| Mon 28 Sep 2009, 16:00 | | ASA / ABSP - Absa - Appointment Of Stephen Van Coller As Chief Executive Officer |
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JSE ASA ABSP
ABSP AMAGB
ASA / ABSP - Absa - Appointment Of Stephen Van Coller As Chief Executive Officer
Of Absa Capital
ABSA GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/003934/06)
ISIN: ZAE000067237
JSE share code: ASA
Issuer code: AMAGB
(Absa Group)
ABSA BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1986/004794/06)
ISIN: ZAE000079810
JSE share code: ABSP
(Absa Bank)
APPOINTMENT OF STEPHEN VAN COLLER AS CHIEF EXECUTIVE OFFICER OF ABSA CAPITAL
Absa Group is pleased to announce that Stephen van Coller, currently Deputy
Chief Executive and Head of Investment Banking at Absa Capital, has been
appointed Chief Executive of Absa Capital. He takes over from John Vitalo with
effect from 1 October 2009 and will also assume local responsibility in
Johannesburg for Absa Wealth.
Stephen joined Absa Capital in September 2006 as Head of Primary Markets. He was
later appointed as Head of Investment Banking and, more recently, Deputy Chief
Executive of Absa Capital and an Absa Group Executive Committee member in May
2009. In his capacity as Chief Executive of Absa Capital, Stephen will report
jointly to Maria Ramos, Group Chief Executive of Absa Group, and to Benoit de
Vitry, Head of Global Markets - Trading Europe and Head of Commodities and
Emerging Markets, Barclays Capital.
"I am delighted to have someone of Stephen`s expertise and market knowledge to
build on all that Absa Capital has achieved under John`s leadership. As one of
the leading investment banks in sub-Saharan Africa, Absa Capital is an ongoing
high priority for Absa Group and Barclays," said Maria Ramos.
Johannesburg
28 September 2009
Enquiries:
Absa Group Marketing & Corporate Affairs
Mr Happy Ntshingila - Executive Director
Tel: (+2711) 350-6477
E-mail: happynt@absa.co.za
Absa Investor Relations
Ms Nerina Bodasing - Head
Head: Absa Investor Relations
Tel: (+2711) 350-2598
Fax: (+2711) 350-5924
Email: nerina.bodasing@absa.co.za
Sponsor:
JP Morgan Equities Limited
Date: 28/09/2009 16:00:04 Produced by the JSE SENS Department.
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