Meet the Advisors
Jean-Pierre is the Executive Director of CIEL Ltd and non-Executive Director of Kibo Capital Partners Ltd. Jean-Pierre has had a long and successful career with the Ciel Group starting in the industrial operations in 2006 and playing a key role in the development of the overall Group’s operations both in Mauritius and internationally. In 2007, he co-founded KCP with Thierry Hugnin and represented the management team on the Investment Committee of The Kibo Fund. Jean-Pierre holds a MBA at International University of America (San Francisco California), and worked with Andersen in Paris and Mauritius before joining the Ciel Group.
Iqbal is Chairman of The Kibo Fund. He is a Masters of Law graduate from the London School of Economics. Iqbal is the leading partner of BLC Chambers, one of the leading law firms in Mauritius, and is specialised in the practice area of Banking and Finance, Litigation and Dispute Resolution, project, Privatisation and Infrastructure. He has spent more than ten years at the Attorney General’s office in Ministry of Justice which he left at the position of Assistant Solicitor General to work in general practice. Iqbal was appointed the first Executive Director of the Mauritius Offshore Business Activities Authority (MOBAA) which spearheaded the establishment of the offshore business sector later becoming Chief Executive Officer of the Financial Services Commission, the regulator of the global sector in Mauritius. Over his distinguished career, he has held several directorships including the Bank of Mauritius. Iqbal has been a founding member of Amnesty International in Mauritius and has chaired meetings of the organisation outside Mauritius.
Sushil is Chairman of The Kibo II Fund LLC. Following a post-graduate degree in economics, Sushil started his career in 1976 at the Research Department of the Bank of Mauritius; in 1989 he set up a stockbroking and investment business. Elected Chairman of the Stock Exchange of Mauritius in 1993 and 1994, he expanded trading and issuance activities, and enhanced stock market infrastructure. In 2000, he was elected a Member of Parliament in Mauritius, and was appointed Minister of Economic Development, Financial Services and Corporate Affairs, and also later Minister of Industry, until July 2005. In this capacity, he led a wide-ranging program of economic and financial reforms. Between October 2005 and June 2008, he acted as Senior Adviser to the President of the African Development Bank, dealing mainly with strategic, finance and private sector issues. From 2008 until his retirement from the Bank in 2011, he was the AfDB Resident Representative in Egypt. He then completed a six month consultancy as Counselor to the President of the African Export Import Bank, to set up a Private Sector African Trade Policy Committee. He resettled in Mauritius in 2012.
Alain has had a long career in Europe, Mauritius and Asia in both the financial services and the manufacturing sector. He started his career at Coopers & Lybrand in the UK before joining Citibank SA in Paris. He later was Senior Vice President and Chief Financial Officer of the Novel Denim Group (a Hong Kong based group) operating in the garments sector in Mauritius, Madagascar and Asia which he successfully introduced on NASDAQ. He was later Regional Corporate Director of Barclays Plc in Mauritius between 2005 and 2006. Alain is an independent director of the State Bank of Mauritius and is Chairman of the Investment Committee of the Kibo funds.
Ben is an independent Board member of The Kibo Fund II LLC. Until his retirement in June 2012, Ben was Senior Investment Officer of the Equity Department of the Netherlands Development Finance Company (FMO); an African specialist, he was responsible for around 30 Private Equity funds with a focus on investing in SMEs in Africa. During his 30 years tenure at FMO, he initiated many projects for FMO, mainly in the financial sector and private equity business in Africa. These include the Bank of Africa Group, active in 16 African countries, and the Afriland First Bank Group, which operates in 4 Central African countries. At FMO, Ben played a key role in initiating the private equity Business in Africa through FMO's first participation and led to the founding of several private equity firms in SSA notably in the Cameroons (Cenainvest), Nigeria (Capital Alliance), Zambia (Cavmont) and Mauritius (KCP). He is also a founding member of the Africa Venture Capital Association (AVCA) and Chairman of Africinvest Capital Partners.
Pierce is non-Executive Director of KCP. He is a Chartered Accountant and an experienced private equity professional having been a director of DCC, Alchemy Venture Partners and Managing Director of Apax Partners in Ireland. Since 1998, he has pursued an entrepreneurial career and has been the founder / co-founder of several successful companies, a number of which floated on the London and Frankfurt Bourses including Fayrewood (IT), ComputerLinks (IT), Imprint (Recruitment) and Getmobile (Telecoms). He runs his own private investment office and spend his time between Dublin, London and Mauritius. He sits on the board of several companies.
Eric is a well-known business leader, entrepreneur and philanthropist in Kenya. He holds an LLB (Laws) University of London, is an Advocate of the High Court of Kenya and a Fellow of Certified Public Accountant (FCPAK). He started his career in finance in 1979 and occupied various senior positions in a number of leading businesses in Kenya. Between 2001 and 2004, he was the CEO of the Kenya Tea Development Agency and later at Sameer Africa. He is amongst others, an independent member of the Board of I&M Bank in Kenya. He has chaired and continues to chair a number of charities and is a long standing and senior regional leader in the Rotary movement in Africa. Eric is a member of the Board of The Kibo Fund bringing his wealth of knowledge of East Africa.