Afrexim bank appoints new CEO for subsidiary


The African Export-Import Bank has announced the appointment of Ms Marlene Ngoyi as the chief executive officer of the bank’s development-oriented subsidiary, the Fund for Export-Development in Africa.

The pan-African multilateral financial institution has also appointed Mr. Emmanuel Assiak as the chief investment officer for FEDA.

This was disclosed in a statement and signed by Afreximbank’s Media Manager, Amadou Sall, on Friday, in Abuja.

Ngoyi, who hails from the Democratic Republic of Congo, has more than 17 years of experience and has worked with social enterprises, private companies, public-private partnerships, and across Africa.

She graduated Magna cum Laude from Bentley University with a B.Sc. Economics and Finance. She also holds a Master’s degree in Business Administration from Harvard Business School.

Ngoyi also served as the CEO of BGFI Investment Banking, where she led the company in raising more than $4bn of capital and foreign direct investment for private and sovereign clients.

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Additionally, she was CEO of a commercial bank in the DRC for two years, leading a financial turnaround by restoring its financial profitability.

In addition, under her leadership, the bank also became one of the selected few banks in sub-Saharan Africa to complete and obtain anti-money laundering (30,000) certification for combating money laundering and terrorist financing.

Contact: [email protected]

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