One of the biggest sports leagues the National Basketball Association/NBA is seen to be showing more interest in the continent of Africa with the forming of Basketball Africa League for the progression of the sport in the Continent. With so much good news surrounding the sport of Basketball in the continent, a top investment banker has been named by the National Basketball Association to develop the sport in the African Continent.
The national Basketball Association has announced Victor Williams of Standard Bank as the CEO of NBA Africa. This announcement was made by the NBA commissioner Silver Adams who said that adding a person with such a caliber and experience was an important step in the efforts that the NBA were taking to grow the sport across Africa.
He also added that he was looking forward to Victor’s support to accelerate the Sports as an economic engine across the Continent. Williams Victor who has been named as the CEO of the NBA Africa served as the Executive Head of corporate and Investment Banking for the last five years in the Africa Regions for Standard Bank Group.
He oversaw the execution and the financial performance for the business of Standard Bank with clients which included corporate, sovereign and institutional investors in 19 countries across sub Saharan Africa.
— NBA Africa (@NBA_Africa) August 10, 2020
Williams was also responsible for expanding the business lines across Africa including global markets, transactional products and services and investment banking. Previously he was with Wells Fargo Securities in Charlotte in North Carolina as Managing Director focusing on mergers and acquisitions.
Prior to Wells Fargo Securities Williams was Vice president of Investment Banking at Goldman Sachs in New York city providing strategic guidance to Fortune 500 companies. With such vast professional experience and a great caliber Williams in his new role as the CEO of NBA will be overseeing the business initiatives of the basketball league in Africa.
He will be growing the popularity of Basketball and the NBA across Africa though media distribution, corporate partnerships and grass root development. Williams who is a dual citizen of Sierra Leone and the US says he the new role allows him to blend his professional experience building businesses in Africa with his passions for the sport of Basketball.
He also said that becoming a CEO of the NBA is a compelling opportunity to join the NBA. Williams will be based in the Johannesburg office of the league and will report to the NBA Deputy commissioner and Chief operating Officer Mark Tatum.