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Investec Limited

South African listed parent in Investec’s dual-listed companies structure, with the INL ordinary-share code on the JSE.

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Investec’s Sandton head office used as a representative image for Errol Grolman
Representative Investec head-office image for co-founder Errol Grolman. Photo: Investec · Source

Investec Limited is the South African listed parent in the combined Investec dual-listed companies group. [3][5]

History

The predecessor business began in Johannesburg in 1974 and listed on the JSE in 1986. [1][5]

Investec Limited became one side of the dual-listed structure implemented in July 2002. [4]

Ownership and management

The Public Investment Corporation managed 15.2% of ordinary shares at 31 March 2026. [3]

Fani Titi leads the combined group under board authority rather than a disclosed controlling stake. [2][6]

Frequently asked questions

What is Investec Limited’s share code?

Its primary JSE ordinary-share code is INL. [5][6]

Is Investec Limited the operating bank?

No. Investec Bank Limited is the main South African banking subsidiary. [3]

Who leads the group?

Fani Titi was group chief executive at 18 September 2026. [6]

Key milestones

  1. The predecessor leasing company was registered. [1]

  2. Investec listed on the JSE. [5]

  3. The dual-listed companies structure took effect. [4]

Founded / co-founded by

  • Ian Kantor — South African engineer and business builder who started the leasing company that became Investec.
  • Larry Nestadt — South African investor and one of the three original founders named in Investec’s official company history.
  • Errol Grolman — South African business builder and one of the three original founders named by Investec.

Company builders

  • Bernard Kantor — South African banker and early Investec company builder who led important United Kingdom expansion.
  • Stephen Koseff — South African banker, Investec co-founder and former long-serving group chief executive.
  • Fani Titi — South African banker and company builder who has served as Investec group chief executive since March 2020.

Related articles

Related institutions

  • Investec plc — United Kingdom listed parent in Investec’s dual-listed companies structure, with INVP on the LSE and INP on the JSE.
  • Investec Bank Limited — South African operating bank and subsidiary of Investec Limited, distinct from the listed INL parent company.
  • Ninety One — Independent global asset manager that began inside Investec in 1991 and completed its demerger and dual listing in March 2020.

Sources

  1. Investec Alumni, Ian Kantor, 2025-09-23. Original source. Accessed 2026-10-30. ↩
  2. Investec, Fani Titi. Original source. Accessed 2026-10-30. ↩
  3. Investec, Investec Group integrated and strategic annual report March 2026, 2026-06-12. Original source. Accessed 2026-10-30. ↩
  4. Investec, Corporate structure. Original source. Accessed 2026-10-30. ↩
  5. Investec, Investor relations frequently asked questions. Original source. Accessed 2026-10-30. ↩
  6. Investec, Investec Group pre-close trading update, 2026-09-18. Original source. Accessed 2026-10-30. ↩