Dr. George Elombi, a seasoned Cameroonian jurist, has been officially appointed President and Chairman of the Board of Directors of the African Export‑Import Bank (Afreximbank). He is the fourth individual to lead the institution since its founding in 1993.
His election took place at the 32nd Afreximbank Annual Meetings held in Abuja, Nigeria, from June 25–28, 2025, with the decision confirmed by shareholders during the General Meeting on June 28.
He will officially begin his tenure in September 2025, succeeding Professor Benedict Oramah.
Academically, Mr Elombi he holds a Ph.D. in Commercial Arbitration from the London School of Economics.
In his inaugural address, Dr. Elombi committed to industrializing Africa, restoring African dignity globally, and transforming Afreximbank into a US $250 billion institution within 10 years.
About Afreximbank https://www.afreximbank.com/
Founded in 1993, the African Export‑Import Bank supports intra‑ and extra‑African trade. As of end‑2024, it held total assets of US $40.1 billion and shareholders’ equity of US $7.2 billion, with strong investment‑grade ratings.
We send our heartiest congratulations to Dr. George Elombi on this historic milestone. His elevation not only honors Cameroon but also reinforces his commitment to strengthening Africa’s trade infrastructure and economic sovereignty.
Written by: Mr. Manyanye Paul Ikome
