In October 2019, Baobab Group marked a transition in leadership with Philip Sigwart as the new Group CEO. Philip is based in Paris at the Baobab Group headquarters and will oversee the strategy and direction for Baobab’s 10 subsidiaries in Africa and China.
“Baobab Group has experienced tremendous growth since its foundation and has become a leading MSME finance provider in the countries where we operate. Our aim is to develop and grow existing operations and further strengthen Baobab Groups’ market position. We will achieve this by putting our customers at the center of our activities, focusing on staff training and building better digital channels,” said Philip in his introduction email to Baobab staff and partners.
Philip joins Baobab Group following 20 years of leadership roles in the financial services sector in Africa, Eastern and Southeastern Europe and Latin America, with actors like Equity Bank (Kenya) and ProCredit Group.