• Thursday, July 18, 2024
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AFC gets new director of financial services

AFC gets new director of financial services

Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has announced the appointment of Banji Fehintola as its new executive director of financial services, effective August 1.

According to a statement on Monday, Banji brings financial expertise and leadership experience to drive AFC’s strategic initiatives to strengthen its financial position and enhance the Corporation’s growth trajectory.

“Banji succeeds Sanjeev Gupta, who completes the final term of his appointment with AFC in October of this year, following 9 years of exceptional service to the Corporation,” the statement said.

It said Banji will oversee several functions including Treasury & Financial Institutions, Financial Advisory, Syndications, and the newly created Capital Mobilization & Partnerships in his new role.

Samaila Zubairu, President and CEO of AFC expressed his gratitude and enthusiasm for the new appointment.

Read also: Africa Finance Corporation’s assets rise 17% in 2023

“We are grateful for Sanjeev’s 9 years of dedicated service to AFC and his significant contributions to supporting the Corporation’s growth and impact on the African continent and beyond. In the same vein, we are thrilled to welcome Banji as our new executive director of financial services,” he said.

He said Banji’s proven record and global financial knowledge make him a perfect fit for our Board and executive team.

“It has been an absolute privilege to serve at Africa Finance Corporation for the past nine years. Our accomplishments together have been most satisfying for me and I am confident that with the appointment of Banji Fehintola, AFC is well-positioned for continued success. I wish Banji the best as he takes on this role and contributes his expertise to furthering AFC’s mission in Africa,” Sanjeev said.

Banji expressed his gratitude to the institution stating that AFC’s mission aligns with his purpose and it plays a critical role in shaping the future of Africa’s infrastructure landscape.