EDUN SWEARS IN GEORGE ELOMBI AS NEW AFREXIMBANK PRESIDENT. (PHOTO)

 Edun swears in George Elombi as new Afreximbank President

Minister of Finance and Coordinating Minister of the Economy Wale Edun, on Saturday administered the oath of office to Mr. George Elombi, the new President of the African Export-Import Bank (Afreximbank). 

The ceremony took place during the Afreximbank Legacy Conference and Investiture in Cairo.

Edun charged the new President to lead with a vision for an integrated and prosperous Africa, describing the event as a historic and defining moment for the continent and the institution.

“Elombi, you are no stranger to this institution. You now assume leadership at a defining moment, a time when Africa’s destiny is being rewritten through resilience and innovation,” Edun said. 

“Your appointment represents continuity, renewal, and a seamless transition from the solid foundation laid by your predecessor sitting right next to you. It is a bold leap toward the future we all envisage.”

Edun, who conveyed warm felicitations from President Bola Ahmed Tinubu and the people of Nigeria, urged the new President to sustain the Bank’s founding philosophy by deepening its role as a catalyst for Africa’s self-reliance.

“Mr. President, your ascension is a testament to the founding philosophy that inspired this great institution. You are called not just to lead a bank, but to steward a vision, a vision of a self-reliant, integrated, and prosperous Africa,” he declared.

The Minister recalled that four months earlier, at the 32nd Afreximbank Annual Meetings, he served as Chairperson during the announcement of Elombi’s unanimous selection as the fourth President and Chairman of the Board of Directors of the Bank.

He remarked that: “This appointment is not merely a change in leadership; it is the dawn of a new era, a moment that reaffirms Afreximbank’s central role in shaping Africa’s financial sovereignty, its trade future, and, indeed, as Aliko Dangote rightly said, its manufacturing future.”