Investec Debt Origination Manager Ian Dixon Said to Depart

  • Dixon previously ran bank's DCM operations on temporary basis
  • Tuesday said to be Dixon's last day in lender's London office

Ian Dixon, a manager in Investec Plc’s debt capital markets origination team, is leaving the bank, according to a person with knowledge of the matter.

Dixon left the company’s London office this week, said the person, who asked not to be identified because the information is private. Dixon ran the investment bank’s debt capital markets business on a temporary basis until Florian von Hartig was hired in January.

Dixon has more than 30 years’ experience in banking and has previously worked for Royal Bank of Scotland Group Plc and Ambac Assurance U.K. Ltd., Investec said on its website. He’s been with Investec since January 2012, according to his LinkedIn profile. London-based officials at Investec didn’t immediately respond to requests for comment on the departure, while Dixon couldn’t be reached.

Investec, led by Chief Executive Officer Stephen Koseff since 2002, owns a bank and money manager in the U.K. and South Africa, where The lender makes most of its profit. It has said first-half earnings ending Sept. 30 will outstrip the year-earlier period even after the South African economy shrank 1.3 percent in the second quarter and the rand continued to depreciate.

The stock fell 0.9 percent to 517 pence at 3:01 p.m. in London.

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