JP Morgan bets big on Mpumi Madisa-led Bidvest with $241 million stake acquisition
The banking giant invested R4.42 billion ($241.29 million) to secure a 5.03 percent beneficial stake in Bidvest.
Bidvest
Bidvest to sell banking business to Access Bank for $157.2 million
Bidvest Group to sell its stake in Bidvest Bank Holdings to Access Bank for $157.2 million as part of its financial services simplification strategy.
Meet Mpumi Madisa: First Black woman to lead a top-40 South African company
Her journey to the helm of Bidvest is a testament to resilience, ambition, and a commitment to excellence.
South African executive Gillian McMahon earns $1.2 million from Bidvest in 2023
This reflects a substantial 50.75-percent increase compared to her compensation package of R15.08 million ($0.8 million) in the preceding year.
South African executive Mark Steyn pockets $1.5 million from Bidvest in 2023
Steyn’s 2023 compensation package is 52.85-percent higher than the previous year’s package of R18.38 million ($0.96 million).