Burgess takes the helm of SASLA
01 April 2016 Cape Town
Image: Shutterstock
James Burgess of Macquarie Securities has reclaimed his role as chair of the South African Securities Lending Association (SASLA).
Burgess, who previously served as chair in 2011 and 2012 and has served on SALSA’s executive committee since 2010, replaces Michael Wright of Nedbank.
In addition to SALSA chair, Burgess is head of equity finance and treasurer at Macquarie Securities, based in Cape Town.
SASLA aims to promote to the South African securities lending industry and this includes liaising with the regulators to encourage tax reform and beneficial legislation aligned to the industry, according to Burgess.
He said: “If I’m going to accentuate any of these [aims] in the coming year; it will be to encourage more lenders to enter the South African lending market and to work closely with the regulators in ensuring their understanding of the market.”
“And in so doing assist in new regulation meeting the regulators objectives and that can be easily implemented into the existing market framework.”
“Education about the securities lending remains a focus of the committee and we will no doubt be doing a lot of this in achieving the association’s aforementioned goals.”
Burgess, who previously served as chair in 2011 and 2012 and has served on SALSA’s executive committee since 2010, replaces Michael Wright of Nedbank.
In addition to SALSA chair, Burgess is head of equity finance and treasurer at Macquarie Securities, based in Cape Town.
SASLA aims to promote to the South African securities lending industry and this includes liaising with the regulators to encourage tax reform and beneficial legislation aligned to the industry, according to Burgess.
He said: “If I’m going to accentuate any of these [aims] in the coming year; it will be to encourage more lenders to enter the South African lending market and to work closely with the regulators in ensuring their understanding of the market.”
“And in so doing assist in new regulation meeting the regulators objectives and that can be easily implemented into the existing market framework.”
“Education about the securities lending remains a focus of the committee and we will no doubt be doing a lot of this in achieving the association’s aforementioned goals.”
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