Africa Finance Corporation (AFC) has announced that Sarah Alade has stepped down from her position as Chairman of the AFC Board of Directors, effective immediately.
Investec Asset Management, a specialist investment manager, providing a range of products to institutional and individual investors, has hired Peter Baird as Managing Principal for the firm’s Africa Private Equity funds.
CDC Group, the UK’s development finance institution, has selected Nick O’Donohoe as its new Chief Executive Officer, effective June 2017.
BNY Mellon has appointed Dan Watkins as Head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA).
Citi has announced the combination of regional management of the EMEA Global Custody and Funds Services business under Pervaiz Panjwani.
The Carlyle Group has announced that Dele Babade has been retained as an Advisor to Carlyle’s Sub-Saharan African Fund (CSSAF), effective immediately.
The African Private Equity and Venture Capital Association (AVCA) has appointed five industry veterans to join its Board of Directors.
Atlas Mara’s CEO John Vitalo has stepped down from his position and from the company’s board, after the group has announced plans to significantly reduce $20m operating expense and staff cost.
Old Mutual Emerging Markets (OMEM) has appointed Jonas Mushosho as CEO for the Rest of Africa.
African Infrastructure Investment Managers (AIIM) has announced the appointment of Patrick Kouamé as Investment Director, responsible for transaction origination and business development in the French- speaking African regions.
The Southern African Venture Capital and Private Equity Association (SAVCA) has appointed Tanya van Lill as Chief Executive Officer, effective March 1, 2017.
East Africa Private Equity and Venture Capital Association (EAVCA) has appointed Eva Warigia and Esther Ndeti as the Co-Executive Directors to run the Association.
Mediterrania Capital Partners, a private equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, has appointed Pacôme Zahabi as Senior Director for Sub-Saharan Africa, based in Abidjan.
Phatisa, a sector-specific African private equity firm, has hired Martin Kromat as Partner – Portfolio Management in its food focused fund.