The Association of Black Securities and Investment Professionals(ABSIP), was established in 1995 to address the apparent lack of representation of black professionals in the securities and investment industry. It was also conceived as a platform to address the aspirations of those in the industry and to create a forum for black professionals to exchange Information and Ideas.
The mandate of ABSIP has evolved to encompass the empowerment of black professionals and black business across the financial industry. Its membership has grown to include sub-sectors such as Asset Management, Corporate Banking, Corporate Finance, Corporate Managerial and Financial Consulting, Employee Benefits, Insurance, Investment Banking, Retail Banking, Private Banking, Private Equity, Stock broking, Treasury and Development Finance Institutions (DFIs).
ABSIP has become widely recognised as an influential force in the transformation of the Financial Sector as evidenced by its participation in drafting the landmark Financial Sector Charter ("FSC Charter"). ABSIP is an affiliate member of the BBC (Black Business Council).