Bhavtik Vallabhjee

Head, Power Utilities, and infrastructure

ABSA Bank  

Bhavtik C. Vallabhjee is head of the Power Utilities and Infrastructure and ABSA. He has over 24 years of Corporate & Merchant Banking experience in South Africa and in the Middle East. He has been engaged in structuring major project finance transactions in sectors such as power (incl. Renewable Energy), water, oil & gas, telecoms, transportation, healthcare & industrial projects. He has worked on several deals in the Middle East and a number of African countries. He has been involved in executing transactions with an aggregate value in excess of US$23billion in his career. He spent 5 years in the Middle East at the height of its infrastructure spending boom where he was a Project Finance banker there. After returning to South Africa in 2010, he joined a leading Investment Banking franchise where he specifically focused on Renewable Energy and was part of the team that successfully closed 17 projects with total debt underwrites of ZAR15bn. He is currently Head of Absa Corporate & Investment Banking Power, Utilities & Infrastructure team and works across conventional & renewable power technologies in Africa. Most recently, he is part of the team that have closed 12 projects across technologies in renewables with a R22 bn debt commitment. He is based in London. 

 

He is a qualified Chartered Management Accountant (UK), has an MBA in Finance from Stellenbosch Business School in Cape Town, South Africa, two Honours and a Bachelors degree in Accountancy & Finance.