Capabilities
Selected experience of Members of the Zarou team
Sameh Shenouda
Chief Executive Officer
Sameh Shenouda
Chief Executive Officer

Sameh is the Chief Executive Officer of Zarou.

Previously, he spent 5 years as Head of Infrastructure at CDC Group, the UK’s development finance institution. He built CDC’s direct infrastructure equity business which, under his leadership, invested in excess of $1bn in Africa and South Asia. He was instrumental in CDC’s majority investment in Globeleq Africa ($750m – Africa’s largest power platform with approximately 1.3GW across 8 assets in 5 countries), led the formation of the power JV with the Aga Khan Fund for Economic Development ($140m equity; 325MW operational), set up CDC’s greenfield renewables platform in South Asia – Ayana (currently has 500MW under development), and led CDC’s 49% equity investment in a greenfield 50MW windfarm in Pakistan.

Prior to that, Sameh was Natural Gas Industries Director at Orascom Construction Industries for more than 7 years where he headed the development of a $2.3bn ammonia/urea fertilizers plant in Algeria (including non-recourse financing of $1.5bn). He also developed a $600m ammonia plant in Egypt.

In 2001, Sameh joined CDC (later Actis) for 4 years and was one of the team members who started the CDC Cairo office. Sameh started his career in investment banking working for Morgan Stanley’s Egypt affiliate for 5 years.

Sameh has an MBA from the University of Exeter, an MA in Development Studies and a BA in Economics from the American University in Cairo. He also attended the International Executive Program at INSEAD.

Mohammad Meftaur Rahman
Chief Operating Officer
Mohammad Meftaur Rahman
Chief Operating Officer

Meftaur is the Chief Operating Officer of Zarou.

Previously, he was the President & CEO of AES Jordan, responsible for the ~$700m portfolio of the AES, Mitsui & Nebras Power consortium in Jordan (generating ~20% of the country’s electricity at the time). During his 11 years in Jordan, he successfully developed, financed, constructed and operated three projects of total ~700MW capacity (the 400MW Amman East CCGT Project, the 241MW IPP4 CCGT project and a 52MW solar project). The assets were built and operated for 11 years without LTI (Lost-time incidents), demonstrating a focus on Environment, Health and Safety (EHS).

Meftaur previously served as the Country Director of O&M Solutions Limited (multinational power sector services) and held different senior management roles at AES. He also worked at Globeleq’s (a subsidiary of CDC Group, the UK’s development finance institution) projects in Bangladesh – the 450MW Meghnaghat CCGT and the 360MW Haripur CCGT. Prior to that, he worked at the British Oxygen Company and at Nestle.

Meftaur has won numerous awards – notable among these are the IFC best PPP award for EMEA region, AES Corporation Founder Award, Power Magazine Award and several British Safety Awards.

Meftaur has a BSc in Chemical Engineering and attended the Leadership Program at the Darden School of Business at the University of Virginia.

 

Amol Pinge
Vice President
Amol Pinge
Vice President

Amol is Vice President at Zarou.

Previously, Amol was Investment Manager in the equity infrastructure investments team at CDC Group, the UK Government’s development finance institution, focused on evaluating investments in power, logistics and midstream oil and gas infrastructure in South Asia and Africa. Amol co-led the set-up of Ayana – CDC’s fully owned renewable energy platform for South Asia – which has won 500 MW capacity in the Indian solar auctions within a year of set-up.

Prior to CDC, Amol was part of JPMorgan’s Asian Infrastructure Fund based in Mumbai, responsible for evaluating equity infrastructure investments in India. Amol led JPMorgan’s controlled investment in Leap Green Energy, where he worked closely with the sponsors to scale it up to become one of India’s largest wind power platforms.

Amol started his career in BlackRock’s fixed income portfolio analytics team in New York and was also part of JPMorgan’s natural resources investment banking team in New York and Mumbai.

Amol has an MBA with Distinction from the University of Oxford, a Masters in Engineering Management from Dartmouth College and a B.E. in Electrical Engineering from V.J.T.I, Mumbai.

Meghana Duggirala
Assistant Vice President
Meghana Duggirala
Assistant Vice President

Meghana is Assistant Vice President at Zarou.

Previously, she worked as Investment Executive at the CDC Group, the UK’s development finance institution, in the equity infrastructure team, focusing on power, transport and midstream oil and gas in Africa and South Asia. She helped set up Ayana, the South Asian renewables platform with 500MW under development, and worked on the power JV with the Aga Khan Fund for Economic Development (AKFED) and their industrials and infrastructure arm IPS. She was also seconded to AKFED/IPS in Kenya, where she worked on the development of the 147-230MW Ruzizi III hydro project in the Great Lakes region (Rwanda, Burundi and the DRC) and the >$400m refinancing of the 250MW Bujagali hydro project in Uganda.

Prior to that, Meghana worked in the Royal Bank of Canada’s Utilities and Infrastructure team on transactions in Europe across renewables, regulated utilities and midstream oil & gas.

Meghana has an MSc in Financial Economics from the University of Oxford’s Saïd Business School and a Bachelor of Commerce from the University of Delhi’s Shri Ram College of Commerce.

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