EMPEA appoints Helios exec as first Africa chair

The Emerging Markets Private Equity Association has appointed Henry Obi, the chief operating officer of Helios Investment Partners, as its first chairman of the newly-created EMPEA Africa Council.

Henry Obi, partner and chief operating officer at pan-African private equity group Helios Investment Partners, has been appointed as chairman of the Emerging Markets Private Equity Association’s Africa Council.

The council has been established to work as an advisory group and comprises senior representatives from private equity firms and investors active in Africa.

Its representatives include Development Partners Internatinal’s Runa Alam; Kofi Bucknor from Kingdom Zephyr Africa Management; Ngalaah Chuphi from Ethos Private Equity; David Creighton from Cordiant Capital; Hurley Doddy from Emerging Capital Partners; Hisam El Khazindar from Citadel Capital; Actis’ Murray Grant; and Davinder Sikand from Aureos Capital, along with a number of other leading private equity executives active in the region.

Obi said in a statement: “I am honoured to be working with this dedicated group of practitioners and taking on this new role within the association. EMPEA has an important and unique function in the region, contributing critical work that promotes the African private equity industry.”

Sarah Alexander, EMPEA’s president and chief executive, added: “Africa plays a key role in demonstrating the transformative power of private equity and offers significant opportunities for investment.  Under Henry’s leadership, the Africa Council will continue to help EMPEA direct its programming to best reflect the needs of the continent within EMPEA’s global emerging markets mandate.”