EMPEA Appoints Jamil Kassum as a Senior Advisor
Posted On: 25 Aug 2015
Jamil Kassum has over 40 years of experience as an emerging markets strategic and financial advisor. He serves as Non-Executive Board Director, Chairman of Audit Committee and member of Governance and Nomination Committee for Randgold Resources Limited, a listed gold mining company with operations in Africa, including Mali, Congo (DRC) and the Ivory Coast, and current market capitalization of over US$5 billion. He also serves on the Board of Directors of Thien Minh Group (TMG), a leading travel and hotel group in Vietnam; and Khan Bank, the leading privately owned commercial bank in Mongolia. Mr. Kassum is Board Commissioner and member of the Investment Committee of P.T. Indonesia Infrastructure Finance (IIF), owned by the Government of Indonesia, the Asian Development Bank, DEG, IFC and SMBC. IIF was established in 2010 to help finance infrastructure projects in Indonesia. He was Chairman of their Board of Commissioners for most of 2011.
After a 25 year career in the IFC, Mr. Kassum was appointed as the World Bank’s Regional Vice President for the East Asia and Pacific region and so became one of the first IFC VPs of Global Investment Operations to lead a major portion of the World Bank’s sovereign lending business. In this capacity, he was responsible, for six years, for all the World Bank’s lending and policy advisory operations in 22 countries including China, the World Bank’s largest client at the time, Indonesia, Vietnam and Mongolia.
As Senior Advisor, he brings a wealth of experience in emerging markets and diverse regional knowledge to EMPEA’s mission, in addition to his depth of expertise in infrastructure finance. EMPEA currently serves approximately 330 member firms representing over US$1 trillion in assets under management. The global organization and its members cover a broad spectrum of private capital investment in emerging markets, including private equity, private credit, impact investing and infrastructure.
Responding to his appointment, Mr. Kassum commented, “EMPEA represents the leading global investors in emerging markets. I look forward to working alongside the organization and its members to drive much-needed capital for financing growing businesses and infrastructure needs worldwide.”
Robert van Zwieten, EMPEA’s President and CEO, commented further on the announcement, “Jamil Kassum is well-known in the industry and we are honored to have his guidance and leadership in our efforts. His impressive track record and dedication to emerging markets are valuable assets to our organization.”