Following his hiring in August of last year, Thierno-Habib Hann has assumed office as the new Managing Director and Chief Executive Officer of the Nairobi-based Pan-African housing development financier Shelter Afrique.
Mr. Hann joins Shelter Afrique from the International Finance Corporation (IFC), where he was the Asia/Pacific Lead for housing finance and was stationed in Bangkok, Thailand.
He succeeds Mr. Kingsley Muwowo, who has been working in an acting role since the management change last year.
Read: Shelter Afrique Targets East African Bourses, Pension Funds In Ksh60B Housing Bond
Thierno Hann has more than 20 years of experience working internationally in the fields of structured finance, capital markets, and investment banking.
He offers deep leadership expertise in development and investing, as well as an astute perception of the real estate market and a proven track record of performance.
He is anticipated to improve governance, embody the ideals of the organization, and lead the Company’s investment strategy, which is centered on producing a significant amount of affordable housing.
“I’m happy and honored to take on the new role at Shelter Afrique; I would like to extend my appreciation to the Shareholders and the Board of Directors for their confidence in me. I would like to thank the staff, partners, and stakeholders for their warm welcome and their commitment to the mandate of Shelter-Afrique. I am also grateful to my former colleagues at the IFC and World Bank.” Thierno said while expressing appreciation for his appointment.
Career Profile
Hann began his career in New York City as a Senior Consultant in Financial Services and Capital Markets with the consulting company Arthur Andersen, LLC.
He has held managerial and executive positions at JPMorgan Chase and Goldman Sachs, respectively, where he oversaw investment teams that issued mortgage-backed securities (RMBS/CMO) and credit derivatives (CDS).
Additionally, he worked for the World Bank Group in Guinea as the Private Sector Development Program Manager, where he was in charge of designing and carrying out a program to improve the business climate as well as creating a bankable pipeline of investments and government advisory projects in key economic sectors.
Education
Hann holds a master’s degree in accounting and finance (M.S.T.C.F. ), a bachelor’s degree in management and applied economics (GEA) with honors from Paris IX Dauphine University, and an MBA in finance and investments from the Zicklin School of Business, Bernard Baruch, City University of New York.
Read: Shelter Afrique Extends Ksh2B Loan To MSD For Housing Projects In DRC
Habib, a native of Guinea (Conakry), is a co-founder of “AngelAfrica,” a Pan-African thinktank established to promote economic prosperity on the continent through the development of cutting-edge technical concepts, partnerships with investors, and business ventures.
Shelter-Afrique is a pan-African housing finance and development institution established by African governments and African Development Bank (AfDB) to address the need for a sustainable housing delivery system and related infrastructure projects in Africa.
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