Imara CEO named Chairman of Global Alliance Partners

Published: 13 September 2013

Imara Group chief executive officer Mark Tunmer has been elected chairman of Global Alliance Partners (GAP), the international network of financial service companies dedicated to fostering worldwide investment and business growth.

Botswana-registered Imara provides investment banking, asset management and stockbroking services across sub-Saharan Africa.

Harare-based Tunmer noted: "My election as chairman by the other GAP members is a great honour. It is also a strong signal that Africa features high on the agenda of leading players active in areas such as mergers and acquisitions, private equity transactions, corporate fund raising and asset management.

"GAP members have facilitated transactions in 57 countries worth nearly $32 billion. It is heartening that they are now giving increasing attention to opportunities in Africa.

"During my tenure as GAP chairman I will do everything I can to showcase new growth opportunities across our continent. Immense potential is evident. It's vital that Africa capitalises on it."

As well as his role as Imara Group CEO, Mark Tunmer is the Group's head of securities and country head for Malawi. He has more than 25 years of African stockbroking and advisory experience and has been instrumental in raising more than $450 million in capital markets across sub-Saharan Africa through listings, privatisation and rights issues. He advised on the setting up of the stock exchanges in Botswana, Malawi and Swaziland.

Global Alliance Partners (GAP) is a Hong Kong-registered network of international, mid-market financial services companies dedicated to providing its client base with local service and expertise coupled with international reach and access in private equity, corporate fund raising, stock brokering and fund management. All partners are fully licensed and together have completed over 1,100 corporate transactions in 57 countries valued close to $32 billion. GAP manages or advises in excess of $6.5 billion in individual and institutional funds. Its key role is to bridge the gap between investment opportunities in leading, emerging and frontier markets, and key sources of investment risk capital.
- cleardistinction

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