With special feature audio. Before joining Rendeavour, Babatunde led similar functions at Google, Perform Media and three of Nigeria’s iconic ad agencies. Last week, stuff.co.nz published an article regarding New Zealand businessman Stephen Jennings, and his business activities in Kenya and Russia. He believes that the opportunities for Africa are greater than anywhere else in the world.

To access this section you need to upgrade your mobile only subscription. Chris is the Chairman of the Rendeavour CSR Committee. View Stephen Jennings’ profile on LinkedIn, the world's largest professional community. New Zealand Initiative High immigration is masking poor productivity: NBR Rich Lister Stephen Jennings Jennings, who made his $980m fortune in Russia and is now investing in Africa, calls on government to fix what he calls inequalities in education system. One wealthy New Zealander is helping with major urbanisation projects.

Even if Mr Jennings had committed any wrongful acts in connection with the auction, which is denied, he would in any event have been acting at all times in the course of his employment. 18 January 2012.

Danny has more than 25 years' experience in construction and civil engineering. Odema is a Human Resources professional with experience covering recruitment and manpower planning, training and development, compensation and benefits and employee welfare. Yomi has been with Rendeavour since its inception and prior to that worked with Renaissance Capital and Renaissance Partners. We welcome your comments below. They say this was pursued in retaliation to the political opposition of Yukos Oil's then principal shareholder, Mikhail Khodorkovsky, to Putin and his government. Prior to that, he worked in the humanitarian sector with the HALO Trust, in Cambodia, Angola, Eritrea and Abkhazia. Renaissance Group joined a consortium to bid in the Yukos Finance auction through Promneftstroy, the consortium's subsidiary, Jennings' defence says. Rendeavour’s senior management team draws on cumulative decades of experience in Africa and other high-opportunity emerging markets.

The full list of claimants is Yukos Finance B.V., Yukos International UK B.V., Stichting Administratiekantoor Yukos International, David Godfrey, Yukos Capital Limited, Financial Performance Holdings B.V., and Yukos Hydrocarbons Investments Limited. "It's an honour to help lead the transformation of Africa’s urban environments.". The case dates back to Jennings' days in Russia in the noughties with investment firm Renaissance Group, where he was co-founder and CEO. The defence goes on to say Jennings' role was primarily considering the investment opportunity in principle, and approving RenGroup's participation in the consortium, alongside the rest of the Renaissance Partners investment committee on August 14, 2007. In 2000, he was knighted and became a member of the House of Lords (Lord Ashcroft of Chichester, KCMG). It made no specific mention of his time in Russia. Aged 71 years. However, his continental distance allows for a sober look at our domestic affairs. "Accordingly, the claim against Mr Jennings has no real prospect of success and/or discloses no reasonable grounds for bringing the proceedings and/or is an abuse of process and is liable to be struck out or summarily dismissed," Jennings' defence says. This field is for validation purposes and should be left unchanged. Supporters can choose any amount, and will get a premium ad-free experience if giving a minimum of $10/month or $100/year. The New Zealand businessman Stephen Jennings, a board member of think tank the New Zealand Initiative and writer of the foreword to ACT Party leader David Seymour's book, is a defendant in a London court case that alleges he and others benefited financially from close ties to the Government of Russian President Vladimir Putin.

Learn more here. Yomi is a New York qualified attorney with significant legal and business experience across three continents, including corporate and project finance, mergers & acquisitions and urban land development projects.
On top of denying Jennings committed any wrongdoing, his defence document also denies the claimants have incurred any costs or expenses as a result of any wrongdoing by Jennings. Rachel holds a Bachelor’s degree in Economic and Social Studies from the University of Manchester, England, and is a Chartered Certified Accountant. Since 2012, Stephen has focused on Rendeavour, of which he is the largest shareholder. "It is clear that this is Africa's time and we are proud to be a part of that story.". Despite this high-flying international career, Jennings has not lost interest in his native New Zealand.

A published version will be available in due course. On Thursday 14 July, the Initiative hosted Stephen Jennings for a dinner lecture. She began her career at Lehman Brother’s European headquarters in London and has gained extensive experience from other private sector establishments, such as Nomura International, Stanbic IBTC PLC, Asset and Resource Management (ARM Investments) and Linetrale Petroleum Limited. TVNZ noted he worked at Treasury in the 1980s, and had been known as the Kiwi Oligarch when in Russia. He has been living and working in emerging markets for more than 25 years. Stephen Jennings, the New Zealand-born founder and chief executive of Moscow-based investment bank Renaissance Capital, is setting up a consumer finance business in Nigeria with hopes to tap the fast-growing economy’s rising… Business | Financial.

Stephen Jennings' firm Rendeavour is building satellite cities in Ghana and other African nations. Babatunde is a Marketing, Sales and Communications expert with a proven record of impact across many industries. Our current comment policy is here. See the complete profile on LinkedIn and discover Stephen’s connections and jobs at similar companies. Why New Zealand should take an interest in Africa's rise, Dr Oliver Hartwich.

This is not because Africa is different but because the potential for catch-up and convergence is greater – and is likely to be fulfilled more rapidly. Lord Ashcroft has written 17 books, mainly on politics and bravery, and four of these books on gallantry have been made into television series. David Kippen is an investment banker with a background in mergers and acquisitions, as well as a principal investor. Prior to Rendeavour, Stephen founded Renaissance Group, in 1995, building investment banking, securities sales and trading, asset management and consumer finance businesses across Central & Eastern Europe, Asia and Africa. Accordingly, we unequivocally retract the factual errors and misleading implications contained in the article, and unreservedly apologise to Mr Jennings for any distress suffered by him and his family as a result. Stephen Jennings is a pioneer of capital markets in Africa and Central & Eastern Europe, responsible for over $200 billion of investment flows to these regions. From 1993-2006, Preston was a producer and correspondent for NBC News, covering global events in the Soviet successor states, Europe, Central and South Asia, Africa and the Middle East. Jennings was CEO of RenCap from 1998 to November 2012, and CEO of RenGroup from 1998 until January 2013. Stuff.co.nz accepts that none of these statements or implications have any factual basis or legitimacy. After more than 40 years as an entrepreneur working in the UK and overseas, Michael Ashcroft is an active investor in new companies and ideas. "Few things I have been involved in are as exciting and compelling as the work Rendeavour is doing.

The case was also mentioned in this Reuters article, which focuses on Renaissance Capital emails sent between 2007 to 2011. In 2002, with several colleagues he started a new fund management group, Midas Capital Partners limited, as chief executive and majority owner. "Quite simply, we are building Africa's Urban Future.". "The aspirations of the people in our markets inspire Rendeavour to succeed.".
He has a Juris Doctor degree from Georgetown University and a Bachelor’s degree in Political Science from Illinois Wesleyan University. Aside from Jennings, the defendants are US businessman Stephen Lynch, Reid, US fund manager and trader Deitz, and investment banker Robert Mark Foresman who was vice-chairman of RenCap between 2006 and 2009.


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