Simon Denny has been appointed Head of Investment Banking for Deutsche Bank South Africa. He will be based in Johannesburg and report locally to Peter Wharton-Hood, Chief Country Officer. Simon takes over as Head of Investment Banking succeeding Kevin Latter.
Since joining Deutsche Bank in 2008, Simon has advised many South African blue chip corporate and private equity names on some of the country’s landmark transactions including most recently the R68.2 billion Steinhoff/Pepkor transaction, the R10.6 billion sale by SAB Miller of its stake in Tsogo Sun, the IPO of Alexander Forbes, the sale of Total’s South African coal interests to Exxaro, the sale of Barclays Africa’s private equity interests as well as the USD2.4 billion Massmart/Walmart transaction.
“I am delighted to have Simon as Head of our Investment Banking Coverage & Advisory business. He has a wealth of investment banking experience and has the leadership and relationships to continue to grow our leading franchise in South Africa. Simon has the full support of the Deutsche Bank Executive both locally and internationally,” commented Peter Wharton-Hood.
