Cairo, 14 December 2016: – The African Export-Import Bank (Afreximbank) has announced the appointment of Rene Awambeng, formerly of Ecobank Transnational Inc., as Director, Client Relations (Headquarters and Branches).
Until the appointment, Mr. Awambeng was Group Head, Global Corporates, Corporate and Investment Bank, at Ecobank Transnational Inc. in Paris, a position he assumed in July 2014. He also served in the same position at Ecobank Transnational in Lagos, Nigeria from 2012 to 2014.
During his 14-year stint with Ecobank Transnational Inc., Mr. Awambeng, among other positions, served variously as Group Head, Commodity Finance, Corporate and Investment Bank, in London; Executive Director/Chief Executive Officer, Ecobank Rwanda Ltd.; Project Director, Ecobank Zimbabwe; Executive Director/Chief Executive Officer, Ecobank Democratic Republic of Congo Ltd.; and Group Head, Multinational and Regional Corporates, Corporate Banking and Wholesale Banking, Ecobank Transnational Inc., Accra.
Mr. Awambeng’s experience spans the corporate and commercial banking sectors, including the ability to build business and develop relationships in commercial, social and political environments.
In his new role, he will lead the design and implementation of Afreximbank’s client-focused business strategies, including managing the delivery of all Bank products to the clientele and managing the operation of Afreximbank branch offices. He will also oversee the management of relations with governments at the branch office level.
Mr. Awambeng, a Cameroonian national, holds a bachelor of arts degree from the University of Yaoundé and an MBA from the University of Nottingham Business School in the United Kingdom. He is a member of the Chartered Institute of Management Accountants of the United Kingdom.
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The African Export-Import Bank (Afreximbank) is the foremost Pan-African multilateral financial institution devoted to financing and promoting intra- and extra-African trade. The Bank was established in October 1993 by African governments, African private and institutional investors, and non-African investors. Its two basic constitutive documents are the Establishment Agreement, which gives it the status of an international organization, and the Charter, which governs its corporate structure and operations. Since 1994, it has approved more than $41 billion in credit facilities for African businesses, including about $6.2 billion in 2015. Afreximbank had total assets of $9.4 billion as at 30 April 2016 and is rated BBB- (Fitch) and Baa2 (Moody’s). The Bank is headquartered in Cairo. For more information, visit: www.afreximbank.com