ARM-Harith
May 30, 2020

ARMHIIL names Tariye Gbadegesin as MD & CIO

ARM-Harith announces the appointment of Mrs. Tariye Gbadegesin as Managing Director and Chief Investment Officer. Mrs. Gbadegesin succeeds Mr. Opuiyo Oforiokuma.

Gbadegesin is an investment professional with over 20 years of experience in the financial services sector and over US$ 3 billion of transactions under her belt. She joins ARM-Harith from the Africa Finance Corporation, where she managed the Industrials and Telecommunications Infrastructure business and served as a member of the Risk Committee.

Mrs. Gbadegesin was on the founding team that established the Africa Finance Corporation (AFC), a pan African DFI with US$6 billion under management where she led several of AFC’s investments in the sectors of power, transport, industrials and telecommunications infrastructure. She spearheaded the firm’s deployment of debt and equity capital across Africa. In that role, she delivered investments of over US$800 million. She served as non-executive Director on the Board of the Main One Cable Company, a telecoms and data services company serving West Africa and Cabeolica Wind IPP in Cape Verde, the first commercial wind IPP in sub-Saharan Africa.

Mrs. Gbadegesin brings with her, a wealth of global experience from working at the International Monetary Fund, Boston Consulting Group and PricewaterhouseCoopers.

Speaking on the appointment, Sadiq Mohammed, Deputy CEO at ARM Group and Non-Executive Director at ARMHIIL said

“The Board is delighted to have appointed Gbadegesin as our new MD/CIO after a thorough and rigorous global selection process”

"We are thrilled to welcome Mrs. Gbadegesin who brings wide-reaching and deep experience in financing infrastructure across Africa. She has a track-record of building a profitable, successful infrastructure business and mobilizing capital to Africa. ARM-Harith, it’s investors, and the communities it serves in West Africa will benefit from her experience and leadership”.

Mrs.Tariye Gbadegesin will work closely with the ARM-Harith Board and team to achieve the vision of the business.

About ARM- Harith Infrastructure Limited  (ARMHIIL)

ARM-Harith Infrastructure Investment Limited (ARMHIIL) is a joint venture between Asset & Resource Management Company Limited (ARM), a Nigerian institutional investor with $2.3 billion of assets under management and Harith General Partners (Pty) Limited (Harith), a South African infrastructure fund manager with over $1 billion of assets under management. ARMHIIL is an Infrastructure Fund Manager that invests equity and quasi equity in pioneering and sustainable infrastructure projects in the sectors of transportation, energy, water and utilities in West Africa.