Ibrahim Sagna

Last updated

Ibrahim Sagna
Born
Ibrahim Sagna

1975 (age 4849)
Nationality Senegal
Alma mater Boston College
Carroll School of Management
Occupation(s)Financier, business executive
EmployerSilverbacks Holdings (2022–present)
Known for Private equity
Title Executive chairman at Silverbacks Holdings

Ibrahim Sagna (born 1975) is a Senegalese financier and business executive. [1]

Contents

Since November 2022, Sagna is executive chairman at Silverbacks Holdings, a Mauritius-based private investments firm. [2] Addition to this, he is a founding partner and the vice-chairman of Cape Town Tigers, the BNL and the BAL participating basketball club, since July 2022. [3] Prior to this, Sagna served at African Export-Import Bank as global head responsible for advisory and capital markets between June 2017 and October 2022. [4] From August 2015 until June 2017, he was head of financial advisory at Africa Finance Corporation. [5] Between 2014 and 2016, Sagna was a board director of the Rwanda Capital Markets Authority, a Kigali based CMA operates as the capital market regulator of Rwanda that facilitated in the creation of the Rwanda Stock Exchange. [6]

Sagna started career as a financier in U.S in 1996 after graduating with Bachelor of Science in finance from Boston College. Since September 1996, he served at International Monetary Fund as economic systems officer based in Washington, D.C, U.S. until September 1998. [7] Between November 1999 and August 2004, he was investment officer at Emerging Capital Partners based in Washington, D.C, U.S. [8] In July 2023, Sagna was appointed to serve on the governing body of Global Sports Summit. And in the same year, he was listed on Top 100 Most Influential Leaders in Africa by the New African. [9]

Early life and education

Sagna born in 1975, Dakar, Senegal. Between 1992 and 1996, he attended Boston College in U.S., he graduated with Bachelor of Science in finance, general management, and information systems. In 1998, Sagna further enrolled in Carroll School of Management in U.S. to pursue a postgraduate degree, and he earned a Master of Science in finance there in 1999. While he was at the college, Sagna co-founded PATU (Presenting Africa To U), the African student association at Boston College. [10] Sagna earned various executive educations, where since 1996, he holds certificates in General Management from Harvard Business School. [5] He has master class certificate in Private Equity from London Business School earned in 2008, and certificate in Leadership Transition courses from INSEAD since 2021. [11]

Career

After graduating at Boston College with a Bachelor of Science in finance in 1996, Sagna started working at International Monetary Fund as economic systems officer based in Washington, D.C, U.S. In November 1999, he joined Emerging Capital Partners in same city, he was appointed as investments officer he served in this position for 5 years until August 2004. [12] In November of the same year, Sagna became the chairman and CEO responsible for Africa at The Resource Group, a Washington DC based investment holding company, popularly known to own IBEX Global. He served in this position until February 2007. [13]

In February 2008, Sagna relocated from Washington DC, U.S. to Geneva, Swiss to join Millennium Global Investments Limited, he was appointed as head responsible for Africa market opportunities. [14] He served this position for one year long, in March 2009, Sagna moved to England to serve as CEO at Blackthorn Capital Partners, a London based pan-African investment firm, until February 2012. [15] [16] Since 2012, he served as managing partner at Century Private Investments renamed to First Continent Group, a Seychelles based investment holding company focused on asset management related solutions primarily targeting Namibia and Rwanda sovereigned owned entities. [17] Addition to this, in August 2015, Sagna joined Africa Finance Corporation, he was appointed as a head responsible for financial advisory. [18] He served this position for 2 years, in June 2017, Sagna joined African Export-Import Bank where he served as global head responsible for advisory and capital markets based in Cairo, Egypt. [19] The position he served until November 2022 when he became executive chairman at Silverbacks Holdings. [20] Sagna is on boards of a Johannesburg-based Founders Factory Africa and a Kigali-based Fund for Export Development of Africa (FEDA). [21] He is an advisory board member for Dubai-based Beacon Media, and a mentor at California-based Draper University. [22] [23]

Related Research Articles

<span class="mw-page-title-main">International Finance Corporation</span> World Bank Group member financial institution

The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.

<span class="mw-page-title-main">Donald Kaberuka</span> Rwandan economist

Donald P. Kaberuka is a Rwandan economist and was the president of the African Development Bank from September 2005 until September 2015.

<span class="mw-page-title-main">Tidjane Thiam</span> Ivorian businessman

Tidjane Thiam is an Ivorian and French businessman, and the executive chairman of Freedom Acquisition Corp. He was the chief executive officer (CEO) of Swiss bank Credit Suisse from March 2015 to February 2020. He was the chief financial officer of British banking group Prudential from 2007 to 2009, and then its CEO until 2015. In 2019, Thiam became a member of the International Olympic Committee (IOC).

Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa. Sanlam is the largest insurance company in Africa. It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X. Established in 1918 as a life insurance company, Sanlam Group has developed into a diversified financial services business. Its five business clusters comprise Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate and Santam.

<span class="mw-page-title-main">African Export–Import Bank</span> Pan-African financial institution

African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It was officially launched at the first general meeting of the shareholders in Abuja, Nigeria, in October 1993. It is headquartered in Cairo, Egypt. Afreximbank is a financial provider to African governments and private businesses in support of African and Caribbean trade.

<span class="mw-page-title-main">Kingsley Moghalu</span> Nigerian political economist

Kingsley Chiedu Moghalu OON is a Nigerian political economist. He served as Deputy Governor of the Central Bank of Nigeria, appointed by President Umaru Musa Yar'Adua, from 2009 to 2014. He subsequently taught at Tufts University as Professor of Practice in International Business and Public Policy at The Fletcher School of Law and Diplomacy from 2015 to 2017. He was the presidential candidate of the Young Progressive Party (YPP) in the country's general election in February 2019.

<span class="mw-page-title-main">Olusegun Olutoyin Aganga</span> Nigerian politician (born 1955)

Olusegun Olutoyin Aganga is a Nigerian politician who served as the Minister of Industry, Trade, and Investment of Nigeria from 2011 to 2015. He was first nominated by President Olusegun Obasanjo and appointed by President Goodluck Jonathan as the Minister of Finance from 6 April 2010 to June 2011.

<span class="mw-page-title-main">I&M Holdings Limited</span> Kenyan financial services conglomerate

I&M Holdings Limited, also I&M Bank Group, is a conglomerate comprising banks, an insurance company and investment advisory businesses. The group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Mauritius, Rwanda, Tanzania and Uganda. The flagship company of the group is I&M Bank Limited, with headquarters in the I&M Bank Tower on Kenyatta Avenue in the central business district of Nairobi, Kenya's capital and largest city.

<span class="mw-page-title-main">India–Rwanda relations</span> Bilateral relations

India–Rwanda relations are the foreign relations between the Republic of India and the Republic of Rwanda. India is represented in Rwanda through its High Commission in Kigali which opened on 15 August 2018. Rwanda has been operating its High Commission in New Delhi since 1999 and appointed its first resident High Commissioner in 2001.

<span class="mw-page-title-main">James Harmon</span>

James A. Harmon is chairman of the Egyptian-American Enterprise Fund, and an American fund manager; founder, chairman and chief investment officer of Caravel Management LLC; longtime investment banker; and co-chairman of the World Resources Institute. He was the 18th chairman and president of the Export–Import Bank of the United States, and has served on numerous public and private boards of directors.

Britam Holding PLC is a leading diversified financial services group and is listed on the Nairobi Securities Exchange. The group has presence in seven Africa countries in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique and Malawi.

<span class="mw-page-title-main">Silverbird Group</span> Multi-media company in Nigeria

The Silverbird Group is a diversified multi-media company with holdings in Radio, Television, Real Estate, and Cinemas headquartered in Lagos, Nigeria. The company was established in 1980 by Ben Murray-Bruce and counts Silverbird Cinemas and the Most Beautiful Girl in Nigeria (MBGN) and Mr Nigeria pageants amongst its holdings. Its businesses divisions are Silverbird Properties, Silverbird Film Distribution, Silverbird Communications, Silverbird Cinemas, Silverbird Production, and Dream Magic Studios.

Kemi Adeosun is the former Finance Minister of Nigeria and former chairman of the Board of African Export–Import Bank (AfreximBank).

Africa Finance Corporation (AFC) is a pan-African Multilateral Development Financial Institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa's infrastructure deficit and challenging operating environment. The Corporation bridges the infrastructure investment gap through the provision of debt and equity finance, project development, technical and financial advisory services.

<span class="mw-page-title-main">Elizabeth Littlefield</span> American businesswoman and executive

Elizabeth L. Littlefield is an American businesswoman and executive. She is the Senior Partner and co-founder of West Africa Blue, and Senior Advisor at Pollination, a climate change investment and advisory firm. She chairs the Board of M-KOPA solar and serves on the board of the World Wildlife Fund (US).

