Haytham El Maayergi has been appointed as the Executive Vice President of Global Trade Bank at the African Export-Import Bank (Afreximbank), succeeding Amr Kamel, former Executive Vice President of Business Development, and Corporate Banking.

El Maayergi has over 30 years of banking experience, including 25 years at regional and multinational banks like Citibank, Standard Chartered Bank, and Société Générale.

He has held various positions in global transaction banking, corporate banking, retail banking, digital factories, operations, and technology departments. He has a proven track record in constructing innovative trade finance and bilateral lending solutions, including Islamic structures, for both multinational and large local corporations.

El Maayergi, a seasoned banker with extensive experience in the Middle East and North Africa, has a keen understanding of Egypt and the Gulf Council Countries. During his tenure with multinational banks, he has gained extensive experience in Asia, Europe, and the Americas.

Benedict Oramah, Chairperson of Afreximbank, commented: “We are delighted to welcome Haytham El Maayergi to Afreximbank as the new Executive Vice President, Global Trade Bank. This crucial appointment aligns with our strategic vision, as outlined in Strategic Plan VI. With his impressive wealth of experience, we are confident that El Maayergi will play a pivotal role in advancing our mission of fostering intra-African trade and economic integration.”

In his new role, El Maayergi will lead a team managing diverse African customers and develop global trade banking products, including trade finance, syndications, and advisory services. He will also oversee the global trade banking value chain, sourcing new transaction opportunities, and managing associated risks.

He will act as a liaison between the President, Board of Directors, stakeholders, and investors, providing strategic direction, building relationships, and ensuring risk compliance for Afreximbank’s success.

Haytham El Maayergi expressed his gratitude for the role and the opportunity to impact global trade and economic development in Africa.

He said: “I am deeply honoured to take on this role and embrace the significant responsibilities it entails. We have a tremendous opportunity to make a meaningful impact on global trade and economic development for Africa. I look forward to working with the team to identify new opportunities and effectively manage the entire value chain of global trade banking while ensuring rigorous risk management. I believe that together with Afreximbank’s leadership, we will achieve outstanding results and propel our global trade bank portfolio to greater success.”