A working capital lender, Zvilo, has appointed a former employee of British International Investment (BII), Mr Admir Imami, as its new full-time chief executive.
Mr Imami was the former Investment Director and Head of Trade and Supply Chain Finance at British International Investment, the United Kingdom’s Development Finance Institution.
He is expected to bring his extensive global trade finance experience and leadership to Zvilo, which is committed to bridging the $2.5 trillion global trade finance gap.
His appointment is to leverage his expertise in order to enhance and expand Zvilo’s global trade finance operations. His strategic vision and deep understanding of financial markets are expected to propel Zvilo’s mission of addressing the working capital needs of businesses across multiple regions.
With a focus on innovation and growth, Mr Imami will lead Zvilo through its next phase of development, ensuring the company remains at the forefront of delivering tailored financial solutions within an evolving geopolitical market landscape.
With over three decades of experience in lending and transformation, the new CEO has successfully built scalable direct lending businesses across various asset-based products serving the full range of entities and institutions in both developed and emerging markets.
His background includes product development, bank transformations, asset management, technology adoption, financial regulations, risk management and credit underwriting.
“We are delighted that Admir Imami is joining as our full-time CEO. His experience in developing sustainable, long-term solutions that align compliance, regulatory frameworks, and business objectives will be critical as the business scales.
“Following three years of growth, this appointment will bring a renewed and dedicated perspective and the operational excellence essential for our next phase.
“Admir’s background and expertise will help us achieve the perfect balance between innovation and operational efficiency,” a member of Zvilo’s board, Ron Boddy, stated.
“Zvilo is constructed on exceptional foundations, developed using groundbreaking technology, with a robust loan book and a strong focus on delivery and market expansion.
“My immediate objectives as CEO will include ensuring effective scaling, executing with operational excellence, and continuing to create value for our customers, employees, and investors.
“I am eager to lead a distinguished team of finance, operations, technology, and regional experts and partners as we embark on the next chapter of Zvilo’s growth,” Mr Imami, enthused.
While at BII, Mr Imami successfully built a trade finance business from scratch with commitments of over $2 billion and limits to over 380 issuing banks all supporting trade transactions in the amount of $30bn in Africa and South Asia.
He was also instrumental in establishing BII’s first Supply Chain Facility with global banking partner Standard Chartered Bank and in broadening BII’s mandate to encompass a wide range of trade finance asset classes.
Prior to that, he was co-founder and CEO of Advance Global Capital (AGC), a global impact trade finance investment manager among other professional posts he has held during his long international career.