ethiolease

equipment leasing and finance in Ethiopia

leadership team

Girum Tsegaye, CEO

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 Girum currently works as an advisor for African Asset Finance Company (AAFC), and is the proposed CEO of Ethiopian Capital Goods Finance Business SC (under formation).  


Girum worked for United Bank (or Hibret bank) in Ethiopia since 2005, from 2013 in the role of VP Operatons and deputy CEO. Prior to United Bank he worked 11 years for Commercial Bank of Ethiopia. 


Girum has an MBA from Addis Ababa University, and multiple professional certificates from both Ethiopian and International Schools and Institutions. He is fluent in Amharic, Oromo and English.

Tommy Graham, COO

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Tommy joined  AAFC in April 2019  as a senior advisor. He serves as (acting) COO of Ethio Lease. and is based in Addis Ababa.


Tommy has an impressive 40-year track record in the equipment leasing and rental industry in the UK, Middle East and South Africa. During is career he was, inter alia, Managing Director of Loxam’s Rapid Access businesses in Bahrain and Saudi Arabia, managing Director of Rapid Middle East, Managing Director of Nationwide Access and Service Manager for Libra-Plant in South Africa. 


He started his career as an electrical engineer at Babcock & Wilcox.

Girma Wake, Chair

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Girma serves as vice chairman of African Asset Finance Company Inc. He is a member of the Organizing Committee of Ethiopian Capital Goods Finance Business SC -under formation- (Ethio Lease), and the proposed chairman of Ethio Lease. 


He also serves as Chairman of United Insurance, and as adviser to the Government of Togo. 


Girma is best known for transforming Ethiopia Airlines into the leading African aviation powerhouse it is today. He is the former chairman of Rwanda Air, and worked, earlier in his career, for Gulf Air. 


He graduated from the University College of Addis Ababa.

Gabriel Negatu, Board Member

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Gabriel is Director General, Eastern Africa for the African Development Bank. He directs the Bank’s largest Regional Center, responsible for 13 member countries and a portfolio valued in excess of US$9 billion.

Gabriel serves on a number of boards and councils, and was recently appointed as a member of the Ethiopian Diaspora Trust Fund Advisory Council.


Gabriel received a Bachelor’s Degree from California State University  and a Master’s Degree from the University of Pittsburgh, PA. He completed several advanced studies, including at Harvard University Business School, Boston, Massachusetts, USA, and the University of Manchester, UK. 


Gabriel serves on the Board of AAFC and he is a proposed Board Member of Ethio Lease.

Anne Eriksson, Board Member

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Anne recently retired from PricewaterhouseCoopers (PWC) as the Regional Senior Partner for Eastern Africa and Senior Country Partner Kenya, overseeing 1,500 employees in six African countries.  She worked with PWC for 40 years, 30 years as a partner, and is widely respected and recognized as one of Africa’s leading professionals in the industry.


She led the provision of audit and related advisory services to a wide range of clients: Pan African, regional and local, private and listed, which included several banks and other financial institutions. She advised countless Audit Committees and Boards on financial reporting and internal control matters. 

Anne has an MBA (Distinction) from the University of Warwick, is a Fellow of the Association of Certified and Chartered Accountants (FCCA) and a Fellow of the Institute of Certified Accountants of Kenya (FCPA).


Anne  serves on the Board of AAFC and he is a proposed Board Member of Ethio Lease. 

Frans VanSchaik, Vice-Chair

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Frans serves as the chairman of the organizing committee of Ethiopian Capital Goods Finance Business SC (under formation) and is the proposed vice chairman of Ethio Lease. He is CEO and chairman of AAFC, a Roha partner, and serves on a number of affiliated company boards.


Previously, Frans founded Tribute Capital, was a managing partner at Logispring, served as (interim) CEO of a number of industrial groups and was a junior partner at Gilde Investment Funds. He was the (co-) founder of several businesses, one of which was an equipment leasing company.  


Frans holds a BA in History, a LLM from the University of Amsterdam and a post graduate diploma in International Relations from the University of Vienna.

Michael Turner, Board Member

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 Michael is the Managing Director of Actis in East Africa.  Born in Tanzania and based in Nairobi, Kenya, Michael is an experienced private equity investor and has developed a deep understanding of PE investment throughout Sub Saharan Africa. He serves on various company boards, including two banks and the Nairobi Stock Exchange. 


Previously, Michael worked for Lehman Brothers and Kleinwort Benson in London, and he started his career with Price Waterhouse. 


Michael holds a first class degree in Civil Engineering and is also a Fellow of the Institute of Chartered Accountants in England & Wales 


Michael  serves on the Board of AAFC and he is a proposed Board Member of Ethio Lease. 

Brooks Washington, Board Member

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Brooks is the Founder of Roha and a Partner with the firm. He serves as a board member on all of Roha ‘s portfolio companies (including AAFCH), and previously served as CEO (General Manager) of Juniper Glass Industries, Roha’s first large scale industrial development. 


Before founding Roha in 2013, Brooks was a consultant with McKinsey & Company – first in Johannesburg, and then as a co-founder of the Lagos office. He was inspired to start Roha by the number of compelling opportunities he saw across the continent and the lack of institutions pursuing them.


Brooks is based in Nairobi and has lived and worked in multiple African cities for the past twelve years. He graduated from Harvard College with a degree in Social Studies (focus on Economics and Politics). 


Brooks  serves on the Board of AAFC and he is a proposed Board Member of Ethio Lease. 

Mohab Mufti, Board Member

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Mohab is a Saudi Executive with thirty years of experience in Financial Services, including Global Markets, Structured Finance and Direct investments.  He currently leads advisory firm Decca Investments, and  serves on the Board of Arqaam Capital, a Dubai based emerging markets investment bank. 


Previously he had established Asiya Investments' advisory business in Dubai and led the management of a trade finance fund. 

Prior to moving to Dubai, he was the CEO of Gulf International Bank (UK) Ltd. where he was directly responsible for the management of bank and client assets of $20 billion.


Mohab  serves on the Board of AAFC and he is a proposed Board Member of Ethio Lease.  

 

Ismael Dubale, Analyst

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Ismael is a co-organizer of Ethio Lease and has been working on the preparation of the launch of Ethio Lease and AAFC since he joined Roha's team in Addis Ababa in 2017. 

Prior to joining Roha, Ismael worked as a commercial business analyst for Heineken, and as a junior marketing officer in market research  and route management  for Ethiopian Airlines, after a short stint as a junior officer at Commercial Bank of Ethiopia. 

Ismael  earned a BA in Economics from Addis Ababa University, a certificate in Business Metrics for Data Driven Companies from Duke and successfully completed the Aviation and Marketing course at ET's Aviation School.