GuarantCo, a Private Infrastructure Development Group (PIDG) company, has strengthened its Investment team with the appointment of Dave Chalila as Head of sub-Saharan Africa. In this new role, Dave will be responsible for the growth and management of a portfolio of sustainable infrastructure projects in lower income countries across the region. He will be based in PIDG’s Nairobi office. 

Chalila joins the team from SACE SpA, the Italian export credit agency, where he led the business in sub-Saharan Africa and pioneered innovative funding for African multilateral institutions.

Prior to that, he spent six years at International Finance Corporation building the trade, supply chain finance and agribusiness portfolio for private sector clients.

He has also worked for Standard Bank and Rand Merchant Bank in Johannesburg, and TDB Bank in Nairobi. 

Chalila has originated, structured and managed medium- and long-term debt transactions with clients across a diverse range of sectors including energy and transport infrastructure, agribusiness and manufacturing, delivering both positive financial returns and development impact. 

He holds a Bachelor of Arts degree in Accounting and Finance from the University of Strathclyde.

Surabhi Mathur Visser, Deputy CEO of GuarantCo, said: “We are excited to welcome Dave to our Investment team. Since 2005, GuarantCo has deployed local currency credits solutions that help alleviate poverty and improve quality of life for communities, while advancing towards climate goals. Dave’s extensive investment banking experience across commercial lending and development finance will help us capitalise on future opportunities in the region and deliver against our ambitious business plan.”