Management
Profiles of the shareholders of Loita Holdings Corporation who serve in the executive management of the Loita Group:
N. Justin Chinyanta, a Zambian citizen, acts as Chairman and Executive Officer of the Loita Group. He is a Barrister at Law with training from the Law Practice Institute of Zambia supported by a Bachelor's degree in law from the University of Zambia. Mr. Chinyanta is a specialist and an expert in the financial markets of eastern and southern Africa, with over twenty years of professional experience in commercial and investment banking in the region. Prior to forming Loita Holdings Corporation, he held senior positions with Citibank and HSBC Equator Bank in Africa. Mr. Chinyanta sits on various Boards of private African corporations and NGOs as well as serves on Zambian Investment and Business Advisory Committee. He is Executive Vice President for the Southern Africa Chapter of the Africa Business Roundtable and has been appointed on the Expert Roster of the United Nations Institute for the Training and Research for the Debt, Financial Management & Negotiation Programmes. Mr Chinyanta is also used as an expert resource by the Macro-economic Finance Management Institute, grouping 12 African countries and the African Export Import Bank. Justin Chinyanta has been invited by Harvard University Weatherhead Center for International Affairs(WCFIA) to become a Fellow. His Fellowship commenced in September 2008, where he is a Fellow in residence. As a Harvard Fellow, he will be appointed as an officer of Harvard University.
Yousef S. Bazian, a Jordanian citizen, acts as Executive Director of Loita Holdings Corporation Limited and Chairman of Fintech International Ltd. Mr. Bazian holds a Bachelor's degree in Finance from Yarmouk University, Irbid, Jordan. Prior to forming Loita Holdings Corporation, he worked with Citibank and HSBC Equator Bank in Africa, rising to senior relationship management positions. He has also held senior management positions with Cairo Amman Bank in Jordan, and with Arthur Andersen's Corporate Finance division in Riyadh, Saudi Arabia. Mr Bazian sits on the Boards of various African companies. Mr Bazian currently operates as a Senior Officer with a Consulting Company out of Dubai
Dr. Delwin Roy, an American citizen, is the Secretary/Treasurer of Loita Holdings Corporation (Bahamas) and Chairman of Loita Transaction Services (LXS). Dr. Roy is the chief officer for corporate governance and compliance, corporate social responsibility, and legal affairs. He also contributes to the Group's strategic planning and management. Dr. Roy holds degrees from the University of California, Berkeley (BS and MBA) and Ph.D. from the Krannert School of Industrial Management, Purdue University. He has served as a Fellow, Center for International Affairs, Harvard University; Senior Fellow, Wharton Applied Research Center; Research Associate, Middle East Research Institute, Un iv. of Pennsylvania; and, Visiting Professor, School of Law, Stanford University. Dr. Roy's international professional career includes positions with Cornell University, School of Business and Public Administration; U.S. Agency for International Development; The Ford Foundation; Citibank, N. A., and The Hitachi Foundation (formed by Hitachi, Ltd.) where he served 13 years as Founding President and CEO. His publications include extensive works on Middle Eastern economic policy, education and economic development, international business administration, global corporate responsibility, and public enterprise management. Dr. Roy also serves as Chairman and President, The Eric Edward Roy Fund for Education in Africa (Eric Roy was a Founder of the Loita Group), and is a board member of the Orphan Support Africa, a not-for-profit group committed to building community capacity in support of HIV/AIDS orphans in Africa. He is also a board member of the Santa Cruz County Volunteer Center
W. G. Barry Ryan, an Australian citizen, is the Managing Director of Fintech International Ltd. Also a former Citibank manager, Mr. Ryan has over nineteen years of experience in planning, developing and implementing banking automation and telecommunications solutions in Africa. He holds a Bachelor's degree in Engineering from Sydney University and a Postgraduate degree in Data Processing from the University of Technology in Sydney. As the Technology Head for Citibank until 1993, he was responsible for managing the technology requirements for the bank's twenty-two branches in eleven countries across Africa.
Profiles of Senior Executives of Loita Group:
Abidé Bibitayo Takou, a Togolese national and Associate of Loita Capital Partners International, is part of the Structured Finance Division based in Johannesburg, South Africa. Bibi recently joined Loita from the World Bank and holds a Master’s degree in International Affairs from Georgetown University’s School of Foreign Service in Washington, D.C., USA.
