BOARD OF DIRECTORS OF THE FUND MANAGER ESATAL
Mr. Admassu Tadesse, Chairman, is the President and Chief Executive of the Eastern and Southern African Trade and Development Bank (PTA Bank). Prior to his appointment as President of PTA Bank in 2011, Mr. Tadesse served for 10 years with Development Bank of South Africa as EVP responsible for international finance and corporate strategy. He has also served in various capacities in international institutions and funds, mainly in Johannesburg and New York. He has served and continues to serve on several boards of directors, and is a member of the Institute of Bankers and Institute of Directors, South Africa. Mr. Tadesse holds an MSc from the London School of Economics, an MBA from Wits Business School, and trained at Harvard and INSEAD Business School in banking, private equity and executive leadership.
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Mr. Suresh Advani, CEO is Lead Portfolio Manager responsible for all GML trade finance investment funds. Mr. Advani has spent his entire career in trade finance and credit insurance, having first joined The Chase Manhattan Bank in London, followed by senior positions at Dresdner Kleinwort Wasserstein, Jardine Lloyd Thompson Risk Solutions, and Exporters Insurance Company Limited. In 2014 he was appointed Senior Technical Advisor to the International Chamber of Commerce Banking Commission. He read Philosophy, Politics and Economics at Oxford University.
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Mr. Maheshwar Doorgakant is a Fellow of the Institute of Chartered Accountants of England and Wales and is the Managing Director of Apex Fund Services (Mauritius) Ltd. Mr. Doorgakant holds a number of directorships on the boards of numerous India and Africa focused funds and companies through which he has acquired extensive experience and knowledge on key industries in India and Africa and their principal capital markets. Mr. Doorgakant is also President of the Executive Committee of the Association of Trust and Management Companies of Mauritius. Prior to joining Apex (Mauritius), he was the Group Financial Controller of a major listed group in Mauritius. He had previously managed another Mauritian management company specialising in the management and administration of global business companies.


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Mr. Stefan Pinter is a Founding Partner, CEO and CIO of GML Capital LLP. Having joined GML in 1990 as a Principal, Mr. Pinter has overall responsibility for GML’s investment management and advisory activities. Mr. Pinter began his career at Kidder Peabody in New York (international corporate finance) and then with Kidder Peabody in London (international capital markets). He holds a B.A. in Economics cum laude from Harvard University.

Ms. Bethlehem Shiferaw is the Founder and Managing Director of Lucid Capital Ltd, an investment holding company focused on acquiring and investing in business in Eastern Africa. Lucid Capital invests in partnerships with distinguished leaders of industry as well as respected global organisations. Previously, Ms. Shiferaw has worked as Principal at ONCAP Management Partners, a middle market private equity fund headquarted in Toronto and as an Analyst at Merrill Lynch in New York and Toronto. She holds a BComm (Distinction) in Finance and International Business from McGill University and an MBA from Harvard Business School.
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Mr. Mahmad Tahleb Rujub is a Fellow of the Association of Chartered Certified Accountants (ACCA), a member of the Mauritius Institute of Professional Accountants (MIPA) and the International Fiscal Association (IFA) (Mauritius Branch). He is Head of Tax Services at Apex Fund Services (Mauritius) Ltd. Mr. Rujub also holds other directorships on the boards of global business companies through which he has acquired extensive experience and knowledge on key industries. Prior to joining Apex (Mauritius), he held positions at the Mauritius Ministry of Labour, Industrial Relations and Employment and at a leading Offshore Management Company.