Samallie Kiyingi is an Australian-Ugandan finance lawyer, who works as the Global General Counsel at Standard Chartered Bank, for Corporate, Commercial and Institutional banking. Contemporaneously, she serves as the bank's General Counsel for Europe and the Americas. She is based in Singapore. Her tenure at SCB began in October 2023.

Creative Africa Exchange (CAX) is a platform and event bringing together African creatives from different industries to explore business opportunities. Its focus is on music, film, and fashion. It has been described as "Africa's first continental event dedicated to promoting exchange within the creative and cultural industry." The first event was held in Kigali, Rwanda in January 2020.

The Export-Import Bank of India is a specialized financial institution in India that was established in 1982. The bank's primary function is to finance, facilitate and promote India's international trade. It is owned by the Government of India and operates as a statutory corporation. Its operations are governed by the Export-Import Bank of India Act, 1981.

Benedict Okechukwu “Okey” Oramah, CON, is a Nigerian economist who currently serves as President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank).

Tariye Gbadegesin is a Nigerian-American businesswoman and corporate executive who is the chief executive officer of the Climate Investment Funds (CIF), effective 1 March 2024. She is the first African woman to serve in that role. She is based in Washington, DC, United States. Before that, she served as the CEO of the Lagos, Nigeria-based ARM Harith Infrastructure Investments, a joint investment fund owned by the Asset & Resource Management Company Limited ("ARM") of Nigeria and Harith General Partners (Pty) Limited ("Harith") of South Africa. Tariye was also the co-chair of the Voluntary Carbon Markets Integrity Initiative (VCMI), a global initiative to mobilize high integrity carbon markets.

References

  1. "Ibrahim Sagna | Milken Institute". milkeninstitute.org. Retrieved 1 February 2024.
  2. Clark, Jeanette (16 June 2023). "The case for investing in African sports: Investor interview". How we made it in Africa. Retrieved 1 February 2024.
  3. "Cape Town Tigers (SOUTH AFRICA)". The BAL. Retrieved 13 February 2024.
  4. "Africa is best place for investors – Afreximbank boss". GhanaWeb. 19 August 2019. Retrieved 1 February 2024.
  5. 1 2 "Afreximbank Appoints Director for Advisory and Capital Markets". African Export-Import Bank. 13 July 2017. Retrieved 1 February 2024.
  6. https://allafrica.com/stories/201408060981.html
  7. "Ibrahim Sagna". The Africa Soft Power Project, and Africa Month, is an initiative focused on how Africa can leverage its cultural and creative industries. Retrieved 1 February 2024.
  8. Andrea, Ayemoba. "Afreximbank appoints Ibrahim Sagna Director for Advisory and Capital Markets". Africa Business Communities. Retrieved 1 February 2024.
  9. Kamau, Winnie (29 December 2023). "New African Magazine reveals the 100 Most Influential Africans of 2023". Talk Africa. Retrieved 13 February 2024.
  10. "Issuer Services | London Stock Exchange". www.lsegissuerservices.com. Retrieved 1 February 2024.
  11. "Ibrahim Sagna". London Business School. Retrieved 2 March 2024.
  12. MarketScreener (14 July 2017). "African Export-Import Bank Appoints Ibrahim Sagna as Director for Advisory and Capital Markets -July 13, 2017 | MarketScreener". www.marketscreener.com. Retrieved 1 February 2024.
  13. CMA annual report 2013-2014.pdf
  14. "Ibrahim Sagna | HuffPost". www.huffpost.com. Retrieved 2 February 2024.
  15. Karabell, Shellie (18 December 2009). "INSEAD initiatives seek to foster growth in Africa". INSEAD Knowledge. Retrieved 2 February 2024.
  16. https://allafrica.com/stories/201106031242.html
  17. "Private Recreation of Wealth in Africa". HuffPost. 25 February 2013. Retrieved 2 February 2024.
  18. "Ibrahim Sagna | Speaker | Harvard's 25th Annual African Business Conference". www.africa-hbsclub.com. Retrieved 2 February 2024.
  19. "$2.3bn worth of Afreximbank investments in Egypt, says Sagna – Instinct Business Magazine". 6 August 2019. Retrieved 2 February 2024.
  20. "How Africa's next generation can solve world's most pressing challenges | Business News Africa". Financial Fortune Media. 21 December 2022. Retrieved 2 February 2024.
  21. https://silverbacks.holdings/our-press-%26-publications/f/ibrahim-sagna-appointed-to-the-board-of-founders-factory-africa
  22. West, Stuart (11 October 2023). "Monetising sports and the creative economy". African Business. Retrieved 16 February 2024.
  23. https://african.business/wp-content/uploads/2023/12/NA_MIA23.pdf