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Industry news

Burgess takes the helm of SASLA


01 April 2016 Cape Town
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
James Burgess of Macquarie 麻豆传媒 has reclaimed his role as chair of the South African 麻豆传媒 Lending Association (SASLA).

Burgess, who previously served as chair in 2011 and 2012 and has served on SALSA鈥檚 executive committee since 2010, replaces Michael Wright of Nedbank.

In addition to SALSA chair, Burgess is head of equity finance and treasurer at Macquarie 麻豆传媒, 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: 鈥淚f I鈥檓 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.鈥

鈥淎nd in so doing assist in new regulation meeting the regulators objectives and that can be easily implemented into the existing market framework.鈥

鈥淓ducation 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鈥檚 aforementioned goals.鈥
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