Mmegi

Elombi takes over at Afreximbank

New broom: Elombi
New broom: Elombi

Cameroonian commercial lawyer, Dr George Elombi, has taken over as the President of the African Export-Import Bank (Afreximbank), a multilateral pan-African trade finance institution with assets of over $40 billion.

In a ceremony on Saturday in Cairo, Egypt, Elombi was formally inaugurated as Afreximbank’s fourth president, taking over from Professor Benedict Oramah. The investiture ceremony was witnessed by over 2,000 guests, including heads of state, former heads of state, government leaders and representatives from across Africa and the Caribbean, top African business leaders, all former Afreximbank presidents, members of the bank’s board of directors, shareholders and others.

Elombi has been with Afreximbank since 1996, joining as a Legal Officer. He rose through the ranks to become Executive Vice President, Governance, Legal and Corporate Services. Over his nearly three decades at the Bank, he has served as Director and Executive Secretary (2010–2015); Deputy Director, Legal Services / Executive Secretary (2008–2010); Chief Legal Officer (2003–2008); and Senior Legal Officer (2001–2003).

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