Ruth Forssman joins the Absa Capital Prime Services team  

Absa Capital, the corporate and investment banking division of Absa Bank Ltd (Absa) and affiliated to Barclays, today announced the appointment of Ruth Forssman to the Absa Capital Prime Services team. In her new role, Forssman will be responsible for client relationship management.

Forssman joins Absa Capital from Peregrine Securities, where she he held the position of Relationship Manager: Hedge Funds from January 2008. Prior to working at Peregrine Securities, Forssman worked at Investec Bank where she was a member of the Equity Derivatives desk from February 2004 to December 2007.

“We welcome Ruth to the Absa Capital Prime Services team. Her extensive experience in the domestic hedge fund space will be a great asset to the team,” said Chris Edwards, Head of Prime Services, at Absa Capital.

“With Prime Services now providing product access across six African markets in addition to its multi-asset class offering in South Africa, Absa Capital continues to provide clients with a fully local and fully global service offering,” added Edwards.


Note to the editor:

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.

About Prime Services:

Absa Capital Prime Services provides domestic and international clients with a holistic, capital markets approach for financing and execution across multiple asset classes. Prime Services provides clients with a cross-asset, integrated platform, designed to be scalable and customisable to reflect their evolving requirements.

Issued by:
FTI Consulting
Tanja Vasiljevic
+27 11 214 2410
+27 82 775 4810

For further information contact:
Graeme Coetzee
Associate Principal
Marketing and Corporate Communications
Absa Capital
+27 11 895 6695
+27 79 695 9798
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