After nearly nine years at the helm of the African Private Equity and Venture Capital Association (AVCA), Michelle Kathryn Essomé, CEO has announced her departure plans.
CDC Group, the UK’s impact investor and development finance institution, has appointed Alexandra Maddy as its new Head of Business Integrity.
African Export-Import Bank (Afreximbank) has re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second 5-year term.
The Chairman of the Dutch Entrepreneurial Development Bank (FMO) Peter van Mierlo has announced that he will step down as the organization’s CEO.
Standard Chartered has appointed Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Mohanty brings over 19 years of diverse and international experience in the banking sector to the AME region. Most recently, Mohanty was the CFO for Standard Chartered Bank’s India franchise, where he played a crucial role in driving the country’s strategic transformation and performance.
The Public Investment Corporation (PIC) has appointed Abel Moffat Sithole as the CEO of the PIC and Executive Director on the Board of Directors for a period of five years.
British Arab Commercial Bank (BACB), a specialist UK bank for African markets, has appointed David Oberheim as its new Director of Anglophone Africa.
Global advisory and fund administration firm Maitland has appointed Dena Brumpton and Denise Everall to the Maitland Board as Non-Executive Directors.
SouthBridge Group, a pan-African financial services firm offering solutions to public and private clients across Africa, has appointed Dr. Frannie Léautier as a Senior Partner.
British Arab Commercial Bank (BACB), the UK bank dedicated to specialist markets, has appointed David Smithson as Associate Director for Anglophone Africa.
Guernsey Finance, the promotional agency for the island’s finance industry internationally, has appointed Rupert Pleasant as its new Chief Executive.
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has appointed Rajaa Berrkia as Director of Sustainability.
Actis has promoted Susan Wilkins, Chief Financial Officer and existing Executive Committee member, into the Partnership, and appointed Shami Nissan, Head of Responsible Investment, to join the firm’s Executive Committee.
South African boutique asset manager Mergence Investment Managers has made several appointments, gearing up for further growth.