Babacar GNING Chief Executive Officer, FONSIS – Senegal’s Sovereign Fund for Strategic Investments Mr. Babacar GNING has been Chief Executive Officer of FONSIS, Senegal’s Sovereign Fund for Strategic Investments, since May 2024. He brings extensive experience in sovereign investment, strategic project development, and the execution of large-scale public and private sector initiatives. Prior to his appointment as Chief Executive Officer, Mr. GNING successively held the positions of Executive Director in charge of Investments and Deputy Chief Executive Officer of FONSIS. In these capacities, he oversaw the operational coordination of the institution’s various departments and functions, including direct investments, sector-focused investment funds, and FONSIS portfolio companies. Before joining FONSIS in 2019, Mr. GNING spent five years as Deputy Chief Executive Officer of the Operational Monitoring Office of the Emerging Senegal Plan (BOS), under the Office of the President of the Republic of Senegal. In this role, he led the structuring, deployment, and monitoring of priority projects and reforms under the Emerging Senegal Plan (PSE). He also led the multidisciplinary team responsible for designing the first phase of the Emerging Senegal Plan (PSE 2014–2018) and its dedicated implementation and monitoring framework, under the supervision of the Ministry of Economy, Finance and Planning and in collaboration with McKinsey & Company. Mr. GNING began his career at Accenture before working as a Senior Consultant on the financing and management of major projects for public institutions and leading African corporations. Mr. GNING is an engineer and a graduate of École Centrale Paris.