||Amie Bensouda (Chairperson)|
President and Chief Operating Officer
Shore Capital Management
Paul Christensen manages ShoreCap International Ltd., a $28 million international private equity company which invests in financial institutions in developing countries throughout Africa, Asia and Eastern Europe. Having established the company initially in London, Paul is now based in Chicago with responsibility for the company’s overall business development efforts, investment structuring, shareholder relations, Board reporting and development impact measurement. He is the former President and CEO of ShoreBank Enterprise Group, a $12 million-asset small business support organization in Cleveland, Ohio. At ShoreBank Enterprise, Paul managed a $3 million seed capital fund for small firms, a for-profit $5 million small business mezzanine finance company, and over 150,000 square feet of small business incubator space. Paul previously was Vice President of Neighborhood Progress, Inc., a leading civic organization investing in low income, minority neighborhoods in Cleveland. From 1992-1996, he was an Engagement Manager for the consulting firm, McKinsey and Company, where he focused on operations performance, organizational effectiveness and strategic planning for clients in the financial services, manufacturing, consumer goods, petroleum, and electric utility industries. Paul is a former Director of ShoreBank Cleveland and now sits on the Boards of BRAC Bank Ltd. in Bangladesh, BRAC Afghanistan Bank, and Reliance Financial Services Company in The Gambia. Paul received an MBA with distinction from Cornell University and a Bachelor of Arts, economics, summa cum laude and Phi Beta Kappa, from Dartmouth College. He also teaches as an adjunct associate professor at Kellogg School of Management at Northwestern University.
||Jacco Minnar (Triodos)
Jacco currently works as Senior Investment Officer at Triodos Bank, responsible for investments in financial institutions in Africa . He has over 10 years of experience working with the financial sector in the Netherlands , Cambodia , Lao PDR and Vietnam . Before joining Triodos Bank in October 2006, Jacco worked as manager of the Financial Markets Development Program of the International Finance Corporation in the Mekong region. Prior to that he worked with a Dutch consultancy firm and did most of his assignments with ING Bank and Postbank NV. Jacco holds a Master of Science degree in Industrial Engineering and Management Science and he is a candidate for the Chartered Financial Analyst (CFA) designation. He is a Dutch citizen.
Jacco was nominated as a director to the Reliance board by Triodos-Doen foundation, a microfinance investment fund managed by Triodos Bank. Since 1994 Triodos Bank has contributed its unique expertise as a socially responsible bank to the microfinance sector. Triodos Bank strongly believes that professional provision of financial services in developing countries, in particular to micro entrepreneurs, is crucial for the development of a local economy. It enables businesses to grow, to generate income and to create jobs. Professional microfinance, therefore, has significant impact on the reduction of poverty. Triodos Investment Management manages three funds that provide finance, both debt and equity, to more than 60 microfinance institutions in approximately 30 developing countries: the Triodos-Doen Foundation, the Hivos-Triodos Fund Foundation, and the Triodos Fair Share Fund. The total amount under management for the microfinance funds is approximatley EUR 110 million in 2007. As representative on the Board of Directors of several specialised microfinance banks Triodos Bank contributes actively to the governance by sharing the expertise of Triodos Bank in sustainable banking and microfinance. For more information please visit: www.triodos.com/microfinance or contact firstname.lastname@example.org
Ebenezer Olufowose is an Executive Director at Access Bank Plc, Nigeria. Prior to joining Access Bank in June 2007, he was a Director with Citigroup, and an Executive Director and Head of Corporate Finance at Nigeria International Bank Limited, a subsidiary of Citigroup in Nigeria.
Prior to joining Citigroup in 2002, he was pioneer Managing Director of Guaranty Trust Bank (Gambia) Limited, on secondment from Guaranty Trust Bank plc Nigeria, where he was General Manager and Head of Corporate Finance & Investment Banking.
Ebenezer is a first class honours Economics graduate of the University of Lagos, Nigeria. He also holds a masters degree in International Economics from the University of Sussex, Brighton, England, where he studied as a Sir Adams Thompson Scholar.
||Baboucarr Khan - Chief Executive Officer
Before joining Reliance, Baboucarr was the Head of Consumer Banking at Standard Chartered Bank (SCB) in The Gambia and a member of the bank’s management team. Baboucarr managed a revenue budget of $7 million (about 60% of SCB’s budget) and a team of 70 people with overall responsibility for strategy, budget, product innovation, staff motivation and training, risk management and service delivery.
At SCB, Baboucarr was responsible for impressive growth and innovation. In 2004, Baboucarr and his team won the bank’s coveted Cowbell award for achieving the highest year on year revenue growth in the entire SCB group, 53%. Additionally, in line with the consumer banking division’s asset led growth strategy, Baboucarr re-launched the personal installment loan product with the introduction of direct sales representatives, which resulted in the portfolio increasing from $1.6 million to $3.8 million in six months representing an increase in market share from 10% to 50%. More recently, in 2005, Baboucarr led his team to another group award for being the business with the highest year on year growth in deposits. Baboucarr was also instrumental in developing and launching the first ever-residential mortgage product in the Gambia.
Prior to his role as Head of Consumer Banking, Baboucarr was the Financial Controller of Standard Chartered Bank where he was pivotal in spearheading series of process re-engineering programs resulting in cost savings of $500,000, earning his department the Cost Olympic Award. Whilst in this department, Baboucarr ensured that the unit achieved a 100% success rate in reporting to both the group finance and the local regulators.
Before working at Standard Chartered, Baboucarr was Head of Audit at KPMG. The clientele portfolio included Banking, Insurance, Telecommunications, Groundnut processing, Development Organizations, Multi-lateral Organizations, Port and Harbour and Pensions.
Baboucarr is a Fellow of the Association of Chartered and Certified Accountants (ACCA) in the UK.