Afreximbank appoints Emmanuel Assiak as Acting CEO of FEDA
The Fund for Export-Development in Africa (FEDA) - an equity, development impact-oriented subsidiary of African Export-Import Bank - has appointed Emmanuel Assiak as Acting Chief Executive Officer until the recruitment of a substantive CEO is finalised.
Assiak has more than 28 years of financial service experience, spanning private equity, banking, and manufacturing. He joined Afreximbank in 2019 as Investment Director for FEDA. His appointment to Acting CEO comes after the death of former CEO Dr Philip Kamau, in January 2021, who led the organisation since 2018.
Prior to joining Afreximbank, Assiak was a Principal at African Capital Alliance, an African-focused private equity firm, with presence and networks across the continent. Prior to his joining the private equity organisation, he worked at leading Nigerian banks, including Zenith Bank Plc and Continental Trust Bank, now part of United Bank for Africa, where he had responsibility for banking operations, trade services, process management and product development.
