Russon takes leading role at South Africa’s Absa Capital

South African investment bank Absa Capital has appointed Charles Russon as its chief financial officer.

Russon joins from Deutsche Bank, where he was a managing director and global head of fixed-income business area control. He will return to his homeland this autumn.

John Vitalo, chief executive of Absa Capital, said Russon’s decision to join could not have come at a better time for the investment bank, which is benefiting from a stable South African economic and political environment. “His expertise in derivatives, and management information systems, technology and financial control will serve us well to ensure we achieve our strategic goals in a safe, transparent and well-controlled manner,” said Vitalo.

Absa Capital is affiliated with London-based Barclays Capital.