AVCA announces new board chairs, committee members
The African Private Equity and Venture Capital Association (AVCA) has appointed Paul Botha as its new chairman, board of directors. The association equally appointed Genevieve Sangudi as vice chairman, board of directors.
In a statement, it added that Mark Kenderdine-Davies and Jennifer Mbaluto have also been appointed as chairman and co-chairman of the Legal and Regulatory Committee (LRC).
Their appointments, according to the statement, take immediate effect. The statement explained that the appointments were made as AVCA marks the onward journey ahead for a private capital industry at an inflexion point.
Expressing his delight on the new appointments, Chief Executive Officer, AVCA, Abi Mustapha-Maduakor, said: “I am delighted to have Paul and Genevieve as AVCA’s chair and vice-Chair. Their support as existing board members and their extensive knowledge and experience in the industry, will be invaluable as we lead AVCA towards delivering on our ambitious goals for 2022 and beyond.
“I would also like to thank the outgoing chair, ‘Tokunboh Ishmael, and vice-chair, Ziad Oueslati, for their unwavering commitment, support and leadership of AVCA over the past four years. AVCA is unquestionably stronger for their contributions.
“Additionally, I am delighted to welcome Mark and Jennifer as AVCA’s LRC co-Chairs. Their collective experience and deep expertise will be instrumental in defining the committee’s deliverables over the coming months. Our appreciation to the outgoing LRC Committee Chair, Geoffrey Burgess, for his outstanding commitment and valuable guidance over the past five years.”