The African Export-Import Bank (Afrieximbank) has marked a historic leadership transition as Professor Benedict Okey Oramah completed his decade-long tenure as President and Chairman of the Board of Directors.

The event, held on October 25, 2025, in Cairo, Egypt, also celebrated the official investiture of Dr George Elombi as the Bank’s fourth President.

The farewell and investiture ceremony drew an impressive gathering of over 2,000 dignitaries, including Heads of State, former Presidents, senior government officials, business executives, and leading industry figures such as Aliko Dangote and Ghanaian business mogul Alhaji Yusif Ibrahim.

Alhaji Yusif Ibrahim, who was honoured with a glowing tribute as one of the founding fathers and pioneering investors of Afrieximbank, extended his heartfelt congratulations to the incoming President, Dr Elombi.

“Afrieximbank has been a pillar of Africa’s trade and financial independence for over three decades. I am proud to have been part of its founding vision,” Alhaji Yusif Ibrahim said.

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“Dr Elombi’s appointment marks a new era of innovation, continuity, and deeper integration for African trade. I wish him every success as he builds upon the solid foundation laid by Professor Oramah,” he added.

Afrieximbank, which is Africa’s premier trade finance institution, currently boasts a balance sheet and guarantees valued at nearly US$44 billion, reinforcing its mission to promote intra and extra-African trade through financing, partnerships, and policy innovation.

Outgoing President Professor Benedict Oramah was celebrated for his transformative leadership, which significantly expanded the Bank’s capital base, influence, and developmental footprint across the continent.

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