On 28 November 2024, the Association of Black Securities and Investment Professionals (ABSIP) hosted its 2024 Financial Services Sector Awards, celebrating 30 years of leadership and transformation under the theme “Pioneering Paths – Celebrating 30 Years of Leadership and Transformation in Financial Services.”
The evening brought together industry leaders, sponsors and ABSIP members for a night of inspiration and recognition. Highlights included keynote addresses by ABSIP President Mohau Polo Leteka, Absa’s Sydney Mbhele, and former Deputy President Dr Phumzile Mlambo-Ngcuka, all emphasising the urgent need for financial inclusion and the nurturing of future leaders.
The year 2024 also marked the introduction of the inaugural Legacy Awards, honouring firms that have significantly shaped South Africa’s financial landscape over the past three decades. Mahlako Financial Services proudly walked away with two major accolades:
- Legacy Award for Private Markets
- Best Black Fund Manager/Team – Alternatives
ABSIP plays a pivotal role in South Africa’s financial services sector by advocating for the transformation, empowerment and advancement of black professionals and businesses. Its mission is to drive greater representation, leadership development and equitable access to opportunities across the industry. Mahlako Financial Services not only aligns with ABSIP’s goals but also contributes significantly to reshaping the financial services landscape to be more inclusive, dynamic and transformative.
Mahlako’s success at the 2024 ABSIP Awards reflects its unwavering commitment to transformation. Through its investment initiatives, the firm has expanded access to capital, fostered inclusive economic development, and advanced black participation in the financial services sector. Mahlako continues to play an outstanding role in building and strengthening South Africa’s private markets ecosystem, paving the way for a more equitable and prosperous future.
