Quantum Global Group (Quantum Global), an investment firm focusing on Africa, Tuesday announced the appointment of Prof. Mthuli Ncube as the Head of its research arm, Quantum Global Research Lab (QGRL). An independent research partner tasked with providing macro-economic analytical studies of key African development and economic issues, Quantum Global aims to support innovative economic policy and sustainable investments by African Sovereigns.
“Mthuli’s vast experience and background in the area of research and macroeconomics further strengthens QGRL’s research value proposition,” said Jean-Claude Bastos de Morais, Founder and Chairman of the Advisory Board. “We believe that he will have an immediate impact on our ability to provide leading-edge insights to our clients, and tremendous long-term impact on shaping our investment strategy across key African markets.”
Prof. Ncube is a renowned industry expert in macroeconomics, development economics and finance and the Quantum Global Group aims to tap into his extensive experience as the Group aims to augment its strategic “Africa for Africa”plan which has seen a surge in the recruitment of finance experts on Africa hired from leading institutions across the continent. This is accompanied by the Group’s short and mid-term plans to roll out Quantum Global’s expanding footprint in new African markets.
He was previously the Chief Economist and Vice President for Tunisia and Cote d’Ivoire region for the African Development Bank Group for five years where he played an active role in guiding the Bank’s future strategy. With a PhD in Economics from University of Cambridge and more than 25 years of work experience, Prof. Ncube has worked for a variety of renowned educational&research institutions and investment companies, including serving as the former Chairman of the Global Agenda Council on Poverty and Economic Development of the World Economic Forum.Prof. Mthuli has additionally held senior positions in the Finance and Asset Management industry, including Head of Global Asset Allocation Strategy and Fund Manager for a major international specialist banking and asset management firm.Prof. Mthuli Ncube joins QGRL from the University of Oxford, where he was the Professor of Public Policy, Blavatnik School of Government teaching Master of Public Policy (MPP) in the subject of ‘African Challenges and Opportunities’. Prof. Ncube will remain active as the Board Member of the African Economic Research Consortium & Global Development Network and a visiting professor at University of Oxford, UK and the Witwatersrand University, South Africa.
Prof. Ncube has authored several books and research papers including the Financial Markets and Monetary Policy in Africa, African Economic Research Consortium, Nairobi in 2009, the Monetary Policy and the Economy in South Africa(2013), Quantitative Easing and Impact on US, UK, Japan and Europe (2013) and Global Growth and Financial Spillovers and South African Macro-economy (2015). His work has been published in international journals such as the Journal of Econometrics, Journal of Banking and Finance, Mathematical Finance, Applied Financial Economics, Journal of African Economies, among others.
“I am delighted to join the QGRL team and for that matter the larger Quantum Global Group, which will give me the opportunity to use my expertise to provide deeper social and economic insights on Africa in a way that will make investments more impactful” stated Prof. Mthuli Ncube.