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Stephen D. Cashin

Chief Executive Officer
Pan African Capital Group

Born in Libya and raised all over the world, Steve Cashin has spent his lifetime as an engaged and active global citizen with a focus on the African continent. Steve is the founder and CEO of Pan African Capital Group (PACG), an enterprising, nimble platform that makes direct investments in financial services companies, participates in private equity funds and provides advisory services to a diverse array of African-focused clients across the globe. One of PACG's initial investments was an infrastructure development firm in East Africa, and the firm has participated in various other major infrastructure transactions including renewable and emergency power generation projects, airport development, and oil and gas concessions. Steve has been at the forefront of discussions of how to leverage African capital to fill critical financing gaps across the continent. Prior to PACG, Steve was founder and Managing Director of Modern Africa Fund Managers, LLC, a US$105 million OPIC-sponsored fund for investment in middle-market companies across Africa. Starting his career at HSBC Equator Bank, Steve opened the East Africa office in Nairobi, Kenya where he managed relationships throughout East Africa and represented HSBC Equator Bank in Washington, DC.

Steve serves on several nonprofit boards, including Jesuit Refugee Service International, Georgetown School of Foreign Service, and Africare, where he serves as Board Chairman. He led an initiative to introduce credit ratings to Africa as a senior fellow at the Center for Strategic and International Studies, and he continues to advocate for the development of Africa's financial markets as a life member of the Council on Foreign Relations, the Bretton Woods Committee, the International Institute of Finance, and the Economic Club of Washington, D.C. Steve's commitment to service began as a Peace Corps volunteer in Zanzibar, Tanzania. He graduated from the School of Foreign Service at Georgetown University in 1979 and received an MBA from Boston College. He now resides in Washington, D.C.

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