Gagan Gupta

Gagan Gupta (born 10 May 1975) is an Indian businessman. He is the CEO of several companies developing industrial ecosystems and their infrastructure and logistics in Africa. He co-founded Arise IIP, Arise IS and Arise P&L. He is also an Executive Committee member of Olam International.[1]

Gagan Gupta
Born (1975-05-10) May 10, 1975[1]
NationalityIndian
EducationAll India Rank holder from the Institute of Chartered Accountants of India (ICAI)
EmployerArise
Known forCo-creator and CEO of Arise P&L, Arise IIP, Arise IS
TitleCEO

Early life

Gagan Gupta was born on 10 May 1975, in Rajasthan in India. Son of a cement plant manager in Rajasthan,[2] he holds a Bachelor of Commerce degree (University of New Delhi) and graduated as an All India Rank holder from the Institute of Chartered Accountants of India (ICAI).[3][4]

Career

Olam

In 2008, he joined Olam Gabon, where he became country manager in 2010. He was then successively appointed director of the group's operations in Central Africa, director of business development of Olam International and subsequently co-founded Arise.[3][5]

In Gabon, after the implementation of large-scale projects in agribusiness under Public-Private partnerships, Gagan Gupta initiated in 2010 the Gabon Special Economic Zone (GSEZ), a PPP in the infrastructure sector between Olam International Ltd. (40.5%), Africa Finance Corporation (21%) and the Gabonese Republic.[2]

With Olam Gabon, he also undertook other infrastructure projects, including a rural electrification program and the management of the Libreville airport. He also initiated the Owendo Mineral Port (OMP), inaugurated in August 2016, and the New Owendo International Port (NOIP), which has been operational since June 2017.[6]

In 2018, Olam Gabon and its subsidiaries were the country's largest employer of Gabon with 17,500 employees.[2]

Arise

In 2018, thinking that infrastructures and industrial ecosystems were the main levers of Africa's economic development, Gagan Gupta undertook to deploy GSEZ's business model in West Africa. He did it with Arise, a pan-African company that designs, finances, builds and operates industrial zones, roads, ports and other critical infrastructures.[7]

At the end of 2019, Arise's activity was restructured in three separate entities:[8][9] Arise Ports & Logistics (P&L), dedicated to ports logistics operations, Arise Integrated Industrial Platforms (IIP), focused on the development of industrial ecosystems, and ARISE Infrastructure Services (IS) for all other infrastructure operations.[10] Arise P&L currently operates three ports in Gabon: Libreville Mineral Port, Owendo Mineral Port and New Owendo International Port;[11] the Nouakchott Container Terminal in Mauritania and the San Pedro Multipurpose Industrial Terminal in Côte d'Ivoire. Arise IIP owns and operates industrial zones in Gabon (Nkok), Benin (Glo-Djigbé) and Togo (Adétikopé). Arise IS consists of three assets in Gabon: GSEZ Infras, Aéroport de Libreville (ADL) and Société Autoroutière du Gabon (SAG). SAG, or Gabon Motorway Company, secured a contract to build the Transgabonaise, a large-scale road infrastructure project which is set to cross the country from West to South-East by 2023.[12]

Each entity was set up as a joint venture with strategic partners who brought expertise in their domain :

At the individual asset level, partnerships have been struck with global investors, including private equity fund Meridiam, which has stakes in Arise P&L's Container Terminal in Nouakchott, Mauritania and Arise IS's Société Autoroutière du Gabon (SAG), or French-investment fund Stoa Infra & Energie which recently became a minority-shareholder of the Owendo port in Gabon, managed by Arise P&L.[7][16]

Boards and committees

Awards

Gagan Gupta was nominated twice at the 2012 African Business Awards for his work with Olam in Gabon in the categories of Investor of the Year and Award for Innovation and given highest civilian order award by Government of Gabon.[18]

Personal life

Gagan Gupta, who is of Hindu religion, is married and father of two children.[2]

He is an ambassador of Indian culture in Gabon. He regularly hosts religious and cultural parties for hundreds of Indians living in Gabon. He hosts Holi and Diwali parties to also get locals to discover Indian culture.[19]

Gagan Gupta has been building close links with the Gabonese president, Ali Bongo Ondimba. It is seen as one of the reasons for his success over his competitors in Gabon.[20]

References

  1. "Gagan GUPTA". Find-and-update.company-information.service.gov.uk.
  2. "Infrastructures : le tour de force gabonais de Gagan Gupta". Jeune Afrique. 7 August 2018.
  3. "Gagan GUPTA Président, OLAM INTERNATIONAL LTD". Business France. 2019.
  4. "Gagan GUPTA". fidelity.co.in. 2019.
  5. "Gagan Gupta promu PDG d'Olam Afrique avec résidence à Libreville". gabonactu.com. 5 March 2019.
  6. "Gagan Gupta, PDG Arise Holding : l'architecte bâtisseur". lenouveaugabon.com. 16 September 2020.
  7. "Arise bientôt dans la cour des grands ?". Jeune Afrique. 15 September 2020.
  8. "Gabon Special Economic Zone Rebrands as ARISE With AFC Increasing Its Shareholding". Business Wire. 28 January 2020.
  9. "AP Moller Capital va investir 600 millions de dollars sur le continent". Jeune Afrique. 18 February 2020.
  10. "Gagan Gupta's French troops". africaintelligence.com. 4 June 2020.
  11. "Gagan Gupta : à Owendo, l'État " dispose d'un port moderne sans avoir dépensé un franc "". Jeune Afrique. 16 October 2017.
  12. "Olam chooses Port Louis over London to registrer its Arise Infrastructure fund". africaintelligence.com. 31 August 2020.
  13. "A.P. Møller Capital obtains 43% interest in ARISE Ports & Logistics". ecofinagency.com. 28 January 2020.
  14. "Comment l'Etat a cédé ses ports à Olam et AP Moller". africaintelligence.fr. 5 February 2020.
  15. "Linklaters conseille Olam International". lemondedudroit.fr. 8 January 2021.
  16. "La zone économique spéciale du Gabon se rebaptise ARISE, et l'AFC augmente sa participation". Business Wire. 4 February 2020.
  17. "Gagan Gupta, Managing Director and CEO, Infrastructure and Logistics". 2020.
  18. "Gagan Gupta". HuffPost.
  19. "Gagan Gupta". bharatgaurav.org.
  20. "Gagan Gupta, Ali Bongo's favourite Indian tycoon". africaintelligence.com. 2018-08-09.
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