Afreximbank New President Elombi's Vision
Dr George Elombi, a Cameroonian economist and long-serving executive of Afreximbank, has been sworn in as the fourth President and Chairman of the Board of Directors.
The investiture ceremony, held in Cairo, marked the official handover of leadership from outgoing Nigerian president Professor Benedict Oramah, who served since 2015.
Elombi pledged a transformative vision centred on trade industrialisation, value addition, and intra-African integration.
Speaking at the investiture ceremony, Dr Elombi revealed that over the past decade, Afreximbank’s total assets and guarantees have grown eightfold to $43.5 billion, making it one of the continent’s most powerful financial institutions.
He said revenues rose sevenfold to $3 billion.
Autor's resume: Dr Elombi leads Afreximbank.
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