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Imara Africa Securities appoints new head
Justin Fletcher, a member of the founding executive team at Imara Africa Securities, has been appointed head of the pan-African financial services group.
Justin Fletcher
The Africa-wide investment service - part of Johannesburg-based S.P. Reid Stockbrokers - was launched in 2010 as a channel to equity and bond investment opportunities on 17 African stock exchanges. The initial institutional offering was widened 16 months ago to include a retail component.
Fletcher entered the investment industry in 1994 as a junior trader on the JSE market floor at Kaplan & Stewart Stockbrokers and later became senior dealer for the US firm, Raymond James Stewart. He subsequently joined O'Flaherty & Sundelson and is a former director of trading with Rice Rinaldi Securities.
Fletcher joined Imara S.P. Reid in 2003, initially managing a proprietary and arbitrage book before being tasked with the growth of retail, asset management and corporate business.
