Afreximbank Appoints Director for Advisory and Capital Markets

Categories: Press Releases

Cairo, 13 July 2017: – The African Export-Import Bank (Afreximbank) has announced the appointment of Ibrahim Sagna as Director of its Advisory and Capital Markets (ACMA) Department.

Ibrahim Sagna, Director, Advisory and Capital Markets, Afreximbank.

Ibrahim Sagna, Director, Advisory and Capital Markets, Afreximbank.

Mr. Sagna, a Senegalese national, joins the Bank from the Africa Finance Corporation where he was head of Financial Advisory Services.

His professional experience, spanning more than 20 years, has included stints at the International Monetary Fund, Emerging Capital Partners in America, and Millennium Global and Blackthorn Capital in Europe. He also served recently as a board director at the Capital Markets Authority of Rwanda.

Mr. Sagna holds a Bachelor’s degree and a Master of Finance from Boston College in the United States and has attended management programmes at both the Harvard Business School and the London Business School.

In his new role, he will work closely with governments, sovereign owned entities, private equity fund managers, pension fund managers, investment holdings, family offices, and industrialists to help design and execute investment management strategies and capital markets programmes.

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Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238)

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AGM Website: En.afreximbank-agm.com; Hashtag: #AfreximAGM17

 

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 $51 billion in credit facilities for African businesses, including about $10.3 billion in 2016. Afreximbank had total assets of $11.7 billion as at 31 December 2016 and is rated BBB+ (GCR), Baa1 (Moody’s), and BBB- (Fitch). The Bank is headquartered in Cairo. For more information, visit: www.afreximbank.com