Ecobank
Deepak Malik has been the Chief Executive Officer of Arise BV since 2017 and oversees its operations as an investment and development partner of financial services providers in Sub-Saharan Africa. At Arise, his mandate includes assisting economic growth in sub-Saharan Africa and the prosperity of its people by strengthening rural development, alleviating poverty and increasing financial inclusion and employment.
Previously, Mr Malik was at the development finance institution Norfund where he was Head of Southern Africa office and the Head of Department, Financial Institutions for over 13 years. In this role, he promoted Norwegian investments and had overall responsibility for Norfund’s financial institutions portfolio in the Southern Africa region, Central America and South Asia. He was also a member of the Norfund Investment Committee, monitored and evaluated investments in Africa and was responsible for the Norwegian Microfinance Initiative.
Mr Malik has also been the Regional Representative of the Investment Fund for Developing Countries (IFU), which is the Danish Government’s investment arm for developing countries, Managing Director of the Development Bank of Zambia and has held senior executive positions at Zambia Consolidated Copper Mines.
Over the last 30 years, Mr Malik has held various Board positions in the Industry, including directorships in banks.
Mr Malik is a Fellow Member of the Institute of Chartered Accountants, India, and has a Bachelors’ Degree in Commerce (Honours) from the University of Delhi, India.
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Ecobank
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Ecobank Transnational Incorporated SA, formerly known as Ecobank Transnational Incorporated (ETI) is a bank holding company engaged in the provision of banking and financial services through its subsidiaries. Its segments are Domestic, Corporate and Investment Banking (CIB), and Treasury. The Domestic segment focuses on serving local companies, small and medium scale enterprises, government and government agencies, and retail market. The Corporate Bank focuses on providing banking services to multinationals and regional companies, financial institutions and international organizations. The Investment Bank constitutes corporate finance and asset management business. ETI's Treasury segment provides value-added solutions, such as foreign exchange (FX), fixed income and money market activities primarily to Corporate and Investment Bank, and Domestic Bank clients. Its Treasury activities include sales, trading, balance sheet management, and currency and African assets distribution (CAAD).