Mr Brits has more than 40 years of experience in the financial sector covering a broad spectrum of areas from banking and investment to economics and business management. He holds a BComm in Economics from the University of South Africa and a MSc degree in Banking and Finance from the University of London. He has spent the last 23 years at The Banking Association of South Africa (BASA), first as a General Manager: Financial Markets and currently Head of their Prudential Division. Prior to joining BASA, he was vice president and head of money markets in the treasury of ING Barings, trading in financial markets and managing financial portfolios. He is also the executive director of the Centre of Excellence in Financial Services, a private sector think tank that conducts research into friction points in the financial sector.