Infrastructure-focused development finance institution GuarantCo – a subsidiary of Private Infrastructure Development Group (PIDG) – has strengthened its investment team with the appointment of Dave Chalila as Head of sub-Saharan Africa. Based in PIDG’s Nairobi office, Chalila will be responsible for the growth and management of a portfolio of sustainable infrastructure projects in lower-income countries across the region. Established in 2005, GuarantCo’s core objective is to help close the infrastructure funding gap and alleviate poverty in such countries across Africa and Asia. Chalila joins GuarantCo from Italian export credit agency SACE, where he led the business in sub-Saharan Africa and pioneered innovative funding for multilateral institutions. He previously also spent six years at the International Finance Corporation, developing trade, supply-chain finance and agribusiness portfolios for private sector clients. “GuarantCo has deployed local currency credit solutions that help alleviate poverty and improve quality of life for communities, while advancing towards climate goals,” said Surabhi Mathur Visser, Deputy CEO at GuarantCo. “Dave’s extensive investment banking experience across commercial lending and development finance will help us capitalise on future opportunities in the region and deliver against our ambitious business plan.”
@GuarantCo, a @PIDGorg company, has appointed Dave Chalila as Head of sub-Saharan #Africa Investments. In this new role, Dave will be responsible for a portfolio of #sustainableinfrastructure projects in lower-income countries across the region.https://t.co/h5SbNiSR1C pic.twitter.com/k8dZvS3Ki3
— GuarantCo (@GuarantCo) October 29, 2024
