Panafrican News Agency

Cameroonian journalist to lead New York-based investment banker's Africa expansion

New York, US (PANA) – Cameroonian broadcast journalist, Michel Lobé Ewané, has been named a Board member of the New York-based financial services firm, Joseph Sassoon Group, the firm said in a statement Thursday.

The former editor in chief of Forbes Afrique, who recently stepped down from the magazine, will represent Joseph Sassoon Group’s interest in Africa.

His duties will include promoting the company, its interest and activities in the African market and to governments and regulators throughout the continent, the firm said.

The new board member would be crucial in overseeing the group's expansion throughout the continent.

“The new board member will help source investments, financing and other business development and revenue generating opportunities for the company,” the firm said.

Mr Lobé Ewané will act as spokesperson for Joseph Sassoon Group in and out of Africa.

Lobé Ewané is a renowned Cameroonian journalist with a successful career in international media.

He has reported for Radio France International (RFI) and was a TV producer for TV5 Monde in France. He moved to London in 1999 where he was senior producer for BBC World service. He was later hired in 2012 by the leading business magazine Forbes to be editor of Forbes Afrique, the francophone edition for Africa, with a coverage spanning over 23 countries in Africa, plus France, Belgium and Switzerland.

In 2021, Lobé Ewané was appointed Royal advisor to Sheikh Al Qassimi of Dubai where he received a Leadership Excellence Award from the Royal Office of Sheikh Al Qassimi.

Mr. Lobé Ewané is the author of “Etre milliardaire en Afrique aujourd’hui” (Being a billionaire in Africa today), to be released later this year in Paris.

Joseph Sassoon Group is a multinational full-service investment management and merchant banking firm based in New York with presence in Tel Aviv, Cyprus and Singapore.

The group is the result of entrepreneurial and innovative family enterprises, a philosophy driven approach that gives the Group independence and courage to develop long-term vision and identify opportunities.

Joseph Sassoon Group is the continuation to a line of successor merchant and banking firms starting as Ibn Shoshan Frères & Co established in 1512.

The firm has been in family control for 20 generations, constituting a history of over 500 years experience and innovation at the center of global trade and financial markets.

The corporate predecessors provided financing for some of the most iconic and impactful projects in the world. The projects funded by the group include the construction of the Suez Canal in 1854, financing of the first rail in the Ottoman Empire and co-founding of the National Bank of Egypt and Banque du Caire.

The firm's portfolio covers asset management, investment banking and corporate finance and private banking.

-0- PANA AO/VAO 25Feb2022