Barack Obatsa, CFA

Chief Investment Officer: ICEA LION Asset Management Limited

Barack holds a Bachelor of Science Degree in Financial Services from the University of Manchester Institute of Science & Technology, Master of Science in Finance (Economic Policy) from the University of London and Master of Science Real Estate (Investment and Finance) from the University Reading. Barack is a Chartered Banker, a Certified Internal Auditor and a Chartered Financial Analyst (CFA) from the CFA Institute. He is also a member of the Institute of Certified Investments & Financial Analysts- Kenya and the CFA Institute.

Barack completed his Leadership Development program from Gordon Institute of Business Science, University of Pretoria in South Africa. Besides this, he has had opportunities to attend trainings across the world in the areas of financial modelling, equity valuation, investment strategy, portfolio management, infrastructure financing and public private partnerships among others. Barack has in the past lectured at Strathmore University and is a “Certified Engagement And Productivity Coach -(CEPC)” having successfully completed an ICF –Accredited Program of 60 ACSTH at CDI-Africa Coaching.

Barack has over 15 years’ experience in the investment industry, as an analyst, portfolio manager and Chief Investment Officer. Barack was the Regional Chief Investment officer for African Alliance before moving to ICEA Lion Asset management Limited in the same position in 2016.

Barack has diverse and extensive experience in various asset classes from traditional financial investments- equities, fixed income to alternatives like private equity, infrastructure assets and real estate. In real estate, Barack’s experience includes investment management of the extensive real estate portfolio of ICEA LION and third-party real estate assets for ILAM client’s value at over KES 20 Billion. These include both commercial and residential properties. His specific experience includes conducting investment appraisal, refurbishment, development appraisal, providing investment opinions on exit and acquisition of properties and development of property optimization strategies, including assisting in development of property business plan/strategies and interacting with property level managers to add value to real estate assets. He has also been involved in providing advice in of structuring of property investment vehicles within ILAM for third party clients. Barack also serves on the ICEA LION Property Committee and has also received extensive training in real estate from some of the leading authorities and academics in real estate investing.

Barack’s current and previous experience includes oversight of the investment process across the region in the various asset classes, exposure to management of offshore funds and due diligence of offshore managers including funds of funds. Barack is widely travelled across the world including the key financial capital capitals of the world – London, New York, and in Africa, Johannesburg, where he closely interacted with the top minds in the world running various investment strategies. Barack has received considerable investment mentorship from one of the most highly rated investment professionals in Africa that has strengthened his understanding of risk and ethics in investing.