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Absa Capital appoints Philip Lindop to head Investment Banking, Africa  

 5/2/2012 
Absa Capital, the corporate and investment banking division of Absa Bank Limited, and affiliated to Barclays, today announced that it has appointed Philip Lindop as its new Head of Investment Banking for Africa.

Lindop, who joins from Goldman Sachs in London, has over 15 years of investment banking experience - including six years based in Johannesburg. For the past five years Lindop has focused on covering companies in the Metals and Mining sector and has worked extensively with clients in the African continent and in other emerging markets.

Stephen van Coller, Chief Executive of corporate, investment banking and wealth and investment management in Africa, said: “Philip is a key hire in our unique fully-local, fully-global investment banking offering on the African continent. Attracting top talent like Philip is testimony to the progress Absa and Barclays have made in a short time on the African continent.”

Crispin Osborne, head of investment banking, CEEMEA, at Barclays, said "We are delighted to have Philip join the orgnisation. Africa represents a significant opportunity for Barclays and we are committed to further investment and connectivity in this key region. It is an important source of growth and differentiation for our investment banking business globally and we look forward to taking this to a new level.”

Lindop will initially split his time between Johannesburg and London to focus on further integrating coverage of African clients across Barclays, after which he will be located in Johannesburg.

Ends…

About Absa Capital

Absa Capital, a division of Absa Bank Limited (Absa) and affiliated to Barclays, is a leading South African corporate and investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.

Issued by:
FTI Consulting
Lauren Thys
+27 11 214 2420
+27 82 309 0788
lauren.thys@fticonsulting.com

For further information contact:
Graeme Coetzee
Associate Principal
Marketing and Corporate Communications
Absa Capital
+27 11 895 6695
+27 79 695 9798
graeme.coetzee@absacapital.com
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