Cairo, 08 June 2016: –The African Export-Import Bank (Afreximbank) has appointed Gwen Mwaba as its new Director of Trade Finance.
She takes over the position from Kanayo Awani who was recently appointed Managing Director, Intra-African Trade Initiative.
Until her appointment, Ms. Mwaba was the Regional Manager for Anglophone West Africa in charge of Afreximbank’s Abuja Branch Office, a position she held since May 2015.
A Zambian national, the new Director joined Afreximbank from Standard Bank Plc., where she worked as Executive Vice President, Structured Trade Finance and Syndications for Africa based in London.
Prior to that, she worked variously with Stanbic Bank Zambia Ltd as Head, Vehicle and Asset Finance and as Head, Corporate Banking; Standard Bank of South Africa as Head of Corporate Banking; African Banking Corporation as Corporate Banking Manager; and Stanbic Bank Zambia Ltd as Account Manager, Financial Services.
Ms. Mwaba, holds a Bachelor of Applied Accounting from Oxford Brooks University, United Kingdom, and a Master of Business Administration from Heriot-Watt University, also in the United Kingdom.
Media Contact: Obi Emekekwue (oemekekewue@afreximbank.com; Tel. +202-2456-4238)
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About Afreximbank:
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