The African Export-Import Bank (Afreximbank) has officially sworn in Dr. George Elombi as the fourth President and Chairman of the Board of Directors of the institution, marking a new chapter in the Bank’s three-decade history of driving trade and development across Africa.
A Cameroonian national and seasoned executive, Dr. Elombi succeeds Prof. Benedict Oramah, who successfully led the Bank from 2015 to 2025, overseeing a period of significant expansion, innovation, and strengthened continental trade partnerships.
Dr. Elombi, who has been with Afreximbank since 1996, has risen steadily through the institution’s ranks to serve as Executive Vice President, Governance, Legal and Corporate Services, a position from which he has played a pivotal role in shaping the Bank’s legal, institutional, and governance frameworks.
With nearly three decades of experience within Afreximbank, Dr. Elombi brings an unmatched depth of institutional knowledge and leadership continuity. He has been instrumental in expanding the Bank’s capital base, strengthening its governance systems, and advancing the institution’s pan-African and Caribbean integration strategy.
During his tenure as Executive Vice President, Dr. Elombi also led several key crisis response initiatives that supported African economies through major financial and public health challenges, including the Bank’s coordinated trade finance and recovery programs during periods of regional economic strain.
As he assumes the presidency, Dr. Elombi is expected to build on Afreximbank’s strategic vision to promote intra-African trade, deepen industrialization, and enhance Africa’s role in the global economy through innovation, sustainability, and financial inclusion.
The Board of Directors expressed confidence in Dr. Elombi’s leadership, citing his “unwavering dedication to the mission of Afreximbank and his profound understanding of Africa’s trade and development landscape.”