Chungu Kaunda, a Zambian national and Manager of Loita Capital Partners International supports the group in the Structured Finance Division. He holds a B.A. degree (Honours; Cum Laude) in International Business from the American Intercontinental University, U.S.A. Chungu Kaunda joined Loita Capital Partners from De Chazal Du Mee (DCDM) Consulting where he was Corporate Finance Head. He has over seven years corporate finance experience having carried out and participated in a number of due diligence exercises, feasibility studies, preparation of business plans, finance raising exercises, divestitures and high level desk reviews to mention but just a few. In addition to corporate finance experience, he has participated in corporate recovery and business consulting assignments having worked on numerous receiverships, business reviews, business process re-engineering, human resource audits, and organisational restructuring exercises.
Gogo Moyo Chisembele, a Zambian national and Associate of Loita Capital Partners International, is part of the Structured Finance Division based in Johannesburg, South Africa. Gogo holds a Bachelor of Science Honours degree in Economics and Computing from Oxford Brookes University in Oxford, United Kingdom. She has over 6 years experience in Development Finance after having worked for Development bank of Zambia as an Assistant Credit Manager.
Jerome Bissay, a national of Cameroon, is a Vice President of Loita Capital Partners International. Mr Bissay currently heads the Trade Finance business out of Loita Capital Partners offices in South Africa. Under Loita's Management agreement, Mr Bissay completes a 3 year assignment as Head of Loita Investment Bank (Malawi). Prior to his assignment in Malawi, Mr. Bissay was Director of Banco de Poupança e Crédito's (BPC), Structured Finance Unit in Luanda, under a joint venture with Loita. He holds a Master's degree in business administration and a Bachelor's degree in economics from the University of Grenoble in France, along with a Superior Diploma in Corporate Finance and Tax Management from the same institution. Mr. Bissay has over 15 years of corporate and commercial banking experience with Chase Manhattan Bank and later with Meridien BIAO Cameroun, where he was Deputy General Manager.
Martin Ogam, a Kenyan national is currently on assignment with Fintech International Ltd (a Loita subsidiary company) specialised in Core banking Software implementation. Mr Ogam continues to add tremendous value to the Group with his wide experience in banking practices, products and services. Mr Ogam has recently completed assignments in Libya and Mauritius with the installation of the core IT systems within a conglomoration of banks in Libya and with AfrAsia Bank Ltd (Mauritius) where he headed the IT project team during the set-up and installation of this new bank. Mr Ogam has also acted as Operations Head for Loita Bank, Malawi. Mr Ogam previously worked with Citibank N. A. in various operations units and capacities, including head of Citibank Kenya's Internal Control Information Technology and Cash and Counter Services department. Mr Ogam's experience extends and in-depth knowledge of bank accounting to the implementation of banking software systems (Flexcube; Micro-Banker) system applications amongst others. Mr. Ogam is a graduate of EAACE. He continues to keep up-to-date with regular attendance at leading banking, project management & IT courses and seminars
Neil E Molver, serves as the Chairman of Industrial Credit Corporation (Zambia) Ltd . Mr. Molver is a Fellow of the Chartered Management Institute (CMI) of UK and an Associate of the Financial Planning Institute of South Africa. He sits on the Boards of Asset Protection International Mauritius, South Africa and Zambia as well as Negahan Limited, Zambia. Prior to this, Mr Molver served as the General Manager & Director of Lonrho Zambia Ltd. Mr Molver was the Founding Governor and Governor of The Zambia Revenue Authority as well as the Chairman of the Finance Committee of Zambia Association of Chamber of Commerce and Industry and still serves as member of the Investment Committee of Zambia Capital Partners (Commonwealth Development Corporation) and as Director of Alexander Forbes (Zambia) Ltd. Mr Molver maintains a commitment to education in Zambia as Trustee of a primary school that has over 450 students.
Shanil Ramtohul, a Mauritian national has recently joined Loita from DeChazal du Mee BDO. Shanil serves as Loita's Financial Controller whilst also Managing the affairs of the Global Business Company - Loita Management Services (Mauritius.) Shanil is a Chartered Accountant certified in the UK and has experience with large South African trading companies; Fund Management; Structured Finance transactions as well as auditing within the Global Business environment.
Tladi Ramushu, a Zimbabwean national holds the post of Executive Director in Loita's Johannesburg office as well as Vice President of Loita Capital Partners International. Tladi manages the Loita Group's special initiatives in developing Capital Market opportunities within the region. These initiatives cover Correspondent Banking and Value Added Services to existing financial institutions managed by the group, overseeing the group's operations in Southern and East Africa and giving support to the group’s Structured Finance Department. Mr Ramushu holds an Honours degree in Business Studies (BBS Hon) and a Masters degree in Business Administration (MBA). He has over 25 years banking and private equity experience gained in merchant banking and working in senior management positions for leading development finance institutions internationally and regionally such as the Commonwealth Development Corporation (CDC) and the Development Bank of Southern Africa (DBSA). At DBSA, Mr Ramashu headed the International Finance Division.
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