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Errol Grolman

Investor and company builder

By South African Index Editorial Desk · Published · Last reviewed

Investec’s Sandton head office used as a representative image for Errol Grolman
Representative Investec head-office image for co-founder Errol Grolman.: Investec · Source. Resized and converted to WebP for this site.

Investec names Errol Grolman as one of its three original founders in 1976. [2]

He helped guide the banking-licence acquisition and the 1986 JSE listing. [2]

Biography

Grolman joined the predecessor leasing business soon after its 1974 registration. [1]

He became part of the owner team with Ian Kantor and Larry Nestadt in 1976. [2]

Investec credits him with early growth, strategic direction and the acquisition of a banking licence. [2]

He left Investec in the late 1980s and later built an investment business in San Diego. [2]

Key contributions

Helped turn the leasing company into a licensed banking business. [2]

Helped guide Investec through its 1986 JSE listing. [2]

Life and career timeline

  1. Joined the predecessor leasing company after its registration. [1]

  2. Became one of Investec’s three original founders. [2]

  3. Helped direct the banking-licence acquisition. [2]

  4. Helped guide the JSE listing. [2]

  5. Died after later living and working in San Diego. [2]

Frequently asked questions

Was Errol Grolman an Investec founder?

Yes. Investec names him among the three original founders in 1976. [2]

What did he help build?

He helped guide the banking licence acquisition and JSE listing. [2]

When did he leave Investec?

Investec says he left in the late 1980s. [2]

Related people

  • 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.
  • 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.

Related institutions and movements

  • Investec plc — United Kingdom listed parent in Investec’s dual-listed companies structure, with INVP on the LSE and INP on the JSE.

Associated organisations

Related research

Sources

  1. Investec Alumni, Ian Kantor, 2025-09-23. Original source. Accessed 2026-10-30. ↩
  2. Investec, Deepest condolences – Errol Grolman, 2019-01-06. Original source. Accessed 2026-10-30. ↩