Stéphane Rigny

Stéphane Rigny

Executive Director

Stéphane has over 20 years of experience in originating, structuring, funding and developing industrial and natural resource projects in Africa. Stéphane was born in France and educated in Canada. He speaks fluent French and English and holds an MBA in Finance from HEC Montréal.

Stéphane founded SARMIN HOLDINGS INC.(SHI) in 2014 and is currently the CEO of SHI. SHI is a Toronto based private equity investment company focusing on the acquisition, structuring, financing and development of high value added resources, infrastructure and energy project’s in Africa. In this capacity, he raised capital and acquired a participation in Spanish based AEE POWER CORPORATION SL (AEE-PC) through SHI’s subsidiary SARMIN POWER INC. AEE-PC is an energy EPC and Developer with over USD150m in signed and funded projects under execution. Stéphane is an Executive Director of AEE-PC.

Prior to founding SHI, from 2005 to 2010 Stéphane founded, structured, raised finance for, developed and successfully exited SURESTREAM PETROLEUM LTD., an E&P Oil Company. From 2004 through to 2013, Stéphane assumed first the role of senior VP and later of President of MagIndustries Corp, a Toronto listed Mining and Natural Resources company (TSX-MAA). In these positions, he helped diversify the group from mining into energy and forestry and co-led the growth of MagIndustries from a USD2m market cap company to a group worth close to USD800m. Stéphane then successfully led MagIndustries Corp. through a friendly take-over by Shanghai based EVERGREEN GROUP which was concluded in 2011. He then accepted the role of post-takeover advisor to the Chairman of EVERGREEN until 2013.

Prior to his activities at MagIndustries Stéphane was based in Johannesburg as VP Francophone Africa in the Project Finance division of Rand Merchant Bank (RMB), a leading South African Investment Bank. Prior to that, he worked for General Woods & Veneers (GWV), where he was responsible for market development in Africa. While at GWV and RMB, he arranged in excess of USD400M of Project Finance funding facilities throughout Africa.