Stephen D. Cashin, Chief Executive Officer sdcashin@panafricancapital.com

Stephen Cashin is the founder and CEO of Pan African Capital Group, LLC (PACG). Established in 2004, PACG focuses on three key areas; investment banking and advisory services, asset management, and private equity throughout Africa. Investments include financial services, technology and agribusiness.

Stephen Cashin was founder and has served as Managing Director and head of the Washington Office of Modern Africa Fund Managers, LLC from 1998 until 2004. He was responsible for identifying the majority of the investors in Modern Africa Growth and Investment Company LLC, a $105 million fund capitalized by private institutional investors and leveraged with the support of the U.S. Overseas Private Investment Corporation. Stephen was integrally involved in identifying and structuring Modern Africa’s investments and management of the portfolio.

Stephen Cashin serves on the boards of Data Bank, an investment banking group based in Ghana, and DiscoveryTel, a communications company carrying traffic into and out of Africa and the Middle East from the US. Until recently he served as the Vice Chairman of the Corporate Council on Africa and was a principal participant in The Commission on Financing in Africa published in 2002. He also serves on the boards of the African Wildlife Foundation, Africare, and the Jesuit Refugee Service. He served as board member of the National Summit on Africa and the DEVCap initiative of Catholic Relief Services, the constituency for Africa and has been a National Co-Chairman of Africares’s annual Bishop Walker Dinner. He was a senior fellow at the Center for Strategic and International Studies and speaks at numerous events focused on the development of Africa’s financial markets.

Stephen Cashin was employed by Equator Bank, a member of the Hong Kong and Shanghai Banking Corporation from 1984-1996. He opened Equator’s office in Nairobi, Kenya, and was responsible for developing the bank’s relationships with central banks, international agencies and corporations, particularly in Ethiopia, Kenya, Tanzania, and Uganda. In 1993 Stephen was appointed as the bank’s representative in Washington, D.C. In that capacity, he managed the bank’s relationships with United States governmental and international agencies, trade organizations, and financial institutions. Later he assumed responsibility for managing the corporate finance portfolio of the bank, advising investor groups, structuring transactions, devising new financial products, and implementing privatization transactions. Stephen began his career as a Peace Corps volunteer from 1979-1981 in Zanzibar, Tanzania. He graduated from the School of Foreign Service at Georgetown University and has his MBA from Boston College.