New Development Bank, in accordance with it being a listed company, has announced the appointment of its new Debt Officer, Leslie Maasdorp, who was previously the Chief Financial Officer.
New Development Bank released a statement on Tuesday, 12 January 2021, as part of its obligation as a Johannesburg Stock Exchange (JSE)-listed company, regarding its new appointment. The company recently filled the Debt Officer vacancy, with Leslie Maasdorp, who was the company’s Chief Financial Officer, filling the position.
According to the statement, “Pursuant to paragraphs 6.39(a) of the JSE Debt Listing Requirements, noteholders are hereby advised that Leslie Maasdorp, Chief Financial Officer, has been appointed as Debt Officer of the Issuer.”
The concise statement did not detail when Maasdorp will assume her new position, nor did it clarify whether the Chief Financial Officer vacancy will be filled in the near future.
Maasdorp is a respected figure in banking who boasts years of experience. According to New Development Bank, “Over the past 25 years, he has occupied senior leadership roles in both private and public sectors. Most recently, he served as a Managing Director and President of Bank of America Merrill Lynch for Southern Africa for a period of four years. Prior to that, he served in a dual role as Vice Chairman of Barclays Capital and Absa Capital. In 2002, he was the first African to be appointed as International Advisor to Goldman Sachs International.”
See the post below.
NDBI NDB-Debt Officer Appointment https://t.co/TTHUdznIZ5
— JSE_SENS (@JSE_SENS) January 12, 2021
Sabelo Makhubo
s.makhubo@politicalanalysis.co.za
