lse invp industry financial services founded johannesburg 1974 ; 42 years ago 1974 headquarters london united kingdom sandton south africa key people hugh herman chairman stephen koseff ceo bernard kantor md products private banking capital markets investment banking asset management property activities wealth management investment management revenue 1 790.9 million 2015 1 operating income 485.0 million 2015 1 net income 245.5 million 2015 1 subsidiaries investec plc on lse list investec asset management ltd investec bank plc investec bank australia ltd kensington group plc investec wealth and investment ltd leasedirect finance ltd investec limited on jse list investec bank ltd investec bank mauritius ltd investec securities ltd investec asset management holdings pty ltd investec property ltd investec bank switzerland ag ibsag website www.investec.com investec is an international specialist banking and asset management group . it provides a range of financial products and services to a client base in three principal markets the united kingdom south africa and australia . 2 investec is dual listed 3 on the london stock exchange 4 and the johannesburg stock exchange . 5 investec is a ftse 250 company . 6 investec s south african headquarters are at 100 grayston drive sandown sandton . investec s uk headquarters are at 2 gresham street in central london . investec s irish headquarters are at the harcourt building harcourt street in dublin . contents 1 history 2 operations 3 products and divisional structure 4 legal structure 5 empowerment in south africa 6 sponsorships 6.1 cricket 6.2 rugby 6.3 horse racing 6.4 football 6.5 promaths 6.6 other 7 awards 8 references 9 external links history edit investec was founded as a small leasing and financing company in 1974 in johannesburg by larry nestadt errol grolman and ian kantor . it has expanded through a combination of organic growth and strategic acquisitions . 7 it secured a banking licence in 1980 8 9 and was first listed on the jse securities exchange in south africa in 1986 after merging with metboard a trust company . in 1988 investec bank limited was restructured into investec group limited igl giving investec management and staff control of the company . 8 in 1990 investec acquired property management company i. kuper & company pty limited corporate merchant bank limited formerly hill samuel merchant bank limited and trade finance company reichmans limited . 8 investec entered the uk market in 1992 by acquiring london based allied trust bank limited atb this was the first international acquisition by the group . 8 in 1998 investec acquired guinness mahon a leading london based merchant bank and henderson crosthwaite its stockbroking arm for 95m . 10 it also bought hambros plc another london based merchant bank the same year . 11 it was first listed on the london stock exchange in 2002 . 8 in 2003 in a black economic empowerment transaction 8 empowerment partners acquired a 21.5 % stake in the south africa listed investec . in 2005 investec sold its uk private client stockbroking operation carr sheppards crosthwaite limited to rensburg plc. investec retains a 47.7 % interest in the combined entity rensburg sheppards plc. 12 in 2007 investec plc acquired kensington group plc 13 and experien pty ltd. 14 investec plc acquired the remaining shares in rensburg sheppards plc in 2010 . this business has since been rebranded as investec wealth & investments and incorporates other wealth activities previously operated through the bank . 15 in june 2012 investec plc completed the 32 million acquisition of irish brokerage firm ncb . as a result investec now employs more than 240 specialists in ireland . 16 operations edit lti tx4 silver advertising for investec investec employs approximately 8 200 people worldwide and operates primarily in south africa the united kingdom australia and ireland . it also has banking operations in switzerland mauritius guernsey hong kong jersey namibia botswana canada taiwan and the united states . 7 products and divisional structure edit investec is organised as a network comprising six business divisions asset management wealth & investment property private banking investment banking and capital markets . 7 the head office provides certain group wide integrating functions and is also responsible for central funding and the trade finance business . legal structure edit in july 2002 investec became the first south african company to list on both the london and johannesburg stock exchanges by implementing a dual listed companies dlc structure . 17 the main features of the dlc structure are investec plc and investec limited are separate legal entities and listings but are bound together by contractual agreements and mechanisms . 17 investec plc is the holding company for the majority of the group s non southern african operations and investec limited is the holding company for the majority of the group s southern african operations . 17 investec operates as if it is a single unified economic enterprise . 17 shareholders have common economic and voting interests as if investec plc and investec limited were a single company . 17 creditors however are ring fenced to either investec plc or investec limited as there are no cross guarantees between the companies . 17 empowerment in south africa edit investec s approach to transformation within south africa involves fostering the creation of new black entrepreneurial platforms 18 serving as a source of empowerment financing 18 encouraging internal transformation by bringing about greater representivity in the workplace . investec focuses on creating black entrepreneurs within its organisation 18 sponsorships edit cricket edit investec announced a ten year title sponsorship of investec test match cricket for the england and wales cricket board on 24 november 2011 at lord s cricket ground . this sponsorship will run until 2021 and is the longest sponsorship agreement secured in ecb s history . 