Michael William Thomas Brown Biography, Profile, Age, Salary & Net Worth
Michael William Thomas Brown (born 31 May 1966) is a businessman and the current Chief Executive of Nedbank Group. He has been in this position since March 2010.
| Full Name | Michael William Thomas Brown |
|---|---|
| Date of Birth | 31 May 1966 (age 55 years old) |
| Place of Birth | Harare, Zimbabwe |
| Gender | Male |
| Occupation | Chief Executive Officer |
| Nationality | South African |
| Net Worth | $10 million |
Michael William Thomas Brown Age
He was born on the 31st of May 1966 in Harare, Zimbabwe. As of 2021, he is 55 years old.
Career
Mike was appointed as Chief Financial Officer in June 2004 and as Chief Executive in March 2010. He is currently Chair of the Banking Association SA and Deputy Chair of Business Leadership South Africa.
He was previously an executive director of BoE Limited and, after the merger between Nedbank Limited, BoE Bank Limited, Nedcor Investment Bank Limited and Cape of Good Hope Bank Limited in 2003, he was appointed Head of Commercial Property Finance at Nedbank Limited.
Salary
Nedbank CEO Mike Brown has a total take-home package of R53 million for the year. This includes a guaranteed salary of R8.5 million, a cash bonus of the same amount, a short-term incentive payout of R16 million, and a long-term incentive (LTI) of R16.5 million ‘at face value’.
Net Worth
He has an estimated net worth of $10 million which he has earned as a businessman.
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