David Abbey is widely recognised for his integrity, commercial savvy and sound business acumen. He started his career at PwC’s advisory and banking divisions where he qualified as a CA(SA) and concurrently as a certified information systems auditor (a global qualification recognised as the highest qualification for IT and information systems professionals).
David was headhunted to join RMB in the then newly established Finance Target Operating Model − a strategy execution unit for the bank’s finance capability. He was shortly thereafter appointed as strategist and executive assistant to the CFO at RMB.
He is currently in a deal-making role at RMB’s Leveraged Finance Division, developing and structuring multidisciplinary and integrated financial solutions across the entire capital structure for corporates and financial sponsors wishing to create value through acquisitions, balance sheet optimisation, recapitalisations, management buy-outs, leveraged buy-outs and the like, covering all aspects of financing including debt arranging, debt structuring advisory, and term debt funding, including senior, mezzanine and hybrid capital funding solutions.
He is a recipient of various accolades and highest honours, including the coveted RMB Special Service Distinction Award that goes to an individual whose commitment, delivery and determination to go beyond the call of duty ensure that the bank continues to deliver in the market place; the Emerging Old Rhodian Award bestowed on Old Rhodians who have achieved excellence in their careers; and the UFS Chancellor’s Distinguished Alumni Cum Laude Award.
David is the deputy chairperson of the Johannesburg branch of ABASA, a member of Council, member of the Executive Committee of Council, and member of the Audit, Risk and IT Governance Committee at the University of the Free State, as well as a member of the board of directors of the Mother and Child Academic Hospital (MACAH) Foundation.