Kenya-based Fintech platform Lendable announced on Thursday it has welcome Hani Ibrahim as its new Chief Investment Officer and Des Denning as its new Chief Operating Officer, as well as the company’s new Chief Financial Officer. According to Lendable, Hani will oversee Lendable’s investment strategy and monitoring, including the deployment and management of Lendable’s latest initiative, the Frontier Credit Fund, while Des will oversee Lendable’s internal operations and finances.
According to Lendable, Hani brings 20 years of experience working across multiple jurisdictions spanning advisory, investment banking and private credit. He has an extensive background in emerging market private credit, recently serving as the Head of Debt Capital Markets at QInvest where he established and executed the firm’s emerging markets direct lending strategy, deploying $500 million in structured senior and mezzanine credit.
Des notably brings more than 20 years of experience in the financial industry. He has an extensive background in operations, finance and compliance, having previously worked as COO/CFO at Eisenstat Capital Partners, a $1 billion Hedge Fund and launching and building a global team at Arrowgrass Capital Partners, a $6 billion multi-strategy Hedge Fund where he was Global Head of Operations.
Speaking about the appointments, Daniel Goldfarb, Lendable’s co-founder and CEO, stated:
“We are incredibly excited to have Hani join the Lendable team. Hani has shown himself to be an incisive thinker, a hard worker, and an experienced investor that loves making tough calls. Most importantly, Hani has proven to be an investor with great judgement and high character.”
Chris Wehbé, Executive Chairman of Lendable, added:
“Having worked closely with Des over the past 15 years, I am excited for the skills and expertise he brings to the team. Des’ work will ensure we are providing a world-class experience for our investors, from family offices to large institutions.”