The Development Bank of Southern Africa (DBSA) has appointed Greg Fyfe as chief investment officer.

Fyfe started in the role this month and reports to DBSA’s chief executive, Boitumelo Mosako.

He will be responsible for overseeing the organisation’s investment division, which consists of DBSA’s sector and geography client coverage teams.

These include teams dealing with sectors such as energy, transport, ICT and water, and geography teams covering the Southern African Development Community and the rest of Africa.

Previously, Fyfe spent more than 25 years at Standard Bank, where he held roles such as head of export credit agency finance and energy transition solutions, head of energy and infrastructure finance and head of sustainable and climate finance.

At DBSA, Fyfe will be accountable for the development bank’s products, including trade and export finance, sovereign, corporate and state-owned enterprise lending, project finance, equity and high-impact investing.

He will also head up DBSA’s project and market development teams.

Fyfe said: “In one sentence, I would say that our plan is to aggressively grow our balance sheet and development reach across South Africa and the continent aligned with the overarching DBSA decadal strategy, across our targeted sectors.”