AFC ap­points new Ex­ec­u­tive Di­rec­tors

Daily Trust - - DIGEST -

The Africa Fi­nance Cor­po­ra­tion (AFC) has ap­pointed San­jeev Gupta and Dr. Ade­se­gun Akin-Olug­bade as Ex­ec­u­tive Di­rec­tors.

Their ap­point­ment fol­lowed the or­ga­ni­za­tional re­struc­tur­ing that took place in the place in Jan­uary.

Dr. Akin-Olug­bade was ap­pointed Ex­ec­u­tive Di­rec­tor and Chief Op­er­at­ing Of­fi­cer of AFC from his pre­vi­ous role as Ex­ec­u­tive Di­rec­tor, Cor­po­rate Ser­vices, tak­ing on ad­di­tional re­spon­si­bil­i­ties for IT and the newly-es­tab­lished, In­vestor and Coun­try Re­la­tions func­tions.

He also re­mains as the Cor­po­ra­tion’s Gen­eral Coun­sel and Head of Le­gal Depart­ment.

Dr. Akin-Olug­bade, a Har­vard Law School alum­nus who grad­u­ated top of the Nige­rian Law School Class of 1984 and is a pioneer ex­ec­u­tive of the AFC, has over 30 years ex­pe­ri­ence in the le­gal pro­fes­sion and the financial ser­vices sec­tor, hav­ing worked at both the tech­ni­cal and ex­ec­u­tive man­age­ment lev­els, in the pub­lic and pri­vate sec­tor, for lead­ing com­mer­cial law firms, de­vel­op­ment banks and in­ter­na­tional financial in­sti­tu­tions.

He was pre­vi­ously Gen­eral Coun­sel and Di­rec­tor of the African De­vel­op­ment Bank and pioneer Chief Le­gal Of­fi­cer and Head of Le­gal Ser­vices Depart­ment of the African Ex­port-Im­port Bank. He is an alum­nus of sev­eral Ex­ec­u­tive Man­age­ment pro­grammes (in­clud­ing IMD).

In his new role as Ex­ec­u­tive Di­rec­tor, financial ser­vices, Mr Gupta will have be re­spon­si­ble for the man­age­ment of Trea­sury, Financial Ad­vi­sory and the newly cre­ated Financial In­sti­tu­tions Divi­sion.

Mr. Gupta brings a wealth of ex­pe­ri­ence to the Cor­po­ra­tion. Pre­vi­ously, he was Man­ag­ing Part­ner in charge of Emerg­ing Mar­kets M&A at Ernst Young Trans­ac­tion Ad­vi­sory Ser­vices.

He was also Founder and Man­ag­ing Part­ner of Emerg­ing Op­por­tu­nity Con­sult­ing, as well as Chief Ex­ec­u­tive Of­fi­cer, San­lam In­vest­ment Man­age­ment re­spon­si­ble for Emerg­ing Mar­kets. Mr. Gupta has a bach­e­lor’s de­gree from the Univer­sity of Cal­cutta, In­dia and is an alum­nus of the Said Busi­ness School Ox­ford. He is a fel­low of the In­sti­tute of Char­tered Ac­coun­tants of In­dia (FCA), and a mem­ber of the In­sti­tute of In­vest­ment An­a­lysts of South Africa.

Chidi Okoro

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