Afreximbank names Olowononi to lead Southern Africa operations

Afreximbank President and Chairman of the Board of Directors, George Elombi, said the appointments reflected the depth of professional talent within the bank and its focus on executing its development mandate.

“These appointments highlight the depth of leadership and professional talent within Afreximbank, as well as our commitment to placing experienced executives at the centre of executing the Bank’s development mandate,” Elombi said.

L-R: Mr. Eric Intong Monchu, Mr. Kudakwashe Matereke, Mr. Humphrey Nwugo, Mr. Peter Adeshola Olowononi, and Mr. Roy Reid

Meanwhile, Eric Intong Monchu has been appointed Group Managing Director, Client Relations and Regional Operations, based in Cairo, after serving in the position in an acting capacity.

Kudakwashe Matereke, who previously headed regional operations in East Africa, has been appointed Director of Regional Operations for Anglophone West Africa and will be based in Abuja, Nigeria.

Humphrey Nwugo has been appointed Director of Regional Operations for Eastern Africa, based in Kampala, Uganda, after serving in a similar role in Southern Africa.

In the Caribbean, Roy Reid has been appointed Chief Operating Officer of Afreximbank’s Caribbean Office in Bridgetown, Barbados, effective July 15. He previously served as a senior adviser at the Office of Jamaica’s Prime Minister.

Afreximbank said the appointments would strengthen links between client coverage, regional operations and transaction execution as it seeks to expand market coverage and deepen engagement with clients and stakeholders across Africa and the Caribbean.

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