Dr, George Elombi, has been inaugurated as the 4th President and Chairman, Board of Directors of the AFRIEXIM Bank in a colourful ceremony in Cairo, Egypt.
The event which marks the end of the two tenure of Prof. Benedict Okechukwu Oramah was graced by Nigerian Finance Minister, Mr. Wale Edun who doubled as the chairman of the occassion.
Dr. Elombi, a Cameroonian was appointed at the 32nd Annual General Meeting (AGM) of the Bank of the bank held in Abuja on June 28, 2025.
Dr. Elombi who was educated in Cameroon and United Kingdom joined the bank in 1996 as a Legal Officer had held several roles in the bank, including Senior Legal Officer (2001–2003), Chief Legal Officer (2003–2008), Deputy Director for Legal Services and Executive Secretary (2008–2010), and Director and Executive Secretary (2010–2015).
He was appointed Executive Vice President in charge of Governance, Legal and Corporate Services in 2015. In this capacity, he led the establishment of Afreximbank Group subsidiaries, guided institutional governance, and oversaw legal and board operations. He also chaired the Bank’s Emergency Response Committee during the COVID-19 pandemic, helping mobilize over US$2 billion for vaccine access in Africa and the Caribbean. Under his leadership, the Bank raised approximately US$3.6 billion in equity by April 2025.
Nigeria’s Prof. Benedict Okechukwu “Okey” Oramah, GCON was one of the pioneer staff of the bank. He was elected President of the African Export-Import Bank (Afreximbank) in 2015 and re-elected for a second term in 2020.
