Rothschild Executive Douglas Joins Top Deals Recruits at Absa

Rothschild & Co. South Africa Managing Director and Africa Co-Head Giles Douglas will join lender Absa Group Ltd. as the continent’s third-largest bank builds a team to boost its competitiveness and win market share.

Douglas will start as managing executive of Absa’s investment bank on July 27, the lender said in response to questions. He will report to Zaid Moola, who was also recently hired from Standard Bank Group Ltd. as chief of corporate and investment banking.