Investec Group Executive and Leadership Team

June, 2026

Leadership Overview

Investec Group has 10 executives leading key functions including finance, technology, operations, and information systems.

Driven by a commitment to client success, Investec Group provides a comprehensive suite of financial products and services, fostering growth and stability across Europe, Southern Africa, and Asia-Pacific through strategic leadership and operational excellence.

Leadership Roles at Investec Group

  • Chief Financial Officer - Steve Narov
  • Chief Financial Officer, Investec Commercial Banking - Kim Heydenrych
  • Chief Operating Officer - Stuart Spencer
  • Chief Operating Officer - Corporate and Institutional Banking SA - Fanie Fourie
  • Chief Operating Officer Private Bank - Cosmas Runyowa
  • Chief Operating Officer, Investment Banking - Hlumela Xozwa
  • Chief Operating Officer, Investec Business & Commercial Banking - Kerry Schmidt
  • Chief Technology Officer - Satish Kamath
  • Chief Information Officer - Simon Wilson
  • Chief Information Officer, W&I SA - Kerusha Kanjee
  • Steve Narov - Chief Financial Officer

    Steve Narov, the Chief Financial Officer at Investec Group, directs the financial strategy and fiscal operations for the entire organization. Overseeing all financial planning, risk management, and reporting functions, Narov ensures robust financial health and compliance across Investec's diverse business units. This leadership role involves managing capital allocation, optimizing investment portfolios, and driving profitability through meticulous financial oversight. By analyzing market trends and economic indicators, Steve Narov guides the group's financial resilience and strategic growth initiatives. The Chief Financial Officer's responsibilities extend to maintaining strong relationships with investors and financial institutions, securing the capital necessary for expansion and operational efficiency. Narov's expertise is critical in navigating complex financial landscapes and ensuring sustainable value creation for stakeholders.

    Kim Heydenrych - Chief Financial Officer, Investec Commercial Banking

    Kim Heydenrych, the Chief Financial Officer, Investec Commercial Banking at Investec Group, manages the financial health and strategic fiscal planning for the Commercial Banking division. Heydenrych oversees all financial operations, including budgeting, forecasting, and financial reporting, ensuring alignment with the division's growth objectives. This critical role involves analyzing financial performance, identifying opportunities for revenue enhancement, and managing financial risks specific to commercial banking activities. By providing expert financial guidance, Kim Heydenrych supports the division's ability to serve its business clients effectively across its operational regions. The Chief Financial Officer's responsibilities extend to capital management and ensuring the financial sustainability of Investec Commercial Banking. Heydenrych's financial acumen is essential for driving profitability and strategic decision-making within the division.
    Kim Heydenrych

    Stuart Spencer - Chief Operating Officer

    Stuart Spencer, the Chief Operating Officer at Investec Group, manages the day-to-day operational functions and drives efficiency across the organization. Spencer oversees the execution of business strategies, ensuring seamless integration of services and optimal performance of operational departments. This leadership position involves streamlining processes, enhancing service delivery, and managing resources effectively to meet client demands in Europe, Southern Africa, and Asia-Pacific. By focusing on operational excellence, Stuart Spencer ensures that Investec's business model operates with maximum effectiveness and minimal friction. The Chief Operating Officer's responsibilities include overseeing risk mitigation strategies within operations and implementing best practices to maintain high standards of service quality. Spencer's strategic oversight is crucial for supporting the group's growth and maintaining its reputation for reliability.

    Fanie Fourie - Chief Operating Officer - Corporate and Institutional Banking SA

    Fanie Fourie, the Chief Operating Officer - Corporate and Institutional Banking SA at Investec Group, spearheads operational strategy and execution specifically for the South African corporate and institutional banking division. Fourie manages the intricate operational frameworks that support complex financial transactions and client services within this key market. This leadership role involves optimizing workflows, enhancing service delivery, and ensuring regulatory compliance for corporate clients. By driving operational efficiency, Fanie Fourie directly contributes to the division's profitability and market position in South Africa. The Chief Operating Officer's responsibilities include overseeing risk management within the operational sphere and implementing process improvements to support business growth. Fourie's deep understanding of the South African financial landscape is vital for the division's success.

    Cosmas Runyowa - Chief Operating Officer Private Bank

    Cosmas Runyowa, the Chief Operating Officer Private Bank at Investec Group, directs the operational framework for the Private Bank division, ensuring seamless service delivery to high-net-worth clients. Runyowa manages the intricate processes and systems that support wealth management, investment advisory, and banking services tailored for private clients. This leadership position focuses on enhancing client experience through operational excellence and efficient resource allocation. By streamlining operations, Cosmas Runyowa ensures that the Private Bank meets the sophisticated needs of its clientele across Investec's operational geographies. The Chief Operating Officer's role involves implementing robust risk management protocols and driving continuous improvement initiatives within the division. Runyowa's strategic oversight is critical for maintaining the high standards of service expected by private banking clients.

