World Courant
The African Growth Financial institution Group ( appointed Ousmane Fall, a Senegalese nationwide, as Director of Non-Sovereign Operations and Non-public Sector, efficient from the first of August 2023.
Fall takes on this new function with 17 years of expertise. He spent the final 4 years on the Worldwide Finance Company (IFC), the place he offered strategic management on nation planning and ministerial dialogue within the African infrastructure house.
On the IFC, Fall coated numerous sectors, particularly water, waste and sanitation; transport and vitality; logistics; and telecommunications. He additionally oversaw the institution of the Municipal Financing Platform for Sub-Saharan Africa.
Fall developed and executed the primary asset-backed securities funding for entry to vitality in Africa, in addition to the primary personal sector investments in hydro and photo voltaic in Gabon and Benin. Different firsts had been a gas-to-power technique for the Senegalese authorities, and the primary municipal financing technique for the cities of Dakar, Cotonou, Abidjan, and Douala.
He additionally led enterprise growth efforts throughout Africa, constructing robust relationships with personal sector shoppers, central and native governments, cities, and chosen sovereign-owned entities on the bottom.
Fall earlier labored on the African Growth Financial institution Group for 10 years. He held a number of positions, together with these of appearing supervisor for the Technique and Transactions Help Division, and officer in cost for the Non-Sovereign Infrastructure Division, offering key advisory providers and transaction help to Non-Sovereign Operations origination departments. He oversaw challenge officers in such areas as debt and assure transactions design, challenge bankability evaluation, capital structuring, challenge credit score enhancement, monetary leveraging, and monetary modelling.
He additionally spearheaded data administration and coaching on non-sovereign operations. He established non-sovereign operations modules on challenge finance, company loans, monetary modelling, technical help, shopper relationship administration, and fairness investments. Fall was a profitable funding officer, delivering landmark personal sector transactions on the Financial institution.
He has in depth data of African debt and fairness markets, assure merchandise, derivatives, and credit score enhancement devices. Fall led the execution of the primary African Growth Financial institution Group non-sovereign operations transactions in agriculture, well being and training, and the primary port dredging and gas-to-power initiatives. He additionally served within the Financial institution’s Public Sector Division, the place he labored on photo voltaic initiatives in Morocco, hydro initiatives within the Democratic Republic of the Congo, Sierra Leone, Cameroon, Guinea, and different transmission initiatives in Nigeria and Zambia. He additionally labored within the Threat Division, the place he contributed to the definition and implementation of the Financial institution’s Capital Adequacy Framework and Publicity Administration Coverage.
Earlier than becoming a member of the African Growth Financial institution, Fall was an funding banker within the Structured Finance Division of Société Générale in Paris.
Fall holds a Grasp of Science in Finance from INSEEC Enterprise and Administration Faculty in France (2005).
Commenting on his appointment, Fall stated: “I’m honoured and grateful that President Adesina appointed me to this place. I look ahead to working underneath his management to serve the premier monetary establishment of the continent in its formidable imaginative and prescient to remodel the African continent by way of the personal sector.”
African Growth Financial institution president, Dr Akinwumi A. Adesina, stated: “Ousmane has a confirmed monitor file of delivering leads to personal sector transactions. He’ll guarantee the general effectiveness of the Financial institution’s Non-public Sector operations by way of non-sovereign operations challenge and company portfolio administration in addition to transaction help to non-sovereign operations origination departments.”
Distributed by APO Group on behalf of African Growth Financial institution Group (AfDB).
Contact:
Kwasi Kpodo
Communication and Exterior Relations
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African Growth Financial institution appoints Ousmane Fall as Director of Non-Sovereign Operations and Non-public Sector
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