The Africa Finance Corporation has announced the appointment of Samaila Zubairu as its third president and chief executive officer.
The AFC said in a statement that Zubairu succeeded Andrew Alli who had come to the end of his tenure, having successfully served in the position since 2008.
The corporation said Zubairu was the pioneer chief financial officer for Dangote Cement Plc, and had led finance transactions worth over $3bn; covering Greenfield project finance facilities, acquisitions, corporate transformation initiatives, privatisation and equity capital market transactions.
The Chairman, AFC, Okwu Nnanna, stated that Zubairu’s appointment followed a six-month search process that saw over 100 candidates apply for the role.
He said, “On behalf of the corporation, I am delighted to welcome Zubairu to the AFC. In Samaila, we have identified an individual with the exceptional qualities across deal origination, execution, and capital raising that will continue to facilitate the AFC’s ability to deliver transformational change through infrastructure investment as it moves into a new era.”
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