Zubairu becomes AFC’s third president

Andrew Alli, Former Managing Director, African Finance Corporation

Africa Finance Corporation (AFC), has introduced the appointment of Samaila D. Zubairu because the Corporation’s third President and Chief Executive Officer, succeeding Andrew Alli who involves the tip of his tenor, having efficiently served within the place since 2008.

Zubairu is a distinguished Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and an completed Infrastructure growth finance specialist with over 29 years expertise.

He is the Chief Executive Officer of Africapital Management Limited, during which place he established a three way partnership with Old Mutual’s African Infrastructure Investment Managers (AIIM) to develop the Nigerian Infrastructure Investment Fund1 (NIIF1) for infrastructure non-public fairness throughout West Africa.

He additionally just lately coordinated the United States$300 million acquisition of Eko Electricity Distribution Plc.

He was the pioneer CFO for Dangote Cement Plc, throughout which he launched Africa’s largest syndicated mission finance facility for a native corporate to actualize the Obajana Cement mission and managed the watershed unbundling of Dangote Industries Limited to listed subsidiaries on the Nigerian Stock Exchange.
He has led finance transactions for over US$three billion masking: green-field mission finance amenities, acquisitions, corporate transformation initiatives, privatisation and fairness capital market transactions.

Samaila is an Eisenhower Fellow and sits on the Eisenhower Fellowship’s Global Network Council in addition to the President’s Advisory Council.

He can also be an Advisory Board member for KSE Africa a main Operations and Management supplier of captive energy crops within the mining sector of Botswana and Nigeria and is the Chairman of MDSA Nigeria restricted, a fintech firm offering micro loans throughout sub-Saharan Africa.

Samaila is the Independent Director and Chairman Statutory Audit Committee in addition to a member of Finance and General-Purpose and Establishment and Governance Committees of Aiico Insurance Plc. He additionally serves as an Independent Director and Chairman of the Finance Committee for New Nigeria Commodity Marketing Company.

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