Norsad Capital
Allan Mutenda is an experienced risk management professional currently serving as the Chief Risk Officer at Norsad Capital since February 2023. Previously, Allan held the position of CRO and Project Lead at Exodus & Company (Pvt) Ltd from June 2022 to January 2023, and served as the Country Chief Risk Officer and Head of Operational Risk at Standard Chartered Bank from March 2016 to March 2022. Allan's earlier roles include Chief Risk Officer at Nedbank Zimbabwe Limited, Divisional Manager: Credit Risk at Ithala Development Finance Corporation, Head of Credit at Premier Banking Corporation Ltd, Chief Risk Officer at Beverley Building Society, Group Risk Manager at FBC Bank Limited, and Group Risk Manager at Premier Banking Corporation Limited. Allan began a professional career as a Bank Examiner at the Reserve Bank of Zimbabwe. Allan holds a Bachelor of Commerce in Banking from NUST, completed in 1999.
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Norsad Capital
Norsad is an impact investor and private credit provider that offers flexible debt financing solutions to profitable growth-stage companies in Africa that deliver desirable social impact. Norsad's investment coverage in sub-Saharan Africa and the principal operational area is the Southern Africa region. Norsad’s purpose is to build a better Africa by financing growth-oriented companies in Africa, enabling such companies to continue to have a substantial impact through the services and employment they provide. Norsad aspires to positively impact the lives of 100 million Africans by 2030. We provide direct debt financing of USD5-10 million to mid-market companies for growth and development. We have over 33 years of track record of investing in Africa. Norsad has invested over USD 700 million in more than 170 companies in various sectors in the region. (www.norsadcapital.com).