Magatte Diop is the founder and managing partner of Peacock Investments. He is an accomplished banker, confirmed entrepreneur, and recognized expert in the banking industry with more than 25 years of experience in international finance, investing, and management.
In 1993, Magatte founded the group ILICO in Dakar, composed of a life insurance company and a real estate development company, after which he became Managing Director of MRB & International Company. He still serves as chairman of ILICO. Prior to this, Magatte was Vice President and Regional director for CITIBANK/CITICORP for West and Central Africa. Magatte supervised the bank’s relationships with more than 200 financial institutions including central banks, development banks, commercial banks, and government agencies in the Africa region. He was successively Senior Officer MRB International, Deputy Managing Director of Citibank Dakar and Managing Director of CitiAbidjan.
Magatte is decorated with the medal of merit by the Republic of Senegal. He is also President of the African Chamber of Commerce in the United States and is very active in a number of initiatives dealing with the promotion of commerce and investment between the United States and Africa. He holds a Master of Business Administration (MBA) from the Stern School of Business at New York University.