Haytham El Maayergi has joined the African Export-Import Bank (Afreximbank) as its Executive Vice President of Global Trade Bank, succeeding Amr Kamel, former Executive Vice President of Business Development, and Corporate Banking.
El Maayergi has over 30 years of diverse experience in the banking sector, including 25 years in regional and multinational banks such as Citibank, Standard Chartered Bank, and Société Générale.
He has held various positions in global transaction banking/trade finance, corporate banking and financial institutions, retail banking, digital factories, operations, and technology departments. He has a proven track record of structuring innovative trade finance and bilateral lending solutions, including Islamic structures, for both multinational corporations (MNCs) and large local corporations.
El Maayergi has extensive knowledge of the Middle East & North Africa markets, with a primary focus on Egypt and Gulf Council Countries. He also has a broad international perspective, having worked extensively in Asia, Europe, and the Americas during his tenure with other multinational banks.
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 a diverse portfolio of customers across Africa, and will also be responsible for developing a broad range of global trade banking products. This includes trade finance, syndications, and advisory and capital market services. He will also be responsible for sourcing new transaction opportunities, and managing the entire value chain for global trade banking, while mitigating associated risks.
In addition, he will serve as a liaison between the President, the Board of Directors, stakeholders, and investors providing strategic direction, building relationships, and ensuring compliance with risk guidelines, a vital role pivotal for Afreximbank and the Global Trade Bank’s success.
Commenting on his appointment, Haytham El Maayergi, said: “I am deeply honored 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.”