Standard Bank appoints three; boosts PE team

Bilge Ogut, Marcelo Di Lorenzo, and Navaid Burney have joined Standard Bank Private Equity from Warburg Pincus, Merrill Lynch Global Private Equity and Emerging Capital Partners respectively.

Bilge Ogut will be based in London, where she will assume dual roles as deputy global head of the private equity business and CEO for the private equity business in Turkey. She comes to the bank from Warburg Pincus where she joined in 1998 and where became partner in 2004, initially in the technology group in New York, and later in London focusing on investments in emerging Europe.

Marcelo Di Lorenzo will head the bank's private equity business in Brazil out of Sao Paulo. He comes to Standard Bank from Merrill Lynch Private Equity where he had been since 2001, becoming a managing director in 2005. Di Lorenzo started his career at McKinsey & Company in Brazil and has been in private equity since 1996 when he joined DLJ Merchant Banking Partners in New York.

Navaid Burney is the head of private equity in Africa, and will be based in Standard Bank's Johannesburg headquarters. He has over 20 years' experience working in the financial markets. Prior to joining Standard Bank, Burney spent nine years as a founding partner and managing director at Emerging Capital Partners.

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