Papa Madiaw Ndiaye

Papa Madiaw Ndiaye (born 29 September 1965), is a financier and investor, who was born and grew up in Senegal. He is the CEO of Advanced Finance and Investment Group (AFIG Funds), an African-owned private equity investment firm that he founded in 2005. In addition, since June 2024, Papa Madiaw sits as the Chairman of Ecobank Transnational Inc, a pan-African banking conglomerate, with banking operations in 33 African countries.

Prior to AFIG Funds, Papa had a rich career, working at global financial institutions including International Financial Corporation, JP Morgan and,Salomon Brothers, since 1988. Between 1996 and 2000, Papa Madiaw served at the IFC’s investment department overlooking financial institutions establishment and investments in Africa. In 2000, Papa Madiaw was one of the three partners to raise and manage the AIG African Infrastructure Fund and managed through the Emerging Markets Partnership (EMP, now ECP) in Washington. In 2000, he was appointed Chairman of the National Council of Economic Advisors for President Abdoulaye Wade of Senegal. In 2004, he was inducted as Young Global Leader by the World Economic Forum of Davos. In 2018, he was awarded the Outstanding Leadership Award by the Private Equity Africa Awards.