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Business Talk – In conversation with Investec Bank’s Richard Wainwright

Richard Wainwright is the chief executive officer of Investec Bank Limited and currently the Chairman of the Banking Association of South Africa (BASA).

Wainwright has served as CEO of Investec Bank Limited since February 2016. His role, he says, focuses on building Investec’s core businesses and delivering the right outcomes for the group’s clients and stakeholders. Leadership and talent development is high on his list of priorities.

He has served the Investec Group for more than 25 years in various roles, including head of Investec Corporate and Institutional Banking, and head of Financial Products, among others.

Wainwright is a chartered accountant, having studied at the University of Cape Town.

In this episode of Business Talk with Michael Avery, he says the opportunity that the Covid-19 pandemic has provided is the investment that has gone into technology in South Africa

He says that the challenge for the country is how we use this technology to leapfrog service delivery to the masses.

Wainwright a big proponent of education and technology, saying that the private sector will need to engage closely with the government to scale technological development into the public sector – whether it is healthcare or education.

He talks Michael through the pros and challenges of working from home versus being in the office – touching on the fibre space in the country, following Investec’s recent financial commitment towards telecommunications and ICT specialist Vox, to allow it to ramp up its deployment of fibre broadband infrastructure in South Africa.

The full interview is embedded below. You can find all the Business Talk with Michael Avery interviews here.

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