Emerging markets and frontier investment bank, Renaissance Capital on Thursday announced that it has appointed Nigeria’s Samuel Sule as director to help strengthen and boost its expertise in African capital markets. Sule will be joining the company’s financing group and would be based in London where he is expected to report to Dmitry Gladkov, the global head of financing and head of debt capital markets.
A statement issued by the company said Sule has over 10 years of debt capital markets experience, working with multi-national corporations and major banks across Africa, adding that he would be well placed to strengthen Renaissance Capital’s offering in the area of capital markets across financing instruments and geographies.
He is joining the company from Standard Chartered Bank, where he spent over five years between 2013 and 2018 working on domestic and international debt transactions, from origination to structuring and distribution, for issuers across West Africa.
“His recent transaction experience includes sovereign bond issuance across West Africa, international bond issuance for multi-lateral institutions and banks, as well as local currency financing for corporates. Samuel’s previous work experience includes roles with Stanbic IBTC Capital (Lagos) and HSBC (London),” the company said.
Samuel holds a degree in Economics and Politics from the University of Newcastle, United Kingdom, a CFA Charter holder and gained a CISI Level 3 Certificate in Financial and Commodity Derivatives, FSA. He is also a Nigerian SEC-approved finance professional.
Gladkov, the global head of the group whom Sule would be reporting to said of the appointment: “I am very pleased to welcome Samuel to join our strong DCM team, which had an exceptionally successful past year. We led a series of innovative transactions across emerging markets, including Nigeria’s first ever corporate infrastructure bond, and the first 10-year bond issued by a non-financial corporate in Nigeria. Building on this excellent track record, Samuel’s unique African debt capital markets experience will help us further enhance our footprint in the continent and strengthen the Firm’s position as the world’s leading frontier and emerging markets investment bank.”
Renaissance Capital was named as the Most Innovative Investment Bank in Emerging Markets in 2018 by The Banker’s Investment Banking Awards. It also recorded an impressive set of results in the 2018 Extel Survey for the third consecutive year, with strong placings in a range of categories for individual analysts and the firm overall. In the 2018 Financial Mail awards for African equity research, the firm’s local team was ranked fourth, and individual analysts achieved top positions in their respective categories. The Global Finance magazine 2018 award named Renaissance Capital as the Best Bank in Frontier Markets.