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runa alam

Chief Executive Officer | Development Partners International (DPI)

Runa co-founded DPI in 2007, and has worked as the company’s CEO since then, focusing on management, fundraising, strategy, deal processes, as well as setting up new areas such as the “Value Add” and Investor Relations teams.  She works directly on the Investment and “Value Add” areas contributing to sourcing and working with investee companies.

Before DPI, Runa was CEO of Kingdom Zephyr Asset Management, where she was CEO of the PAIP-PCAP funds which were highly successful Pan-African funds. While at Kingdome Zephyr, Runa was also the CEO of ZMAIF (known as the New Africa Fund prior to Zephyr Management taking over the management in 2000 and Runa’s involvement), sponsored by the Overseas Private Investment Corporation, where she helped implement a successful turnaround of the fund. Runa was formerly a director of the AIG Africa Infrastructure Fund, managed by Emerging Market Partnership in Washington, and has “on-the-ground” management experience in emerging markets having founded and managed both Peregrine Bangladesh and Union Capital Bangladesh in the 1990s. Runa started her career in New York working for investment banks including Morgan Stanley and Merrill Lynch in mergers and acquisitions and corporate and tax-exempt finance.

Runa serves on the board of several African companies which are investee companies of the DPI funds. Mrs. Alam holds a B.A. in International and Developmental Economics from Princeton University and an MBA from the Harvard Business School. She is a Harry S. Truman Scholar.    

She is the former Chair and a current Board Member of AVCA and Chair of the AVCA Sustainability Committee, and a Board and Africa Council Member of EMPEA.  Runa serves on a number of non-profit committees including the Dean’ Advisory Committee of the Princeton University’s Woodrow Wilson School and USAID’s Private Sector Advisory Committee. Runa is a citizen of the US and the United Kingdom.