Rupali Gupta has been appointed the Head of Investor Relations at Africa50.
Africa50 is a pan-African infrastructure investment platform that mobilizes long-term savings from within Africa and beyond and private sector funding to promote infrastructure development in the continent.
It is capitalized by 23 African countries, the African Development Bank (AfDB) and two African Central Banks.
Gupta will lead fundraising and development of investor relations with public and private partners and shareholders worldwide.
“This is a great opportunity for me to deepen relations with investors seeking exposure to African infrastructure and raise funds for another important emerging market fund. Improving infrastructure is one of the key requirements for accelerating economic and social development in Africa, and I am excited about contributing to this,” she said of her appointment.
The Indian citizen has a deep understanding of investor preferences and institutional relationships which she used to raise more than $2 billion for four emerging market funds.
With 19 years of experience in private banking, corporate treasury operations, investor relations and fundraising she is one of India’s recognized experts in her field.
Africa50 CEO Alain Ebobissé noted, “Rupali is an important addition to our multi-disciplinary team at Africa50. Her extensive fund raising and investor relations experience in an emerging market context will help us deepen our relationships with existing investors and shareholders, and allow us to build new partnerships and mobilize long-term savings from within and outside the continent to help close the infrastructure funding gap in Africa.”
Prior to joining Africa50, Gupta was the Director of the Investor Management Group at IDFC Alternatives, one of the largest multi-asset class investors in India.
She joins Caroline Wamuyu Wainaina from Kenya who was named Chief Operating Officer of Africa50 in April 2017.