Dr Terence Sibiya

Managing Executive - Rest of Africa and Subsidiaries

Dr Terence Sibiya

Managing Executive - Rest of Africa and Subsidiaries
Nedbank

Biography

Dr Sibiya was recently appointed as the Managing Executive for the Rest of Africa and Subsidiaries. He is responsible for leading and managing the Rest of Africa and subsidiary businesses to ensure that they grow and achieve the key strategic objectives of building scale, increase market share, as well share of contribution to the Group’s earnings and to generate returns in excess of the cost of equity.

Until recently, Terence was the Managing Executive of Client Coverage Nedbank Corporate and Investment Bank. This role entailed the delivery of a solid client value proposition on behalf of Nedbank to all of the bank’s major clients. He has been primarily responsible for developing and institutionalising the Client Value Management (“CVM”) & Relationship Management process for the entire wholesale bank, while running short term asset book of roughly R35bn. He has also been active in pursuing a culture of total collaboration between various clusters of the Nedbank Group with a clear focus on Corporate and Investment banking product cross sell and solutions driven Origination.

Prior to this, Terence was a Director and Head of Power, Infrastructure, Construction, Oil, Gas & Renewable Energy in the Corporate and Investment Banking (“CIB”) of the Standard Bank Group. As a Senior Banker responsible for this sector, his primary role was to develop and manage executive relationships with the top tier clients in this sector locally, regionally, across the African continent and globally, particularly in countries and emerging markets where Standard Bank/Stanbic is represented. In addition to this he also originated large transactions for Investment & Transactional Banking as well as Global Markets & Treasury Sales. Terence also sat on the CIB Coverage Exco and often presented top tier client coverage strategy to the banks Group Exco.

Before that, he was the Head of Global Markets Sales at Standard Bank Group’s Global Markets Division after having successfully run the Foreign Exchange Sales division for 3 years.

Earlier in his career at Standard Bank CIB he was a Manager in Corporate Finance then became a Director in the Equity Investments Division within CIB. As head of the Strategic Equity Investments team, his primary responsibility was Private Equity & Strategic BBBEE financing for the Corporate and Investment Bank. He also sat on the bank’s Transformation Steering Committee among others such as Credit and Business Development committees.

Alongside 200 young African leaders Terence is also an Archbishop Tutu Fellow alongside being an Aspen Global Leadership Network Fellow and board member of the African Leadership Institute (AfLI) that is built upon a passionate belief in the importance of good leadership and governance across the African continent, be it in business, government or civil society. A few years back Dr Sibiya also served as the US based Aurora Associates

International Inc.’s Executive Project Manager for the multi-million dollar USAID-funded ICT Networking and Connectivity Project. This project greatly impacted the South African governments’ ability to deliver obligatory services through ICT in four provinces across the country & neighbouring Swaziland and Namibia.

Dr Sibiya has published various articles on delivering Power & Infrastructure financing in Africa and the delivery of Capital Projects during times of adversity.

Qualifications: BSc, Information & Decision Systems (Carnegie Mellon University, USA), Masters and Doctorate, Instructional Systems Design & Information Technology (University of Pittsburgh, USA), Advanced Management Programme (Duke University, USA)