Philip Sigwart is Group Chief Executive Officer of Baobab Group, a leading provider of inclusive financial services in Africa. Since 2019, he has led the Group’s transformation and growth across a seven-country platform serving 1.6 million customers, of whom more than 600,000 are active micro-entrepreneurs and small businesses. Roughly half of Baobab’s customers are women, and around 70 per cent were unbanked before joining the Group.

Baobab delivers credit, savings, payments and insurance through a hybrid model combining digital channels, agent networks and branches. The Group disburses more than USD 1.2 billion in new loans annually, manages over USD 1.3 billion in assets, mobilises substantial local-currency deposits, and employs more than 4,000 people.

Before joining Baobab, Philip was Group Head of SME Banking at Equity Bank in Kenya and held senior leadership roles with the ProCredit Group, including as CEO of its subsidiaries in Kosovo, Georgia and Congo DRC.

Following Baobab’s acquisition by Beltone Holding, part of the International Holding Company (IHC) ecosystem, Philip is leading the Group’s next phase: digital acceleration, deposit-led growth, and the transformation of Baobab into a broader African financial services platform serving underserved entrepreneurs at scale.