Seamless succession at top of STANLIB’s research team

13 April 2008 Stanlib

STANLIB, South Africa’s leading asset management company, has announced the appointment of Nigel McKenzie (pictured right) as head of research while Theo Botha (pictured below) has been named head of industrial sector research.

The appointments follow the resignation of David Gibb as head of research after a 14 year career with the business. David is taking some time out from the industry to explore other areas of interest as well as spend time with family offshore. STANLIB wishes him all the best for the future.

McKenzie was previously head of financial sector research. In his new position he leads 12 analysts, one of the strongest research teams in the investment industry. McKenzie holds a B. Com. (Hon) Cum Laude and an M. Com. (Economics). He joined Liberty Asset Management in 1999 as a banks analyst after initial financial service experience at FNB. He is a member of STANLIB’s credit committees and co-manages the financial services unit trust and financial sector satellite fund.

Botha was formerly STANLIB’s senior industrials analyst and since joining the investment industry in 1989 has held senior positions at UAL Merchant Bank, Nedcor Investment Bank, Liberty Asset Management and STANLIB. As head of industrials he leads a team of five researchers. In addition, Botha takes over the management of a specialist industrial unit trust while he and his team continue to manage a R6 billion specialist industrial mandate. A Chartered Financial Analyst, Botha holds a B. Com. and B. Com. (Hon).

Patrick Mamathuba, STANLIB’s Chief Investment Officer, commented: “Research strength in depth has enabled a seamless succession. We wish Nigel and Theo every success in their new roles.”

The appointments became effective on April 1
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