African Export-Import Bank (Afreximbank) on Saturday June 13, 2015 appointed Dr. Benedict Oramah to be the next President of the continental multilateral trade finance institution.

Oramah takes over from Jean-Louis Ekra, who has been the bank’s chief executive officer since 2005. Mr. Ekra was preceded in the post by Christopher Edordu, the pioneer President of the bank.

 Dr Oramah was before now the Executive Vice President in charge of Business Development and Corporate Banking at Afreximbank since 2008. He was a pioneer staff of the bank, which he joined in 1994 as Chief Analyst, rising to the position of Senior Director, Planning and Business Development Department in 2007. He previously served as Assistant Manager (Research) at the Nigerian Export-Import Bank from 1992 to 1994.
Oramah had this to day to shareholders of the bank;

“I may not be a shareholder of your bank, but my interests in the bank are fully aligned with yours.”I have invested most of my adult life in your bank: I made important contributions in the establishment and development of the bank so I have a vested interest in its survival and growth. Your bank exposed me to the world; and above all, about two years ago, your bank saved my life. So there can be no sacrifice too great for me to make for your bank. I step into the new role with courage and loyalty founded on these facts.”