19 rugby edit investec is involved in a number of rugby sponsorships around the world as they feel that rugby embodies investec s beliefs in collaborative teamwork innovative play and determination and it s for these reasons that we support many rugby initiatives . 20 investec previously sponsored the investec internationals series formerly the investec challenge played at twickenham stadium england . 21 investec is in the third year as the sponsor of the investec super rugby competition in australia new zealand and south africa . 22 23 investec also supports the international rugby academy south africa which aims to capitalise on an untapped demand for high performance in playing and coaching rugby in south africa . 24 25 in 2010 investec announced that they are the official sponsors of the tri nations rugby competition in new zealand for the second year running . 26 27 horse racing edit investec has become a long term sponsor of the epsom derby festival in the uk until 2013 . the illustrious horse racing event is now known as the investec derby . 28 29 investec also sponsors the investec cape derby in south africa . 30 football edit investec has become the official shirt sponsor for tottenham hotspur s domestic cup games and uefa champions league games for the 2010 2011 and uefa europa league games for the 2011 2012 seasons . this sponsorship marked the first promotion into the football world for investec . 31 32 33 in 2014 investec became the official shirt sponsor for widnes f.c. in the north west counties football league division one . 34 promaths edit since 2005 investec has been sponsoring a flagship project started by the kutlwanong centre for math science and technology . the project aims at improving the mathematics and science skills of students from historically disadvantaged regions across south africa . the project has been a huge success year on year with most of the students obtaining distinctions in mathematics and science and their other subjects . in 2014 the project was awarded the mail & guardian investing in the future stem award . 35 other edit investec loyal about to win the 2011 sydney to hobart taken from sandy bay hobart tasmania australia other sponsorships include the nelson mandela 90th birthday tribute in london s hyde park 36 and russian tennis player elena dementieva for the 2008 wimbledon tournament as well as the australian open in january 2009 . 37 awards edit the company was awarded most trusted asset management brand south africa in 2016 by global brands magazine award . 38 references edit a b c annual report 2015 pdf . retrieved 9 april 2016 . about investec . investec.com . retrieved 18 april 2011 . brief overview on the salient features of investec s dual listed companies structure pdf . www.investec.com . investec . retrieved 22 march 2015 . london stock exchange prices . londonstockexchange.com . 29 july 2002 . retrieved 18 april 2011 . johannesburg stock exchange . jse.co.za . retrieved 18 april 2011 . london stock exchange indices . londonstockexchange.com . retrieved 18 april 2011 . a b c about investec . investec.co.uk . 18 november 2010 . retrieved 18 april 2011 . a b c d e f investec history . archived from the original on 20 october 2007 . retrieved 18 april 2011 . investec history current flash applet . investec.com . 30 june 2010 . retrieved 18 april 2011 . investec enlarges its footprint business times investec does it the niche way in london business times investec wealth & investment home . rensburgsheppards.co.uk . retrieved 29 march 2015 . investec buys uk s biggest sub prime mortgage lender the daily telegraph london 30 may 2007 investec s australia move sydney morning herald 19 may 2008 investec buys rensburg for 412 million london evening standard 30 march 2010 investec completes ncb takeover daily business post 12 june 2012 a b c d e f structure and management . investec . retrieved 18 april 2011 . a b c financial sector charter report investec test cricket . investec.co.uk . 31 march 2011 . retrieved 18 april 2011 . why investec sponsors the rugby . investec.co.uk . 31 march 2011 . retrieved 18 april 2011 . rugby football union . clubs.rfu.com . retrieved 18 april 2011 . about the super 14 . super14.com . sports digital media . retrieved 18 april 2011 . investec super 14 . investec.co.uk . 30 january 2011 . retrieved 18 april 2011 . international rugby academy south africa investec international rugby academy . investec.co.za . 9 april 2010 . retrieved 18 april 2011 . investec tri nations . investec.com.au . 22 february 2011 . retrieved 18 april 2011 . investec tri nations analysis new zealand . allblacks.com . 28 august 2009 . retrieved 18 april 2011 . epsom downs racecourse . epsom downs racecourse . 5 june 2010 . retrieved 18 april 2011 . investec derby official webpage . investec.co.uk . 22 october 2010 . retrieved 18 april 2011 . investec cape derby will be a thriller news archive tottenhamhotspur.com . tottenhamhotspur.com . retrieved 29 march 2015 . investec becomes the official cup shirt sponsor for tottenham hotspur tottenham hotspur name investec as second shirt sponsor . bbc news . retrieved 29 march 2015 . widnes football club announces new shirt sponsorship with investec . widnes f.c. retrieved 14 august 2014 . higher maths produces pros . mail & guardian . 1 november 2013 . retrieved 10 february 2015 . news nelson mandela foundation . nelsonmandela.org . retrieved 29 march 2015 . investec supports elena dementieva global brands magazine award 2016 winners . retrieved 16 september 2016 . external links edit wikimedia commons has media related to investec . official website leasedirect finance ltd subsid kensington group ltd subsid v t e banks of south africa central bank south african reserve bank the big four commercial banks absa first national bank fnb nedbank standard bank other african bank bidvest bank capitec bank firstrand bank grindrod bank imperial bank south africa investec vbs mutual bank sasfin bank teba bank limited postbank development bank of southern africa land and agricultural development bank of south africa defunct 20twenty african banking corporation allied