We work with our clients and partners on the challenging questions in healthcare that benefit from our expertise in technology, finance and human capital. Our work cuts across the private, social and public sectors to support global corporations, investors, institutions, foundations and governments. Together we find value by identifying the right deals, making smart decisions, enhancing operational performance and creating enduring results.
Leaders and Experts
Mr. Javier Ewing
Mr. Javier Ewing is a founder and Managing Director of Excelsior Group, and the head of Excelsior Advisors, Excelsior’s strategic advisory and capital placement arm. Javier is a recognized expert on access to finance issues in Africa, particularly in healthcare and Information and Communications Technology (ICT). In addition, he has led several efforts on innovation in institutional investment and banking, for public and private sector organizations and projects.
Examples of his work’s impact include:
Institutional portfolio investment in healthcare – He has advised a multi-billion USD, development finance institution, backed private equity fund on investment opportunities for a global fund for healthcare in Africa, Asia and Latin America, including designing and developing anchor multi-million USD projects across Africa.
Due diligence and feasibility studies – He has led several due diligence efforts on behalf of PE firms and portfolio companies in healthcare: hospitals, primary care and diagnostic clinics, and pharmaceutical distribution; and ICT: software development and integration, data centers, and core bandwidth providers.
Institutional capital raising across several African growth sectors– He has successfully led and advised capital raises within East Africa, and is currently co-leading several efforts in the ICT, healthcare, and infrastructure sectors, from USD 10 to 100 million.
Banking innovation in healthcare– He is currently designing flexible asset financing and leasing structures for the healthcare primary care sector, on behalf of an Excelsior Ventures portfolio company and a partner bank.
Innovative alternative asset platform design – He has advised on structuring and marketing African-focused hedge funds and fund of fund platforms for clients in Africa and the United States.
Prior to founding the Excelsior Firm, Javier was a member of McKinsey Consulting’s New York office, where he worked on a variety of strategic and business development projects in Financial Services, healthcare, and the Public and Non-Profit sectors, in North America, Europe, Asia, and Africa. He was a leader in the Financial Institutions Practice, where he co-led engagements and practice development in Asset Management Strategy and Operations Design for major global traditional and alternate asset managers, insurers, and endowments and foundations.
Javier has published papers highlighting innovation in access to finance; he was the lead author for the “Opportunities for ICT Interventions in East Africa that would benefit SMEs” on behalf of the World Bank/infoDev, Hivos, and UK DfID/UKAid (2010) and a co-author of “eTransform Africa: The Transformational Use of ICTs in Africa”, edited by Enock Yonazi, Tim Kelly, Naomi Halewood, and Colin Blackman (2012). He is a World Bank recognized expert on both Business Development and Social Entrepreneurship in Africa, having most recently spoken at the World Bank/ IFC Financial and Private Sector Forum in Washington, DC in 2011, the University of Oklahoma’s Social Entrepreneurship Forum as the keynote speaker, and at the USD 10 billion Kenya Konza City Investment Conference in 2012.
Javier holds an MBA from Harvard Business School and an undergraduate degree from the University of Pennsylvania’s Wharton Business School (Joseph Wharton Scholar, magna cum laude).
Mr. Javier Ewing
Prof. Stephen Sammut
Professor Stephen Sammut is a senior advisor to Excelsior, currently working as a senior fellow at Wharton Business School. He is also the venture capitalist partner at Burrill & Company, where he has been involved in developing and implementing market entry initiatives for the last 12 years. He is a co-founder of nearly 40 start-up companies, and has extensive experience on healthcare related issues in emerging economies. He has over 20 years of experience in healthcare financing, global health and development, venture capitalism in emerging markets, pharmaceuticals and diversified manufacturing. His recent engagement experience has included:
Co-authored major publication on Indian Pharmaceutical and Biotechnology Industry, Nature Biotechnology, Volume 25, Number 4, April 2007, pages 403 to 417.
Project leader on "What must India do to have a bio-economy of $100 billion by 2025?," sponsored by the Association of Biotechnology Led Enterprises and the Biotechnology Industry Organization
Authored "Innovative Responses to the Health Care Challenges Confronting India," chapter in Healthcare Innovation in India, Lawton R. Burns, ed., Cambridge University Press, 2013.
Chaired two biotechnology entrepreneurship Boot Camps: Hyderabad, 2006 and Bangalore, 2010.
Annual speaker at the Global Innovation Exchange, Hyderabad
Taught or will teach the following courses at the Indian School of Business
"The Indian Healthcare Services System," MBA Course, October –November, 2012 and 2013
"Health Care Entrepreneurship," MBA Course, October-November, 2012 and 2013
"Innovation Management in India, Executive Course, July, 2013 and scheduled for July, 2014
"Developing the Sub-Saharan African Market for Medicines Made in India," Executive Course scheduled for May and June, 2014 in Hyderabad, India and Nairobi, Kenya
"Innovation in Health Care Services in India," Executive course scheduled for July, 2014
Prof. Stephen Sammut
Dr. Ben Ngoye
Dr. Ben Ngoye trained as a clinician and a public health and organizational development professional and his experience ranges through the cycle of project management from project conceptualization, resource mobilization and business development, to assessments and evaluations, organization learning and knowledge management. More recently he has been engaged in the technical backstopping and quality assurance of diverse national level technical assistance and capacity building assignments in health and HIV and AIDS.
A holder of a Masters Degree in Public Health, and a Masters degree in Organizational Development, Dr Ngoye has a good understanding of HIV/AIDS and other diseases of public health importance in Eastern Africa, of Health Systems and NGO Management, and of the health related socio-politico-economic issues of the wider Eastern and Central Africa by virtue of having worked in and supported government and civil society institutions in the region.
Dr. Ngoye is currently the Director - Institute of Healthcare Management, at Strathmore Business School.
Dr. Ngoye is Co-founder, Member, Board of Directors, African Institute of Health Care Management.
Dr. Ben Ngoye
Dr. Edward Rukwaro
Dr. Edward Rukwaro is the General Manager, CIC Group where his key role is to transform the division and position it into a stand-alone, fully capitalized medical insurer. He is also tasked with overseeing the design, marketing, promotion and delivery of quality insurance products, formulating and implementing company strategies as well as supporting the operation and administration of the activities of the Board of Directors. Prior to joining to CIC Group, Dr. Rukwaro served as the Group C.E.O and Managing Director of Mediheal Group Hospitals where his main task was to bring in governance, compliance to corporate and fiscal regulatory requirements as well as grow the business in both top-line and bottom-line perspectives.
Dr. Edward Rukwaro graduated with a Degree in Medicine and Surgery (MB.ChB), from the University of Nairobi in 1998. He also has a Post-graduate Diploma in Health Systems Management from Israel, Insurance qualification (life and healthcare insurance) from the – LOMA (USA), a fellowship in Capacity Building for Effective Health (CBEH) in healthcare financing. He has already completed the course work and is now at the stage of doing his thesis for an MBA in strategic management. Dr. Rukwaro has also been teaching insurance and management at Strathmore and Kenya Methodist Universities, he has over 15 years’ experience in the health sector in both Health Insurance and health care delivery.