The restructuring of the Development Bank of Southern Africa (DBSA), which began in 2012, has delivered big results in less than two years.
The state-owned entity has achieved an increase in disbursements over the last financial year of 39.1%, repositioning itself as both a funding institution and an implementing agent. The Financing Operations Division is the operational centre of the bank, with group executive Michael Hillary at the helm. In this interview, Hillary provides strategic insights into the bank’s core mandates, its specialised teams and its unique capabilities as an infrastructure funding partner.Background to the Financing Operations Division
The Financing Operations Division (FOD) provides a turnkey operation that integrates the entire value chain of a deal. Its services are structured to provide support from the origination of a deal, and continue this support through ongoing monitoring up until repayment. Read more here.
