2015 Finance in the South West - full presentation
Jo CV 2015
1. PERSONAL DETAILS
Name Jo McClure
Date of birth 17 March 1978
Status Married
Nationality South African
Resides Johannesburg
Contact Details jomcclure1978@gmail.com
Cell number 082 572 0340
TERTIARY EDUCATION
1997 – 1999 University of the Witwatersrand
Undergraduate Degree: Bachelor of Commerce
Achievements:
(1ST
YEAR)
• Placed in Top 10.
• Awarded EJA Loerincz Scholarship by the
University.
Scholarship/Bursary:
•1. Awarded by The Lonmin Group
•2. Awarded by KPMG
(2nd
YEAR)
• Placed in Top 10.
• Awarded EJA Loerincz Scholarship by the
University.
Scholarship/Bursary:
•1. Awarded by The Lonmin Group
•2. Awarded by KPMG
2. (3rd YEAR)
• Placed in Top 10.
• Awarded EJA Loerincz Scholarship by the
University.
Scholarship/Bursary:
•1. Awarded by The Lonmin Group
•2. Awarded by KPMG
2001 University of South Africa
Postgraduate degree: Honours in Accounting Science
(CTA)
Achievements:
• Placed 4th
nationally in final exams.
• Invited to do Academic Articles
SECONDARY EDUCATION St Mary’s School for Girls, Waverley, Johannesburg
Matric Results (All subjects on higher Grade -
IEB)
English: B+ Computer
Science: A
Afrikaans: B+ French:
A
Maths: A Zulu:
A
Achievements:
• Dux Scholar
• Provincial squash colours (U16 and U19)
• Prefect, Vice Head of House, Captain first
team squash
3. PROFESSIONAL QUALIFICATIONS
March 2005 CA (SA)
First Time Passes:
• Board Part 1
• Board Part 2
CAREER HISTORY
January 2002 – Feb 2006 Articles at KPMG, Served in Financial Services Sector
And then in the Technical Advisory Division
Clients during Financial Services Sector placement:
• Nedcor Group
• Iscor Corporate Treasury
• BHP Billiton SA Treasury
• Nedcor Treasury
• Absa Treasury
• Nedcor Retail Credit
Clients/work in Technical Advisory Division:
• Supergroup
• Mauritian and Malawian clients
• Absa Structured Finance
• Various Government Institutions
• Contract Lease Management (CLM)
• Standard Bank, Deutsche Bank and Fujitsu
BEE deals (team projects)
• Providing accounting opinions and advice
regarding different structured deals (including
those with derivatives)
March 2006 – 1 April 2007
• Investec Bank: Corporate Finance (M & A)
Worked on the listing of Country Bird, and the
Black Economic Empowerment (BEE) deal of
Wilson Bayly Holmes Ovcon (WBHO)
• Investec Bank: Interest Rate Derivatives Sales
and Structuring Desk (including credit
derivatives)
4. Responsible for forging and maintaining
relationships with Buyside Clients - all the
South African Real Money accounts, Life and
Insurance Companies, Consultants and Hedge
Funds, in order to distribute and structure debt
products (eg Securitisations). I worked closely
with the Debt Capital Markets Division.
In addition, responsibilities included
structuring derivative products for the same
client base
May 2007 – 31 March 2014
Standard Bank
May 2007 - Dec 2009
Senior Manger, FICC Structured Sales,
Buyside Clients
January 2010 - March 2014
Appointed Head: Cross Product Derivative
Structuring And Sales (excluding equities), for
Buyside Clients.
2011
* Appointed Director
* In addition I was appointed Head
of Coverage for Public
Investment Corporation, which
is essentially controlled by the SA
Government. They have the largest
AUM of any SA manager –
approx ZAR 1 Trillion. I have
been integrally involved with the
rollout of their Africa Strategy,
which involves spending USD 6 –
10 Billion across Africa, through
various mechanisms and
disciplines. Their acquisition of a
percentage of Dangote Cement,
was one such acquisition. I have
deep relationships with the Head
5. of Listed Equity and Strategic
Investments, Head of Private
Equity and Head of Fixed Income
and Trading.
2012
* Appointed Head of the Equity
Derivatives Sales and Structuring
business. I consolidated this
team and business into my
existing Buyside business
* Setup the South African
“African” business. This involved
selling, marketing and creating
awareness of our African in
country product, bonds etc to
South African clients who had set
up / were starting to setup
African Funds.
General Responsibilities included:
Distribution of on Balance Sheet Assets/Loans (in derivative form) to Buyside clients
in pursuance of the ‘Originate and Distribute” banking model
Distribution (and concurrent structuring) of ECA deals (eg ECIC Angolan hydro
power deals) to Buyside Clients. Have a deep and long standing relationship with an
African originator outside of Standard Bank.
Mentoring young and upcoming talent (on an on-going basis) under the Mentorship
Sponsor Program, started in 2012/2013
LDI structuring for pension funds
Sep 2014 to date Deutsche Bank
Director: Head of Sales SA
• Fx, Commodities, Fixed Income and Credit
• Corporates and Financial Institutions
• Flow and Structured