The African Export-Import Bank, Afreximbank, has been named the African Bank of the Year at the African Banker Awards 2019 ceremony held on the sidelines of the Annual Meetings of the African Development Bank.
Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate Banking received the award on behalf of the Bank.
President of Trade Development Bank, Admassu Tadesse, was also named African Banker of the Year.
Afreximbank had in the past 18 months launched a number of game-changing products. Besides, it has demonstrated a high performance across various metrics and which has considerably changed the banking landscape by reaching out to new customers, offering new services and helping to drive growth through a stronger financial sector.
Other awards given out during the ceremony included: Central Bank Governor of the Year presented by to the awardee Tarek Amer of the Central Bank of Egypt (CBE) by Mr. Kamel; Lifetime Achievement to former First Rand Group CEO Sizwe Nxasana; African Banker Icon to Mitchell Elegbe, founder of Interswitch; Finance Minister of the Year to Romuald Wadagni of Benin; Investment Bank of the Year to Absa; and Retail Bank of the year to Ecobank.
The African Banker Awards, organized annually by IC Publications, celebrate excellence in banking and finance on the African continent.