Maasdorp has a BA from the University of the Western Cape and an MSc in economics from the University of London’s School of Oriental and African Studies. He has worked largely in economic policy development, corporate strategy and investment banking.
He worked for the economic planning, labour and public enterprises departments, Deloitte Consulting, Goldman Sachs, Absa Capital and Barclays Capital. In 2011, he was appointed president of Bank of America Merrill Lynch for southern Africa.
He is on the boards of HCI and Telkom, as well as the Soros Economic Development Fund.