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11 December 2018 | Story Leonie Bolleurs | Photo Sonia Small
David Abbey
David Abbey is also serving on the UFS Council’s Finance, Audit, Risk and IT Governance Committee.

David Abbey, a senior banker and transactor in the Acquisition and Leveraged Finance Division at Rand Merchant Bank in Johannesburg, was appointed to the UFS Council.

An undergraduate student of Rhodes University, David is also a proud product of the UFS, having completed his Accounting honours degree at this university. For the past few years, he has also guest lectured on investment banking and financial instruments to Accounting honours students as part of the PwC Financial Instruments Programme.

Large-scale impact

Therefore, his appointment to the Council is particularly special to him.

“Being a member of the Council gives me the platform to have a more large-scale impact on the institution, academic community, the economy, and society. I’m thrilled to be serving alongside an astute body of incredible individuals from whom I will undoubtedly learn,” he says.

Realising his full potential

David is serving on the Council’s Finance, Audit, Risk and IT Governance Committee and his experience in, and knowledge of finance, technology, and audit skills will stand him in good stead. When he’s not developing and structuring innovative, multidisciplinary, and integrated financial solutions for his corporate clients, he loves to be active. He is a regular gym-goer and plays and watches all kinds of sport. Travel, the arts, and motoring are some of his other passions. 

On a personal level, there is still much he wants to achieve. “I want to continue to work hard, using my God-given talents to realise my full potential and to make a humble mark in society and in people’s lives.”

News Archive

UFS Rector gets reappointed
2007-06-08

The Council of the University of the Free State (UFS) today unanimously (Friday 8 June 2007) extended the term of Prof. Frederick Fourie, Rector and Vice-Chancellor of the UFS, for a further five years.

Prof. Fourie was appointed on 1 January 2003 in this position and his current term appointment will expire on 31 December 2007. The extension of his five-year term as Rector and Vice-Chancellor will come into effect on 1 January 2008. .

“During the course of his term Prof. Fourie clearly demonstrated that he has the competencies and abilities to manage the recent strong growth phase of the UFS and to further develop the UFS to be a modern university,” said Judge Faan Hancke, Chairperson of the UFS Council.

“His commitment to quality, integrity, justice, non-racialism and non-sexism are qualities that will be crucial to addressing the strategic objectives and priorities of the UFS,” said Judge Hancke.

According to Judge Hancke, Prof. Fourie’s confrontation of and commitment to two of the most important challenges facing the UFS also played a role in the Council’s decision to extend his term. These challenges are:

  • The institutional charter as key to successful, high-quality transformation and social robustness in the context of diversity; and
  • The strategic clusters as key to a word-class research and teaching profile, academic quality and robustness.

A diversely compiled committee with a balanced representivity made a unanimous decision to submit the extension of Prof. Fourie’s term to Council today for approval. The evaluation committee comprised of among others the chairperson of Council as the presiding officer, the vice-chairperson of Council, other Council members who are not employees of the UFS and representatives of Senate.

The process comprised of the evaluation of Prof. Fourie’s work performance and competencies within a broad framework of the strategic aims of the UFS.

According to Judge Hancke the evaluation committee considered aspects such as the staff profile of the UFS; the vision, mission, values and strategic priorities of the UFS and Prof. Fourie’s vision for the UFS; the inherent post requirements of Rector and Vice-Chancellor; the outcome of the evaluation discussion with regard to Prof. Fourie’s successes during his term as Rector and the future challenges for a rector before the recommendation was made to Council.

“On behalf of Council I wish to congratulate Prof. Fourie with his appointment and wish him all of the best with his task to take the UFS to new heights,” said Judge Hancke.

Media release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
8 June 2007
 

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