Professional portrait of a man in a suit, symbolizing leadership and exploration across Africa’s wild trails.
Cameroonian George Elombi has been appointed President of Afreximbank, succeeding Nigeria’s Benedict Oramah after nearly a decade at the helm. A veteran of the bank since 1996, Elombi assumes leadership amid criticism of Fitch Ratings for downgrading the institution—sparking claims of bias against African entities. Known for his role in shaping Afreximbank’s structure and raising over $2 billion during the Covid-19 pandemic, Elombi now faces the ambitious task of growing the bank into a $250 billion powerhouse. As Africa’s top trade finance bank, Afreximbank aims to supercharge intra-African trade and industrialization. With bold goals and experienced leadership, the bank enters a pivotal new chapter.
CNBC Africa