Sumaria is spearheaded by a third generation member of the Sumaria family – Jayesh G. Shah who is the Group Managing Director. The Chairman of the Board is Kamal Z. Shah.

b Kamal Z. Shah | Chairman of the Family Business Board

  • More than 35 years managing businesses
  • Involvement in business start-ups in UK, Africa & India
  • Extensive experience in creating structures for cross-border enterprises

b Jayesh G. Shah | Group Managing Director

  • Has built and managed businesses in East Africa for 29 years
  • Twice awarded "Top 15 most respected CEO in East Africa" by PwC
  • Board member of Standard Chartered Bank Tanzania, Alliance Insurance
  • Member of investment advisory committee of Aureos East Africa

b Ankush Shah | Group Director of Finance

  • Responsible for finance, legal, business portfolio management, investments and divestments, tax and structuring
  • Active Board role in our plastics, pharmaceutical and bottling businesses, in addition to new projects
  • 1st class degree in Philosophy, Politics & Economics from Balliol College, University of Oxford
  • MSc from the London School of Economics
  • Prior to Sumaria:
    • 3 years in financing, M&A and restructuring with Credit Suisse First Boston
    • 4 years as a partner with Gruss & Co., a $2.5bn event/value hedge fund

b Akshay S. Shah | Director - Strategy & Operations

  • Over 15 years of managing plastics business & acquisitions in Tanzania & Nigeria and started innovation company for Africa & India Markets
  • Responsible for Group Strategy Management, Lean Management in Operations & Product Innovation in Silafrica, Lead Director in Silafrica Board, and member in DPI Simba Board
  • Additionally providing group support in CSR, Strategic HR, and Operations/Strategy due diligence for investments
  • Board Member & Treasurer for International School of Tanganyika
  • BSc in Management Information Systems from Rockford, USA

b Samir S. Shah | Director - Chairman of Silafrica Ltd (Plastics                                Group)

  • BSc Management Science - 1st Class Honors London School of Economics and Political Science
  • 29 years in Plastics Industry heading a successful ISO 9001:2008 and ISO 22000 until till 2005

b Dipen Shah | Executive Director

  • Over 12 years of managing the pharmaceutical business in Tanzania till 2005
  • 3 years directing the Systems Control, ICT and Corporate Affairs Departments
  • Leads the Property Development business for the group
  • Board member - Shelys Africa Group
  • Education Chairperson - YPO Tanzania
  • BSc Economics from University College London

b Keval Shah | Group Head - ICT

  • 7 years experience with Sumaria in Sales, Marketing, PR & Corporate Affairs & Managing key accounts
  • President of International School of Tanganyika Alumni
  • Association & Past Director of Rotary Foundation Tanzania
  • BA Visual Communication - American Intercontinental University, London, UK
  • MBA - Stellenbosch University, South Africa
  • Councillor of Confederation Tanzania Industries for 3 years

b V.S Hariharan | Group Chief Financial Officer

  • Chartered Accountant, Cost Accountant and Company Secretary
  • 23 years of post qualification experience in steel, textile, pharmaceutical and plastic industries
  • Responsible for banking, budgeting, accounts and taxation of all the group companies
  • Chief Operating Officer of Simba Plastics Co. Ltd from 2000 - 2003
  • Vice President of Cadilla Pharmaceuticals Ltd, India from 1995 - 2000

b Robert Petit | Manager - Project Development

  • Originally trained as an architect in the USA
  • MBA from Oxford University
  • Experience with African Project Finance (with a US-based leader)
  • Recently working in the East African venture capital arena

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