Somit has been a proven and respected investor in oil, gas, mining and infrastructure projects across the globe for more than three decades. During his time at the International Finance Corporation (IFC), he was the Global Head of Oil, Gas, Mining and Chemicals, Chairman of the IFC Oil, Gas, Mining and Chemicals Investment Committee, and Chairman of the Global Gas Flaring Reduction Partnership.
From 2011 until July 2020, Somit was a Managing Director of the Energy Group at Warburg Pincus LLC, one of the world’s premier private equity firms. Throughout his tenure at Warburg Pincus, Somit served on the boards of several international energy companies where he worked with management teams on a diverse set of issues including new acquisitions, strategic partnerships, capital allocation, risk management, succession planning, and growing and mentoring teams. Currently, he is Chairman of the Energy and Infrastructure Council of EMPEA, the global industry association for private capital in emerging markets. Somit earned his MBA at Boston University before attending the Executive Development Program at Harvard Business School.