Dr. George Agyekum Donkor, President of EBID, elected Honorary President of G-NEXID

Dr. George Agyekum Donkor, President of EBID, elected Honorary President of G-NEXID

The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) has elected Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, as its new Honorary President. The election took place on July 6th in Geneva, Switzerland, during the organization’s 18th Annual General Assembly with the theme Building opportunities for South-South and triangular cooperation in a multi-crisis context”.

In his acceptance statement, Dr Donkor emphasized the importance of international networks, such as G-NEXID, that provide a powerful platform for dialogues which generate positive outcomes, contributing to economic prosperity as well as socio-political stability for the benefit of vulnerable populations. He pledged that his tenure as Honorary President would be dedicated to continuing to expand the reach of G-NEXID, with the aim of fostering collaboration and cooperation among member institutions to facilitate international trade, investment, and economic development by providing financial support, risk mitigation, and advisory services to promote sustainable growth.

In this regard, he assured the delegates of the implementation of a dynamic work plan based on the G-NEXID strategy for 2023-2025 which includes components such as networking and peer review, information sharing, capacity-building initiatives, and advocacy amongst others. The strategy is aimed at increasing cooperation between members to boost regional trade while providing resources to finance key projects and developmental programs.

The general assembly also elected Mr. Mohammad Zanna Awami, Head Specialized Business Department of NEXIM (Nigerian Export-Import Bank) as the new Honorary Treasurer.

The Secretary General of the United Nations Conference on Trade and Development (UNCTAD), Mrs. Rebecca Grynspan, who was a keynote speaker, encouraged G-NEXID members to be intentional in their drive to improve South-South trade and development. “You are not just financiers but rather architects of the future.”

G-NEXID is a global network headquartered in Geneva which was launched in 2006 with the support of the United Nations Conference on Trade and Development (UNCTAD). Dr Donkor’s election as Honorary President of G-NEXID, in light of his exemplary track record as a strategic leader and a champion for socio-economic development, is a step in the right direction for the organization as it prepares to further expand its interventions on a global scale.

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