FRANK VEIN

FRANK VEIN brings more than 24 years of professional experience in finance, both locally and internationally, to the International Finance Institute. His career involves working on deals not only in South Africa, but also globally – in Europe, Asia and North America. Frank closed deals for companies such as Tomkins, Coates Viyella and Hanson Industries, as well as for Far East companies, among which Mitsui, Sumitomo, Olympus, Nissan, and Samsung. Frank concluded deals for the likes of Eskom, Transnet, Gold Fields, Billiton, DaimlerChrysler, and Nestle. He also set up the South African division of ABN AMRO’s Diamond Bank which financed the local diamond and jewelry trade. During his time with ABSA Corporate Finance he led the team that won the mandate to advise Eskom Enterprises on the disposal of their residential property portfolio and the South African Broadcasting Corporation on their operational and financial restructuring.

Frank holds a BSc (Hons) Degree in Biochemistry from the University of Essex, UK. He also holds the Associate Chartered Institute of Bankers, UK (ACIB) qualification. Frank Vein started his Finance career with Barclays Bank in the City of London, following which he joined ABN AMRO Bank and was a key member of the team responsible for establishing the Bank’s South African operations. His acumen includes building up portfolios of multinational corporate clients. Following this, he held Senior Corporate Banking roles with Credit Agricole and BNP Paribas. His most recent experience is with JP Morgan Chase as an Executive Director responsible for the Bank’s South African Corporate Clients and key transactions.

SELECTED TRANSACTION EXPERIENCE:

• US$1bln International Bond Issue for Sasol;
• US$1bln International Bond Issue for Transnet;
• Unbundling of South African assets of major South African listed company including US$150mln participation in funding facilities;
• US$125mln participation in Syndication of SA listed media company;
• €32mln participation in Syndication of SA listed furniture manufacturer;
• R500mln participation funding for major South African retailer.