Dr. George Elombi, a Cameroonian national and seasoned banking executive, has been officially sworn in as the fourth President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank).
The ceremony marked a historic leadership transition for the continental institution, as Dr. Elombi succeeds Prof. Benedict Okey Oramah, who has led the Bank since 2015 and is credited with expanding Afreximbank’s footprint across Africa and beyond.
Dr. Elombi, who joined the Bank in 1996, brings nearly three decades of institutional experience and strategic insight to his new role. Prior to his appointment, he served as Executive Vice President, Governance, Legal and Corporate Services, where he played a pivotal role in shaping Afreximbank’s governance systems, legal structures, and operational frameworks.
Under his leadership, the Bank strengthened its institutional foundations, expanded its capital base, and developed mechanisms to support African and Caribbean economies during periods of financial and public health crises.
With a deep understanding of Afreximbank’s mission — to drive trade, industrialization, and sustainable development across Africa — Dr. Elombi’s presidency is expected to build on the Bank’s strong legacy while positioning it to navigate evolving global economic realities.
His appointment reaffirms Afreximbank’s commitment to continuity, excellence, and African-led leadership in advancing the continent’s trade and financial integration agenda.
