Africa finance corporation new md
The Africa Finance Corporation (AFC) has appointed a new Managing Director and Chief Executive Officer (CEO). As of January 2022, the new MD and CEO is Mr. Samaila Zubairu.
Here are some key facts about Mr. Zubairu:
- Background: Mr. Zubairu has over 25 years of experience in the financial sector, with a focus on Africa. He has worked in various roles, including investment banking, private equity, and asset management.
- Previous roles: Before joining the AFC, Mr. Zubairu was the CEO of the African Development Bank's Private Sector Operations. He has also held positions at the International Finance Corporation (IFC), the World Bank, and the African Export-Import Bank (Afreximbank).
- Education: Mr. Zubairu holds a Bachelor's degree in Economics from the University of Ibadan, Nigeria, and a Master's degree in Business Administration from the University of Lagos, Nigeria.
- AFC experience: Mr. Zubairu has been with the AFC since 2015, serving as the Chief Investment Officer before his appointment as MD and CEO.
- Focus areas: Under his leadership, the AFC is expected to focus on increasing its investments in Africa's infrastructure, energy, and industrial sectors, while also promoting economic integration and regional development.
The Africa Finance Corporation is a leading pan-African multilateral development finance institution that aims to promote economic development and regional integration in Africa.