Mateen Beg – Managing Partner, Chief Executive Officer
Mateen holds an M.A. in Finance & Economics and is a Chartered Accountant. He is a finance professional with over 20 years of financial services experience, including 8 years (2007-14) in the Middle East. During 2013 and 2014, he focused his efforts on equity investments in the Sub-Saharan African region and on promoting the Debt & Asset Recovery Program (DARP) which was sponsored by the International Finance Corporation (IFC) for the MENA region and Pakistan.
Prior to moving to the region, Mateen was based in London and has worked with the following global institutions: ABN Amro Bank (6 years), Deutsche Bank (3 years), KPMG (5 years).
Mateen was at ABN AMRO Capital from 2000 to 2007, the private equity arm of ABN AMRO Bank, where he was promoted to Finance Director in 2005. During this time, Mateen was involved in facilitating the execution of 10 transactions with a deal size in excess of GBP 1.0 Bn. His involvement was in deal modelling as well as post-investment management of portfolio investments. Mateen was also responsible for all fund administration matters as well as Investor Reporting.
During his time at Deutsche Bank, Mateen worked in Business Risk where he carried out a series of reviews across all of Deutsche Bank’s Asset Management division, covering Operational, Credit and I.T. Mateen’s role involved making recommendations to senior management to enhance the overall control environment of business operations.
Stephen Price – Managing Partner, Chief Risk Officer
Stephen is a Fellow of the Institute of Chartered Accountants of England & Wales. He is an experienced Corporate Finance specialist, a UK Chartered Accountant and formerly an 18-year Partner at Ernst & Young LLP (UK). He has had extensive overseas experience having worked for clients in more than 40 emerging markets in S.E. Asia, Far East, Middle East, Africa, India, Former Soviet Union and Central & Eastern Europe. His portfolio of clients included foreign investors, central and commercial banks, national governments, financial sector restructuring agencies and international lending organisations.
Mergers & Acquisitions
Stephen has spent 17 years (1998-2014) at both Ernst & Young LLP and FSI Capital Ltd focusing on M&A in the financial services sector in emerging and frontier markets. Stephen’s M&A experience spans commercial banking (both conventional and sharia compliant), insurance, investment management and payments systems.
Restructuring & Management Consulting
For 2 years Stephen was a partner in EY’s Management Consulting practice’s Financial Institutions Group specialising in strategy and operational and financial restructuring of commercial banks in emerging markets. He continues to take on restructuring and strategy assignments connected with M&A transactions.
At Ernst & Young LLP from 1985 to 1994 Stephen was an audit partner with a range of UK clients in the banking, financial services and commercial sectors. He was also audit engagement partner for a number of commercial banks in several emerging markets.
Ernst & Young LLP Management
From July 2000 to December 2002 Stephen was the coordinating partner responsible for the integration of the Ernst & Young Global region known as the “UK Area”. The region comprised of India, Middle East, South Africa and a few other Anglo African countries. His role was to align the business policies and processes within the Ernst & Young firms of this region and to support major business development initiatives. Subsequently, Ernst & Young merged its entire European, Middle East, Indian and African practices (some 87 individual territories in total) into one partnership, a unique step in the globalisation of one of the “Big 4” accounting firms.
Oliver Hare – Managing Partner
Ollie holds a B.A. Econ (Hons) from Manchester University. He has worked for over 25 years in the financial services industry. He started his career with S.G Warburg in 1986 within their European Equity Division until 2000. During this time Ollie became Managing Director of UBS Warburg’s Madrid Equity business, then followed by managing UBS Warburg's Paris Equity operations and finally managed UBS Warburg's Swiss Equity Division. After leaving S.G. Warburg in 2000, Ollie was appointed as Managing Director of Banque Piguet, a small Private Bank, in Geneva. In 2003, Ollie was founder and CEO of Helvetica Wealth Management Partners in Geneva up until 2012. During his 9 years at Helvetica , he built an asset management company with over $5bn worth of Asset Under Management. Ollie returned to his home in Mauritius in 2013, where he became CEO of CIM Global Business, one of the largest fund and corporate services companies on the island. Given Ollie's passion for entrepreneurship, he left CIM Global Business to become one of the Founding Partners of AXYS Consulting DMCC in 2015.
Jeremy Steane – Director, Financial Services
Jeremy is a corporate finance professional with over 18 years’ experience advising on transactions from origination to implementation, primarily in the financial services sector and with an emphasis on emerging and developing economies. His service expertise also includes a broad range of additional advisory skills (often integrated with M&A services) including financial and operational restructuring, strategic planning, process reengineering and performance improvement. After qualifying as a Chartered Accountant in 1995, Jeremy spent 8 years with Ernst & Young’s London-based Emerging Markets’ Financial Services Group, a team charged with broadening EY’s service capabilities in emerging markets beyond traditional audit and tax services. Thus, the team comprised specialists from Corporate Finance, Restructuring and Consulting backgrounds, leading to exposure to a broad range of advisory skills across multiple emerging market platforms. In 2003, Jeremy helped establish FSI Capital, a Dubai-based boutique advisory firm providing M&A, restructuring and strategic advisory services in the financial services sector and focused on frontier markets. During his tenure at FSI, Jeremy led or participated in M&A engagements in countries as diverse as Botswana, Kenya, India, Mongolia, Nigeria, Russia, Rwanda, South Korea, Uganda and Zambia. Jeremy’s project experience spans over 30 countries in Africa, Asia, Central and Eastern Europe and the Middle East and his clients have included investors, central banks, financial restructuring agencies, commercial banks and international lending organizations. This experience provides him with significant emerging markets’ knowledge and presence, understanding the need to bring an international perspective to engagements whilst taking into account local business acumen and cultural sensitivities.