Wale Shonibare has over three decades experience spanning Asia, Europe, Middle East and Africa in Investment Banking and Consulting. Wale joined the African Development Bank in 2017 as the inaugural Director of Energy Financial Solutions, Policy and Regulation. This team has established itself as a leading transactions team across Africa, having undertaken several Mandated Lead Arranger roles and launched well-acclaimed flagship initiatives to improve the enabling environment for private sector investment in the energy sector.
Prior to joining the AfDB, Wale held various positions at management-level at United Capital (Nigeria), Renaissance Capital (UAE) and KPMG (UK; UAE). Wale has served on several industry panels, including the SEC Committee on the development of the 10-year Capital Markets Masterplan in Nigeria. He has advised the EU Commission on the reform of rules governing grant funding for Trans-European Transport Networks, the OECD on off-budget funding for infrastructure projects, the World Bank on its PPP toolkit, the UAE Sovereign Wealth Fund and the Central Bank of Nigeria on policy incentives to boost private sector financing of infrastructure in Nigeria.
Wale holds a B.Eng (hons) in Civil Engineering from Glasgow University and an MBA from Imperial College, University of London.