Tuesday, May 10, 2016 3:33 pm
Invest Africa, has appointed Paul Hinks, CEO of Symbion Power, as Chairman of Invest Africa in the United States.
Mr. Hinks will spearhead the expansion of the network’s mission to become the pre-eminent global platform dedicated to private sector connectivity in sub-Saharan Africa.
Mr. Hinks retired as the Chairman of the Corporate Council on Africa (CCA) in the United States in April after four years of service, he will assume his new position at Invest Africa on May 9, 2016 and continue as a board member at CCA.
Invest Africa is a private global network of decision makers at some of the world’s leading investment organizations, and provides its members with a multi-service platform for access and investment on the continent. The membership includes fund managers, private and institutional investors, family offices, serial entrepreneurs, corporations and policy makers and thought leaders.
In just three years, Invest Africa has grown to include over 350 members from all across Europe, the United States, the Middle East and Africa, with representation and strong leadership in New York, London, Geneva, Dubai, Lagos and Johannesburg.
Rob Hersov, founder and Chairman of Invest Africa, said “Paul is a great evangelist for investing in Africa and is the driving force of the success of Symbion Power. He has also worked tirelessly during the past four years, to contribute to CCA’s highly respected position of influence in America and Africa. I am proud to welcome him as chairman of Invest Africa USA. He will bring his singular drive to our strategy of ensuring dynamic African entrepreneurs and companies connect with dynamic international capital. We expect US investment in Africa to accelerate, and Paul Hinks, along with Bob Diamond, are the two leading US entrepreneurs making this happen.”
Mr. Hinks, who has over 36 years of energy sector experience in Africa and other parts of the developing world, added, “I am excited to be joining what is a phenomenal new organization. Invest Africa is exactly what we need in the United States and Rob has created an exclusive, yet inclusive atmosphere, where real decision makers and authentic investors are able to meet each other. It’s a network like no other and in the coming years we intend to make it as strong in the United States as it already is in Europe, Middle East and Africa. US investors can do so much more in Africa, and I think we’ll soon see Invest Africa members from the US partnering on the continent with members from other parts of the world, and of course with African entrepreneurs.”