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Africa Finance Corporation appoints Banji Fehintola as Executive Director

Africa Finance Corporation (AFC), has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1.  

According to a statement from the Corporation, Banji brings extensive financial expertise and leadership experience to drive AFC’s strategic initiatives to further strengthen its financial position and enhance the Corporation’s growth trajectory. 

Fehintola, who joined the Corporation in 2008 and rose through the ranks to become AFC’s pioneer Treasurer, was said to have been instrumental in securing the Corporation’s investment-grade credit rating and raising over US$ 12 billion in funding for AFC through diverse funding sources. 

The Corporation noted that with over two decades of extensive experience in global markets, financial services, and infrastructure finance across Africa, Fehintola brought a wealth of expertise to his new role at AFC. 

In his new position as Executive Director of Financial Services, AFC said Fehintola would oversee several functions including Treasury and Financial Institutions, Financial Advisory, Syndications, and the newly created Capital Mobilization and Partnerships.  

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