Aveshen Pillay, Cfa
About Aveshen Pillay, Cfa
Aveshen Pillay is the Executive Director and Head of Global Markets South Africa at UBS, with a strong background in equity derivatives and financial analytics. He has held various roles in prominent financial institutions and has a solid academic foundation in economics, mathematical finance, and data science.
Current Role at UBS
Aveshen Pillay serves as the Executive Director and Head of Global Markets South Africa at UBS. He has held this position since 2022, operating from the Johannesburg Metropolitan Area. In this role, he is responsible for overseeing UBS's equity derivatives business in South Africa, focusing on assessing potential opportunities and implementing strategies to enhance the firm's market presence.
Previous Experience at UBS
Aveshen Pillay has a significant history with UBS, where he worked in various capacities. He was an Equity Cash Sales professional from 2011 to 2013, followed by a role as Associate Director in Equity Derivative Sales, Structuring & Trading from 2013 to 2016. He continued his tenure as Director of Equity & Multi-Asset Derivative Sales, Structuring & Trading from 2016 until 2022, contributing to the firm's growth in the South African market.
Education and Expertise
Aveshen Pillay studied at the University of Cape Town, where he earned a Bachelor of Business Science (B.BusSc) in Economics and Mathematical Statistics from 2005 to 2008. He furthered his education with a Master of Philosophy (MPhil) in Mathematical Finance from 2009 to 2010, and later obtained a Master of Science (MS) in Data Science from 2020 to 2021. His educational background supports his expertise in financial analytics and data-driven solutions.
Career Background
Before his current role, Aveshen Pillay gained diverse experience in the financial sector. He worked at Standard Bank as a Desk Risk Manager for a brief period in 2010 and as a Graduate Trainee. He also served as a lecturer at Financial Training Solutions SA from 2017 to 2019. His early internships included positions at Deloitte, Unilever, and Citibank, which provided him with foundational knowledge in finance and analytics.
Achievements in Financial Analytics
Aveshen Pillay is recognized as a consistently top-rated derivatives research analyst, as noted in the Financial Mail's Ranking the Analysts survey. His work focuses on developing fast and reliable solutions from big data to enhance financial analytics, generate revenue, and support client business growth. He has demonstrated a strong ability to contribute to profit and loss (PnL) and alpha generation while maintaining a diverse client base.