Image

Sanjeev Gupta appointed as InfraCredit’s Chairman

InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, has announced the appointment of Mr. Sanjeev Gupta of AFC as Chairman, replacing the outgoing Chairman Mr. Uche Orji of NSIA.

In addition, InfraCredit welcomes Mr. Aminu Umar-Sadiq and Mr. Reginald Ihebuzor to the Board as Non-Executive Directors representing NSIA, replacing Mr. Orji and Ms. Stella Ojekwe-Onyejeli of NSIA.

The Board and Management of InfraCredit give sincere thanks to Mr. Orji and Ms. Ojekwe-Onyejeli for their manifold contributions to InfraCredit’s development since their appointments as pioneering members of InfraCredit’s Board of Directors in 2016.

Gupta has been a Non-Executive Director of InfraCredit since 2018, chairing the Board Risk & Capital Committee and the Board Remuneration Committee.

Umar-Sadiq is the MD/CEO of NSIA and has more than 15 years’ experience in the financial services sector – spanning public finance management, mergers & acquisitions, private equity and asset management. Prior to this year, Mr. Umar-Sadiq had been an Executive Director of NSIA since 2019, serving as the Head of Direct Investments and leading NSIA’s multi-strategy infrastructure activities.

Ihebuzor has over 20 years’ wide-ranging management level experience that spans the development banking and public reform sectors.

In accepting his appointment as Chairman of InfraCredit and welcoming the new NSIA representatives to the Board, Mr. Sanjeev Gupta said, “I am honoured to assume the role of Chairman of InfraCredit, a truly unique institution whose impact in using credit enhancement to facilitate access to long-term, local currency financing for infrastructure projects is noteworthy.”

Related Posts

Rebecca Mbithi leads Ecobank Kenya

Ecobank Kenya has announced the appointment of Mrs. Rebecca Mbithi as its new Managing Director, subject to final…

Loknath Mishra steps in as new CEO of UBA UK

United Bank for Africa (UBA), widely known as Africa’s Global Bank, has appointed Loknath Mishra as Chief Executive…

Ifeyinwa Osime appointed Chair of Access Bank board

Access Holdings Plc has announced the appointment of Mrs. Ifeyinwa Osime as the new Chairman of the Board…

UBA names Chioma Mang CEO for Africa 1 Operations

The United Bank for Africa (UBA) Group has announced the appointment of veteran banker Chioma Mang as the…