AFC appoints new Executive Directors
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.