ABSIP AWARDS 2024
The Association of Black Securities & Investment Professionals (ABSIP) successfully hosted its 2024 Financial Services Sector Awards ceremony on 28 November, 2024. The event exuded a lively atmosphere, attracting an impressive gathering of esteemed delegates, including financial services industry leaders, sponsors from various banking and investment sectors, and dedicated ABSIP members.
The theme for the 2024 awards was “Pioneering Paths – Celebrating 30 Years of Leadership and Transformation in Financial Services,” highlighting three decades of excellence and progress in the industry.
Addresses by ABSIP President Mohau Polo Leteka, Absa’s Group Chief Marketing and Corporate Affairs Officer, Sydney Mbhele, and keynote speaker, Former Deputy President Dr. Phumzile Mlambo-Ngcuka, underscored the critical need for financial inclusion across all sectors of society and the importance of cultivating the next generation of leaders.
Following a delightful dinner, enlivened by a vibrant performance from The Smoothies, the ceremony concluded with the well-deserved recognition of nominees, celebrating their dedication and contributions to transformation in the financial services sector.
This year, ABSIP introduced the Legacy Awards in key categories such as Private Markets, Retirement Funds, Stockbroking, Banking, Insurance, and Asset Management. These awards honoured firms that have significantly shaped South Africa’s financial services landscape, particularly as the country marks 30 years of democracy.
The event also featured a private art exhibition by Charles Masilela titled “Hearts of Alkebulans.” A stunning piece, entitled ‘Leading leaders – covalent’, was presented to keynote speaker Dr. Phumzile Mlambo-Ngcuka as a token of appreciation.
The cover of ABSIP’s 2024 Pinnacle Magazine (featuring Dr Phumzile Mlambo-Ngcuka) was also unveiled at the Awards ceremony, continuing our commitment to showcase industry-wide thought leadership research articles.
THE AWARDS CEREMONY IN ORDER OF PRESENTATION
1. ASSET MANAGEMENT CATEGORY SPONSORED BY STANDARD BANK
Award: Best Black Fund Manager/Team - Equities
Winner: All Weather Capital
Award: Best Black Fund Manager/Team – Fixed Income
Winner: ALUWANI Capital Partners
Award: Best Black Fund Manager/Team - Global Assets
Winner: Old Mutual Investment Group
Award: Best Black Fund Manager/Team - Alternatives
Winner: Mahlako A Phahla Investments
2. ASSET ALLOCATOR CATEGORY SPONSORED BY IDC
Award: Best Asset Allocator of the year
Winner: Kwa-Zulu Natal Municipal Pension Fund
Award: Best Multi-Manager or Asset Consultant of the year
Winner: Novare
3. PRIVATE MARKETS CATEGORY SPONSORED BY JP MORGAN AND MOMENTUM INVESTMENTS:
Award: Best Private Debt Fund
Winner: Thirdway Investment Partners
Award: Best Private Equity Fund
Winner: Futuregrowth Asset Management
4. EXCEPTIONAL AWARDS CATEGORY SPONSORED BY ABSA
Award: Student Chapter of the Year
Winner: University of Pretoria
Award: Mxolisi Mbetse Award for Outstanding Young Professional
Winner: Ashley Daswa
Award: Woman Leadership Award (ABSIP-FSTC)
Winner: Phelisa Ngonyama
Award: Greg Boyd Award
Winner: Mary Vilakazi
4. LEGACY AWARDS CATEGORY
Award: Legacy Award for Banking
Winner: Nedbank
Award: Legacy Award for Asset Allocator
Winner: EPPF
Award: Legacy Award for Asset Management
Winner: Mazi Asset Management
Award: Legacy Award for Private Markets
Winner: Mahlako A Phahla Investments
Award: Legacy Award for Securities
Winner: ABSA
Congratulations to all the Winners, may we continue to foster greatness in the financial industry.
Please see the Audience Gallery Here
We extend our heartfelt gratitude to each of our sponsors for their unwavering dedication to the success of the ABSIP Awards.
Regards
Mohau Polo Leteka
ABSIP President