Africa Finance Corporation (AFC) has appointed Mr. Emeka Emuwa as Chairman of its Board of Directors. With over three decades of experience leading and transforming banking institutions across Africa, Mr. Emuwa is set to bring valuable insights to the corporation.
His impressive career includes a 25-year tenure at Citibank, where he held the position of Country Officer and Managing Director of Citibank in Nigeria. Following this, he served as the Group Managing Director and Chief Executive Officer of Union Bank of Nigeria, where he successfully led the bank’s transformation.
Mr. Emuwa has been a part of AFC’s Board since 2015 and is well positioned to oversee and guide the corporation on its future strategy and growth aspirations. His extensive experience and unwavering dedication to the advancement of Africa make him a valuable asset to AFC at a time when the Corporation is rapidly expanding its operations across the continent and building partnerships through international collaborations.
In his new role, Mr. Emuwa expressed his deep honor at being appointed Chairman of AFC and looks forward to working closely with the board, management, and all stakeholders to advance AFC’s mission and strengthen its role as a driving force for economic growth and infrastructure development on the African continent.
AFC’s mission to accelerate development impact, foster industrialization, and enhance value capture and retention across the continent through the provision of critical infrastructure is crucial for African development and prosperity.
Under Mr. Emuwa’s continued guidance, AFC is expected to make significant strides in transforming the continent. The leading infrastructure investor in Africa, AFC, with its partners, is the biggest investor in renewable energy in Africa. These are important steps in the drive towards sustainable economic growth and infrastructure development in Africa.