Mark Richards


Exotix, All Africa


As the Chief Executive of IPGL Limited, the principle shareholder of Exotix, Mark brings considerable expertise in navigating frontier and emerging markets, most recently as Partner and Global Head of Financial Services at Actis, a major private equity group focused on Africa, Asia and Latin America. During 11 years at Actis, Mark was responsible for building many successful companies, including the market leading Brazilian brokerage XPinvestimentos.

He previously spent 18 years at Barclays in senior roles including CFO of the International Offshore Bank, Director of Group Strategy and Head of Group Corporate Development.

Mark, whose role is subject to final regulatory approval, serves as Non-Executive Director for a number of companies, including Egypt’s leading private sector bank CIB, where he chairs the risk committee. He has a first class degree from Oxford University in modern history and economic and married with three children.

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