Mr Andrew Costa obtained his Bachelor of Commerce Degree from the University of Port Elizabeth in 1992 and his LLB degree in 1994.

Before his appointment to the Board, Mr Costa spent 9 years at the Corporate and Investment Banking division of Standard Bank Group Limited where he was a Director and Head of Debt Capital Markets.

Mr Costa has been involved in the issuing of vanilla bonds, high-yield bonds, convertible bonds, bank and insurance capital, preference shares and hybrid capital transactions, raising in excess of R100 billion in local and offshore markets. His clients have included among others, the Republic of South Africa, Anglo American, Barloworld, SAB Miller, Goldman Sachs, Standard Bank and Hyprop.

Mr Costa was a member Standard Bank's focus team that advised on the Municipal Finance Management Act and the Public Finance Management Act. In addition he was a member of the Debt Issuers Association and an approved JSE debt sponsor.

Prior to this, Mr Costa was a director in the corporate law department of attorneys Cliffe Dekker Inc. and specialised in mergers and acquisitions, corporate restructurings, and competition law.

Mr Costa was appointed to the Board on 1 April 2013.