The Board and Management of the African Export-Import Bank (“Afreximbank” or the “Bank”) would like to inform the Stock Exchange of Mauritius (SEM) and members of the investment community about recent changes in the membership of the Board and executive management of the Bank.
1. Dr. Sid Ould Tah
Dr. Tah was elected by the shareholders at the Annual General Meeting held on 18 June 2022 as a director representing Class “C” shareholders.
He replaced Mr. Daniel Hannah, whose three-year term had come to an end. Dr. Tah is the Director General of the Arab Bank for Economic Development in Africa (BADEA) and he holds a PhD degree in Economics from Nice -Sophia- Antipolis University and a master’s degree in economics from Paris VII University.
2. Ms. Aisha Shehu Omar
Ms. Aisha Omar was appointed as an alternate director to Mr. Aliyu Ahmed with effect from 7 June 2022, Mr. Aliyu Ahmed is a director representing Class “A” shareholders. Ms. Aisha Omar is the Director-International Economic Relations Department in the Federal Ministry of Finance Budget and National Planning, Nigeria. She holds a degree in Business Administration (Financial Management and Banking) from the Ahmadu Bello University, Nigeria.
3. Mr. Stefan Nalletamby
Mr Stefan Nalletamby, who represented shareholders in Class “A” resigned from the Board with effect from 19 May 2022. He is yet to be replaced.
4. Ms. Kanayo Awani – Executive Vice President, Intra-African Trade Bank
The Board of Afreximbank has approved the appointment of Ms. KanayoAwani to the position of Executive Vice President of the Intra-African Trade Bank (effective 1 July 2022). She will lead a new executive division of the Bank, responsible for driving all Afreximbank intra-African trade activities, including all its African Continental Free Trade Area (AfCFTA) implementation engagements.
Ms. Awani had served as Managing Director, Intra-African Trade Initiative since 18 May 2016 where she assisted the Bank to drive its Intra-African Trade Strategy.
Previously, Ms. Awani was Director of Afreximbank’s Trade Finance and Branches Department with responsibility for the Bank’s business development efforts in trade finance across Africa.
By the order of the Board
14 July 2022