their commitment to delivering value to clients through their diverse range of market-leading value propositions.
RMB Private Bank won two awards for the Best Bank for Ultra High Net Worth Individuals and Best bank for ESG Investing in South Africa. FNB won five awards, namely Africa’s Best Bank for High-Net-Worth Individuals in Botswana and Namibia as well as Africa's Best bank for Digital, Discretionary Portfolio Management, ESG Investing, Investment Research and Wealth Transfer/Succession Planning.
Sizwe Nxedlana, CEO of FNB Private segment says, “We are honoured to be recognised by a global awards programme such as Euromoney for our private banking and investment offering. These awards recognise our efforts to offer the best private banking and investment solutions to our clients, underpinned by our advice-led approach. Our commitment to helping customers throughout their money management journey and ensuring that investment solutions are accessible to all, has received an overwhelmingly positive response from our customers. Throughout our process we have modernised our approach to ensure that we offer a seamless and holistic solutions that is accessible to clients across both convenient digital channels and private advisors.”
“Over the years we’ve cemented our position as a leader within the wealth and investments space, through the introduction of a series of investment capabilities and products that provides easy, convenient, and affordable investment solutions to our customers. This together with the support of our private advisors who support and guide customers through their financial planning and wealth management journey has been the key drivers of our success. In addition, our accomplishments are also due to our ability to leverage big data, modern technologies to deliver contextual solutions in both assisted and unassisted channels and also understanding our clients short-term and long-term needs.” adds Nxedlana.
For 20 years, Euromoney has been recognising the best in private banking and wealth management across the globe through the Private Banking and Wealth Management Survey. The 2023 awards celebrate the achievements of the world’s leading private banking and wealth management institutions in client service, product development and commitment to the sector.
This year Euromoney received a record number of submissions from banks in their regional and country awards programme that covers more than 50 regional awards and best bank awards in 100 countries. Country winners are based on their in-house research and editorial teams. Regional and global winners were first judged and scored by an external judging panel before being confirmed by our editorial team.
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