Taimoor LabibPartner, Head of MENA & Chairman of Africa at Affirma Capital
Taimoor Labib is a Founding Partner at Affirma Capital and Head of Middle East & North Africa (MENA) Private Equity and Chairman of Africa Private Equity. Affirma Capital was formed in August 2019 and manages over $3.5 billion in assets and is an independently owned emerging market private equity firm owned and operated by the long standing senior leadership of Standard Chartered Private Equity. Prior to Affirma Capital, Taimoor was Head of Africa & Middle East Private Equity for Standard Chartered Private Equity (SCPE) investing and overseeing an approximately $1.5 billion direct investment portfolio in leading companies across sectors throughout Africa and the Middle East.
He joined SCPE in March 2010 as a Managing Director and currently or historically sat on the boards of Al Jazeera Poultry, CEC, Eaton Towers, FINE Hygienic (Vice Chairman), GZI, Topaz Energy & Marine, Souq.com (observer), and Union Bank of Nigeria. Previously he was also Head of Global Private Equity Portfolio Management (2013-2016) overseeing the overall global portfolio throughout Asia, Africa and the Middle East.
Taimoor has 25 years of direct private equity and investment banking experience with leading international and regional institutions, including deep relationships with leading family groups, regulators, sovereign wealth funds and limited partners. Taimoor began his career with Bear Stearns investment banking in New York, and The Carlyle Group in Washington D.C., and later joined EFG-Hermes in both Cairo and Riyadh and then Jadwa Investment in Riyadh where he established the private equity practice for the firm.