    Hlumela Xozwa - Chief Operating Officer, Investment Banking

    Hlumela Xozwa, the Chief Operating Officer, Investment Banking at Investec Group, directs the operational framework and execution for the Investment Banking division. Xozwa manages the complex processes and systems that support deal origination, execution, and client relationship management within this specialized sector. This leadership position focuses on optimizing operational workflows, ensuring regulatory compliance, and enhancing service delivery to corporate clients engaged in significant financial transactions. By driving operational excellence, Hlumela Xozwa contributes to the division's ability to deliver strategic financial solutions and maintain its market standing. The Chief Operating Officer's responsibilities include overseeing risk management within operations and implementing process enhancements to support business objectives. Xozwa's strategic oversight is crucial for the efficient functioning of Investec's Investment Banking operations.
    Hlumela Xozwa

    Kerry Schmidt - Chief Operating Officer, Investec Business & Commercial Banking

    Kerry Schmidt, the Chief Operating Officer, Investec Business & Commercial Banking at Investec Group, oversees the operational strategy and execution for the Business & Commercial Banking segments. Schmidt manages the intricate operational frameworks that support a diverse range of business clients, ensuring efficient service delivery and robust risk management. This leadership role involves streamlining processes, enhancing client onboarding, and optimizing resource allocation to drive growth and profitability within these key banking areas. By focusing on operational excellence, Kerry Schmidt ensures that Investec's business and commercial banking operations function seamlessly across its service regions. The Chief Operating Officer's responsibilities include implementing best practices for operational efficiency and ensuring compliance with financial regulations. Schmidt's strategic direction is vital for supporting the division's client-centric approach and market expansion.
    Kerry Schmidt

    Satish Kamath - Chief Technology Officer

    Satish Kamath, the Chief Technology Officer at Investec Group, architects and executes the overarching technology vision and strategy. Kamath oversees the development and implementation of innovative technological solutions that support Investec's global banking and wealth management operations. This includes driving digital transformation initiatives, enhancing cybersecurity measures, and ensuring the scalability and reliability of all IT infrastructure across Europe, Southern Africa, and Asia-Pacific. By fostering a culture of technological advancement, Satish Kamath ensures Investec remains at the forefront of financial technology. The Chief Technology Officer's role is pivotal in leveraging data analytics and artificial intelligence to improve client experiences and operational efficiencies. Kamath's leadership ensures that technology serves as a core enabler of Investec's strategic objectives and market competitiveness.

    Simon Wilson - Chief Information Officer

    Simon Wilson, the Chief Information Officer at Investec Group, directs the information systems strategy and management for the organization. Wilson is responsible for overseeing the infrastructure, applications, and data management systems that underpin Investec's financial services. This role involves ensuring the security, integrity, and accessibility of critical information assets across all operational regions. By aligning IT capabilities with business objectives, Simon Wilson supports the delivery of advanced financial products and wealth management services. The Chief Information Officer's focus includes driving innovation in information technology to enhance client engagement and internal productivity. Wilson's leadership ensures that Investec's technological backbone is robust, secure, and capable of supporting future growth and evolving market demands.

    Kerusha Kanjee - Chief Information Officer, W&I SA

    Kerusha Kanjee, the Chief Information Officer, W&I SA at Investec Group, leads the information technology strategy and operations for the Wealth & Investment division in South Africa. Kanjee is responsible for the development and implementation of IT solutions that enhance client services and operational efficiency within this specific business unit. This role involves managing IT infrastructure, ensuring data security, and driving digital innovation to meet the evolving needs of wealth and investment clients. By aligning technology with business goals, Kerusha Kanjee supports the growth and competitive positioning of W&I SA. The Chief Information Officer's focus includes overseeing system upgrades, managing IT projects, and ensuring robust cybersecurity measures are in place. Kanjee's leadership ensures that W&I SA leverages technology effectively to deliver superior client outcomes.

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    Frequently Asked Questions Regarding Investec Group Top Executives and Leadership Team

    Who leads Investec Group?
    Investec Group is led by Steve Narov (Chief Financial Officer), along with executives such as Kim Heydenrych (Chief Financial Officer, Investec Commercial Banking) and Stuart Spencer (Chief Operating Officer).
    Who is part of Investec Group’s executive team?
    The executive team of Investec Group includes leaders such as Steve Narov (Chief Financial Officer), Kim Heydenrych (Chief Financial Officer, Investec Commercial Banking), Stuart Spencer (Chief Operating Officer) and other senior executives.
    How many executives does Investec Group have?
    Investec Group has 10 executives leading key business areas.
    What roles are included in Investec Group’s leadership team?
    The leadership team of Investec Group includes roles such as Chief Financial Officer, Chief Financial Officer, Investec Commercial Banking, Chief Operating Officer, Chief Operating Officer - Corporate and Institutional Banking SA, Chief Operating Officer Private Bank.