The 17th Absa Champagne Festival took place in Johannesburg recently, marking the conclusion of a remarkable year for Absa Wealth and Investment Management. The client appreciation event also celebrated the centenary of the birth of former President Nelson Mandela.

A selection of wall hangings and sculptures, commissioned from both established and up-and-coming artists, was sold in a silent auction to raise funds for the Nelson
Mandela Foundation.

“Through a mixture of luxurious food and drinks, paired with a dash of culture, we sought to create a memorable occasion where guests could honour Madiba’s memory by donating to a cause which was close to his heart – the making of a just society, with freedom and equality for all,” says Winston Monale, Managing Executive for Absa Wealth and Investment Management. “At the same time, we wanted to mark the great year we’ve had, reaching a number of milestones we’d set for ourselves.

”Since the Barclays Plc sell-down, Absa has charted a new path as a diversified pan-African financial services firm. For Absa Wealth and Investment Management, this has meant developing a suite of compelling products for its high net-worth clientele in SA and across the 10 other markets in which the group operates.

“We spent much of 2018 crafting superior propositions for our clients, who want diversity across geographies, currencies and asset classes,”says Monale. “Through new
partnerships, we’ve created wealth and investment offerings in countries such as Kenya and Mauritius, and are looking to take this to a number of other markets in
which Absa operates. We see huge potential in Africa, home to the fastestgrowing
middle income and wealth classes in the world.”

Read the full story in the Jan/Feb issue of DESTINY MAN.

See more images of the Absa Champagne Festival. Click on the image for a larger view.