Nedbank hires MTN’s former tech chief as group CIO

Nedbank has appointed Nikos Angelopoulos, previously MTN Group’s group CIO, to the identical function on the financial institution, which has been and not using a everlasting expertise chief because the finish of January.

Angelopoulos begins on 1 September and joins the group government committee. He ran expertise at MTN from July 2018 till March 2026, in keeping with his LinkedIn profile, accountable for IT technique, funding, supply and governance throughout what Nedbank described as 16 markets serving greater than 300 million prospects. That leaves a five-month break between the 2 jobs.

The appointment closes an unusually lengthy search. Ray Naicker resigned as Nedbank’s group CIO with impact from 31 January, after almost three years within the job and greater than twenty years on the financial institution. He resurfaced in April because the incoming CIO of BSP Monetary Group, the biggest financial institution in Papua New Guinea and the South Pacific, a submit he’s anticipated to take up this quarter topic to regulatory approval.

Naicker had succeeded Fred Swanepoel, who ran Nedbank’s expertise from November 2008 till his retirement in mid-2023, and who oversaw the financial institution’s migration to Microsoft’s cloud and the launch of the Avo tremendous app. Angelopoulos is simply the third particular person to carry the job in nearly 18 years — and the one one of many three to reach from outdoors banking.

His profession has been in-built telecommunications and consulting. He spent almost 15 years at Accenture in London, rising from analyst to companion and specialising in digital tv, cable operators and interactive providers.

He then moved to Vodafone, serving as CIO in Greece — the place he was concurrently the operator’s knowledge privateness director — earlier than changing into regional CIO in Milan with duty for Italy, Greece, Romania, Albania and Malta. A shorter spell adopted as government vp for IT and product engineering at UAE operator du, in Dubai, earlier than he joined MTN.

Training

He holds an government MBA with distinction from London Enterprise College, an MSc in digital communications and sign processing from Imperial Faculty London, and a BSc in physics from the College of Athens. In April 2024, he accomplished Stanford Graduate College of Enterprise’s government programme on AI in enterprise.

Learn: Former Nedbank CIO heads to the South Pacific

Nedbank CEO Jason Quinn, the remainder of the group government committee and the Nedbank board “prolong a heat welcome” to Angelopoulos, the financial institution stated in a press release to shareholders on Friday.  — © 2026 NewsCentral Media