Anne Ranasinghe Appointed Head of Risk at Africa50
Casablanca, October 29, 2019 - Africa50, the pan-African infrastructure investment platform, is pleased to announce the appointment of Anne Ranasinghe as Head of Risk.
Anne, a British national, has substantial experience in the African infrastructure space in risk management, operations, and finance. Prior to joining Africa50, she was Managing Director at Anvira for three years providing consultancy services in operations, finance, and corporate governance functions for start-up and established firms. From 2006 – 2016 she was Chief Operating/Finance Officer at Frontier Markets Fund Managers (FMFM), firstly a division of Standard Bank and then operating as Harith Partners UK Limited. FMFM provided fund management and advisory support to the Emerging Africa Infrastructure Fund (EAIF) and GuarantCo (GCo). Anne’s responsibilities included establishing and running the risk, finance and operations functions. She was instrumental in growing the assets under management from $305 million to over $2 billion. She started her career in finance, accounting and operations positions at Standard Bank, Société General, BNP Paribas, and KPMG.
Anne holds an MBA from Cass Business School, a Masters in Control Systems Engineering from Imperial College London, and a BSc (Hons) in Control, Instrumentation, and Systems Engineering from City University.
Anne will develop and lead the enterprise risk management function across Africa50.
“Anne fills one of the last senior positions at Africa50, completing our team. With her wide experience in risk, finance, and operations, including in infrastructure, she will help us establish a first-class enterprise risk framework, assuring that we continue to follow best practices in risk identification and management,” said Africa50 CEO Alain Ebobissé.
“I am very pleased to join Africa50 to continue to work on infrastructure development in Africa. With its high caliber staff, project development and project finance arms, and substantial capital, Africa50 can make a significant difference in helping the continent reach its tremendous potential,” said Ms. Ranasinghe.
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