Bank of America Taps New Africa, Benelux Investment Bank Leads

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessBank of America Taps New Africa, Benelux Investment Bank LeadsBank of America Corp. has appointed veteran dealmakers Simbah Mutasa and Sjoerd van Hooijdonk to lead its Africa and Benelux franchises respectively, as the lender seeks to win a bigger share of corporate and investment banking business in the two regions.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Bank of America Corp. has appointed veteran dealmakers Simbah Mutasa and Sjoerd van Hooijdonk to lead its Africa and Benelux franchises respectively, as the lender seeks to win a bigger share of corporate and investment banking business in the two regions.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountMutasa was already leading the investment bank for South Africa, the biggest economy in Africa, and will now be responsible for deal-making across the continent, according to an internal memo sent to employees and reviewed by Bloomberg. “In his expanded leadership role, Simbah will drive the continued growth of our investment banking franchise across the African region,” Matt Cannon, head of EMEA investment banking, wrote.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe US lender also promoted Van Hooijdonk to lead the investment bank for the Benelux region, in addition to his role of heading the investment bank for the Netherlands, the note said.Bank of America declined to comment on the appointments.The promotions increases the US bank’s focus on its long-term growth plans for its international business.In Africa, demand for infrastructure financing, capital markets activity and cross-border advisory have been picking up, despite the conflict in the Middle East.The continent, home to the fastest growing population in the world, is attracting investors seeking exposure to critical minerals, renewable energy, digital and fintech investments, as well as its expanding consumer markets.In Africa, Bank of America recently acted as the joint placement agent on Dangote Fertilizer’s $750 million private placement and was among advisors on the sale of East African Breweries stakes to Japan’s Asahi Group.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.