Anthony Knox to head Bank of America’s SA business
Richard Gush, country executive for SA, will relocate to London as vice-chair, international
28 November 2023 - 09:34
by Kabelo Khumalo
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Bank of America has appointed Anthony Knox as its new country executive for SA, according to an internal memo by the bank’s Bernie Mensah.
Mensah said Knox will take over the role from January 1.
“I am pleased to announce that in addition to his role as head of Investment Banking for SA, Anthony Knox has been appointed country executive for SA, effective 1 January 2024,” the memo seen by Business Day reads.
“After more than a decade, Richard Gush, our current country executive for SA, will relocate to London as vice-chair, international. In this newly created role, Richard will focus on the seamless delivery of our full capabilities across emerging markets.”
Knox began his banking career in London, initially with Standard Bank and then BNP Paribas before moving back to SA.
He has been involved in a wide variety of mergers & acquisitions, most notably advising on the acquisition of Yamana Gold by Gold Fields and the unbundling of RMI’s 24.8% stake in Discovery and 26.8% stake in Momentum.
Knox was also involved in the managed separation of Old Mutual and the Shanduka merger with Pembani.
Bank of America’s SA unit has been involved in several deals in the past few years, including advising Standard Bank taking full ownership of Liberty and counselling Sasol in the sale of its 50% stake in the Lake Charles base chemicals unit.
Another deal the bank has been involved in is the merger between Royal Bafokeng Platinum (RBPlat) and Impala Platinum (Implats), where it advised the former. The RBPlat and Implats deal was particularly colourful as Northam and Implats slugged it out for months to take control of RBPlat.
Update:November 28 2023 This story has been updated with new information.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Anthony Knox to head Bank of America’s SA business
Richard Gush, country executive for SA, will relocate to London as vice-chair, international
Bank of America has appointed Anthony Knox as its new country executive for SA, according to an internal memo by the bank’s Bernie Mensah.
Mensah said Knox will take over the role from January 1.
“I am pleased to announce that in addition to his role as head of Investment Banking for SA, Anthony Knox has been appointed country executive for SA, effective 1 January 2024,” the memo seen by Business Day reads.
“After more than a decade, Richard Gush, our current country executive for SA, will relocate to London as vice-chair, international. In this newly created role, Richard will focus on the seamless delivery of our full capabilities across emerging markets.”
Knox began his banking career in London, initially with Standard Bank and then BNP Paribas before moving back to SA.
He has been involved in a wide variety of mergers & acquisitions, most notably advising on the acquisition of Yamana Gold by Gold Fields and the unbundling of RMI’s 24.8% stake in Discovery and 26.8% stake in Momentum.
Knox was also involved in the managed separation of Old Mutual and the Shanduka merger with Pembani.
Bank of America’s SA unit has been involved in several deals in the past few years, including advising Standard Bank taking full ownership of Liberty and counselling Sasol in the sale of its 50% stake in the Lake Charles base chemicals unit.
Another deal the bank has been involved in is the merger between Royal Bafokeng Platinum (RBPlat) and Impala Platinum (Implats), where it advised the former. The RBPlat and Implats deal was particularly colourful as Northam and Implats slugged it out for months to take control of RBPlat.
Update: November 28 2023
This story has been updated with new information.
khumalok@businesslive.co.za
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