Investec sets course for next growth phase, says CEO Fani Titi

INVESTEC is entering a new phase of its growth journey, driven by a focused set of priorities that build on its well-established strengths while opening pathways for sustainable expansion, CEO Fani Titi said in the company’s annual report released on Monday.

- PHILIPPA LARKIN

Over the past six years, the group has executed a comprehensive strategy to simplify and focus the business. "We have executed this strategy with discipline, taking bold - and at times difficult - decisions. The outcome is reflected in a re-rated market valuation and a streamlined, well-capital-ised business poised for accelerated growth," said Titi.

Reflecting on this period of transformation, Titi expressed pride in the progress made despite persistent global challenges. The company delivered a structural improvement of 200 basis points (bps) in group returns, laying a solid foundation for future growth.

Looking ahead, Titi outlined a clear and executable plan to scale Investec’s existing client franchises and invest in targeted growth initiatives that strengthen its specialist capabilities. "We expect these strategies to collectively add a further 200 bps to group returns over the next five years, bringing us to the upper end of our revised medium-term target range," he added.

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