SASLA selects Govender to chair collateral forum 19 November 2024South Africa Reporter: Carmella Haswell
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The South African Securities Lending Association (SASLA) has appointed Joshua Govender to chair the new South African Collateral Forum.
Based in Johannesburg, Govender is currently business development lead for Africa and the UK at VERMEG for Banking and Insurance Software.
He joined the role in January to expand VERMEG's footprint in the African region among the banking, capital markets and financial services sectors.
Govender brings over 20 years of experience in securities lending and collateral to his new role.
Most notably, Govender held a 15-year tenure with HSBC, where he was most recently director of Prime Finance for South Africa.
Commenting on the news, SASLA Chair Michael Wright says: “Joshua brings a wealth of securities finance experience to the role.
“The forum has been set up to facilitate the discussion of collateral-related issues facing the South African financial markets. Through the association members it represents a broad range of financial market participants.”
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