MARK BARNES: TIME LINE

Finweek English Edition - - COVER STORY -

1956

Born

1984

Joined Stan­dard Cor­po­rate Mer­chant Bank (SCMB) in cor­po­rate fi­nance.

1991 - 1996

Deputy MD of SCMB.

1995 - 2000

Chair­man, South African Fu­tures Ex­change.

1996 - 2000

CEO of Cap­i­tal Al­liance and Brait.

July 2000

Ousted as Brait CEO.

April 2001

Barnes and Cala­jero fail to take out ed­u­ca­tion group Ad­vtech at 50c/share.

2002

Barnes, in his role as non-ex­ec­u­tive di­rec­tor of me­dia group Pri­me­dia, ruf­fles feath­ers about ex­ec­u­tive per­for­mances.

July 2007

Pur­ple Cap­i­tal buys into Global Trader.

Fe­bru­ary 2008

Traders at the Euro­pean arm of Global Trader con­spire to sink the de­riv­a­tives player’s in­ter­na­tional busi­ness.

July 2009

Barnes takes the un­usual step of be­com­ing an ac­tive mar­ket maker in Pur­ple Cap­i­tal’s shares.

2009

Barnes leads failed 11th hour bid to pre­vent JSE tak­ing con­trol of the Bond Ex­change of SA.

2010

A year of con­sol­i­da­tion for the Barnes sta­ble as Pur­ple re­or­gan­ises it­self.

2011

Re­mains to be seen...

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