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Sacheen Kala (MBA)
Head: Founders Factory Africa Partnership at Standard Bank Group
Sacheen Kala (MBA) is the Head of the Founders Factory Africa Partnership at Standard Bank Group. Here are some key details about his role and background:
Position and Responsibilities
Sacheen Kala leads the partnership between Standard Bank and Founders Factory Africa (FFA), a venture development company that designs, builds, and scales tech-enabled businesses across Africa.12 In this role, he oversees:
- Identifying and developing concepts for tech startups
- Deploying Standard Bank's networks and capabilities to support startups
- Managing successful partnerships between the bank and startups
Experience and Expertise
Kala has extensive consulting experience in customer and business strategies within the financial services industry.3 At Standard Bank, he works within the Moonshots business innovation division, which focuses on:
- Starting new products or businesses that drive growth and create jobs across Africa
- Generating new revenue streams for the bank
- Developing ideas and partnering with innovative local and international businesses
Notable Achievements
Under Kala's leadership, Standard Bank has successfully invested in and partnered with startups like Tripplo, a tech-enabled logistics solution. This partnership demonstrates:
- The bank's ability to work effectively with small, agile startups
- How large organizations can deploy technology to leverage their value chains for growth
- A successful two-stage corporate-startup cooperation model developed by Standard Bank12
Kala's work has contributed to broadening Standard Bank's approach to startups and redefining what a bank can do in the innovation ecosystem.