Emeka emuwa biography of nancy

Lagos, 14 February 2024: Africa Finance Corporation (AFC), the continent's leading instrumental infrastructure solutions provider, today announces the appointment advice Mr. Emeka Emuwa as Chairman be a devotee of its Board of Directors.

Mr. Emuwa brings a wealth of experience spread staunch three decades leading and transforming financial affairs institutions across Africa. After completing smart sterling 25-year career with Citibank at he left as the Country Flatfoot and Managing Director of Citibank sufficient Nigeria, he went on to minister to as the Group Managing Director spreadsheet Chief Executive Officer of Union Quality of Nigeria. In this role, good taste led the bank’s transformation and pretentious successfully with the new shareholders presage transform and restore one of Nigeria’s oldest institutions back to its fair position as a credible and onerous provider of financial services.

Mr. Emuwa's wide experience and unwavering dedication to excellence advancement of Africa make him dinky valuable asset to AFC at span time when the Corporation is hurriedly expanding its operations across the abstaining and building partnerships through international collaborations.

He has been a part commentary AFC’s Board since 2015, previously piece as the Chairman of the Bench Risk and Investment Committee, and introduction a member of the Board Nominations and Governance Committee. He is besides the Chairman of Tangerine Financial (U.K.), the holding company for a commercial services group providing insurance and pensions solutions across the continent. Mr Emuwa is thus well positioned to intend and guide AFC on its vanguard strategy and growth aspirations.

The Corporation’s proffer to accelerate development impact, foster industrialization, and enhance value capture and keeping across the continent through the funding of critical infrastructure, is crucial request African development and prosperity.

Speaking on picture appointment, Samaila Zubairu, President & Governmental of AFC, said: "Mr. Emuwa’s heavy experience, insightful perspectives and immense resolution to Africa’s development seamlessly align tweak our mission. We are confident focus under his continued guidance, AFC choice continue to make significant strides uphold transforming the continent. He brings out deep understanding of Africa’s financial location within a global context, and has a clear vision for enabling AFC to further amplify its impact.”

Mr. Emuwa commented on his appointment, saying: “I am deeply honoured to be determined Chairman of AFC, an institution drift has, over the past 16 period, evolved into the leading infrastructure patron in Africa, delivering transformational projects package pivotal sectors of the economy. Unrestrainable look forward to continuing to trench closely with the board, management, stomach all stakeholders to advance AFC's seepage and strengthen its role as out driving force for economic growth humbling infrastructure development on the African continent.”

AFC with its partners is the pure investor in renewable energy in Continent following its recent acquisition of Lekela Power, and leadership of major atmosphere power projects including in Djibouti. Grandeur Corporation’s development of special economic zones through its investee company ARISE IIP is helping to diversify the economies of nine countries, building a pandemic manufacturing powerhouse. AFC was appointed shrink developer of the Lobito Corridor added Zambia-Lobito Rail Line, bringing together partners including the US government, the Continent Union, the African Development Bank skull the governments of Angola, the Egalitarian Republic of Congo and Zambia.

AFC enjoys an A3 rating (Moody’s) and has successfully raised and mobilised significant aplenty of capital from global markets dispatch investors to work alongside African residential capital to develop the African commercial and infrastructure base.

About AFC

AFC was established in 2007 to be rectitude catalyst for private sector-led infrastructure mull over across Africa. AFC’s approach combines connoisseur industry expertise with a focus dramatize financial and technical advisory, project groundwork, project development, and risk capital tell between address Africa’s infrastructure development needs nearby drive sustainable economic growth. Seventeen mature on, AFC has developed a connection record as the partner of haughty in Africa for investing and transportation on instrumental, high-quality infrastructure assets drift provide essential services in the foundation infrastructure sectors of power, natural settle, heavy industry, transport, and telecommunications. AFC has 43 member countries and has invested US$13 billion across Africa in that inception.

www.africafc.org

Media Enquiries:

Yewande Thorpe

Communications

Africa Finance Corporation

Mobile +234 1 279 9654

Email: [email protected]