GuarantCo Management Company (GMC) has appointed Layth Al-Falaki as Chairman and CEO of GuarantCo, managed by GMC, as part of an internal move within PIDG. The appointment will be effective from mid-January 2022.
Until then, Layth served as Chief Risk Officer (CRO) at PIDG since April 2018. He is also a non-executive board member of PIDG, Emerging Africa Infrastructure Fund and GuarantCo. In his career, Layth Al-Falaki was CRO at the British Arab Commercial Bank, formerly part of the HSBC group.
With a rich career in banking and extensive experience in emerging market transactions, Layth holds a bachelor’s degree in statistics and management science and a master’s degree in operations research from the London School of Economics and Political Science.
A member of the Private Infrastructure Development Group (PIDG), GuarantCo mobilizes local currency investments from the private sector for infrastructure projects and supports the development of financial markets in low-income countries in Africa and Asia.