
Ken Costa
Chairman for International Business, Lazard UK
Place of Birth: South Africa
The courtship by Sunil Mittal's Bharti Airtel of Cyril
Ramaphosa's MTN hit the rocks in May. Enter the next ardent
suitor: Anil Ambani's Reliance Communications. A marriage
between Reliance, India's second largest mobile operator,
and MTN, Africa's largest, would create a company that reaches
across South Asia, the Middle East and Africa. Reliance has asked
Ken Costa of Lazard International (see page 7)to serve
as matchmaker.
Born in South Africa, Costa attended the University of
the Witwatersrand, where he studied law and philosophy. After
postgraduate work at Cambridge University, Costa remained in Britain,
joining SG Warburg, the investment bank that was later swallowed
by UBS. While there, he arranged some high-profile marriages,
overseeing Anglo American's takeover of the DeBeers diamond company
and Standard Chartered's acquisition of Korea First Bank.
His long career at UBS came to an end in 2007, when Lazard hired
him to rebuild its flagging presence in Europe. A successful MTN-Reliance
hitch-up would win Lazard plenty of prestige in Africa and India,
two markets where the investment bank is less well known.
A former anti-apartheid activist, Costa has also become a bestselling
author and guru. In 'God at Work', the devout Christian explains
how to reconcile faith with the workplace. He is also chairman
of Alpha International, an evangelical organization, and a trustee
of the Nelson Mandela Children's Fund.

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