One of the wealthiest CEOs in SA, Investec CEO Stephen Koseff says the board must decide when he should step down. But though he believes the company culture is so well embedded that the bank will survive without him, letting go won’t be easy. On the other hand some think Investec has become stale and that now, in the wake of its successful cleanup, would be a good time to name a new CEO. Koseff remains, at least for now, the larger-than-life leader of Investec with no obvious successor waiting in the wings. He is himself “embedded” in a way that will make it difficult to hand over to Investec’s next leader.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.