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).

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up