Aamfi Appoints Dr. Corneille Karekezi As Chairperson As the Alliance Welcomes New Members - Banque Ouest Africaine De Développement and Regional Maritime Development Bank
AllAfrica
March 3, 2026
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The Alliance of African Multilateral Financial Institutions (AAMFI) has announced the appointment of Dr. Corneille Karekezi as its new Chairperson of the Governing Council, effective following the Ninth Meeting of the AAMFI Governing Council held on 14 February 2026 in Addis Ababa, Ethiopia. Dr. Karekezi, currently serving as Group Managing Director and Chief Executive Officer of the African Reinsurance Corporation (Africa Re), takes over from Samaila Zubairu, who had led the Alliance since its establishment in 2024. The appointment marks a significant milestone for AAMFI as it continues to strengthen collaboration among African financial institutions to address development financing challenges and advance Africa-led solutions.
During his tenure, Dr. Karekezi will focus on mobilizing long-term capital, reinforcing Africa's financial architecture, and ensuring that the continent's development priorities align with Agenda 2063. The meeting also saw the confirmation of key leadership roles, with Mr. Manuel Moses of ATIDI named as First Vice-Chairperson and Mr. Thierno-Habib Hann of Shelter Afrique Development Bank as Second Vice-Chairperson. These appointments underscore AAMFI's commitment to fostering stronger institutional coordination and addressing financing gaps across Africa.
AAMFI also welcomed two new members— the Regional Maritime Development Bank (RMDB) and the Banque Ouest Africaine de Développement (BOAD)—significantly expanding its regional reach and capacity in maritime, infrastructure, trade, and development finance. The addition of these institutions enhances AAMFI's ability to deliver on its mandate of promoting sustainable economic development and integration across Africa.
Reflecting on his time as Chairperson, Mr. Samaila Zubairu highlighted the importance of collaboration among African financial institutions to create jobs, transform industries, and strengthen ties between member organizations. Dr. Karekezi, in his remarks, emphasized the privilege of leading AAMFI during this pivotal moment, reiterating the Alliance's focus on mobilizing African capital and ensuring that development priorities are financed in ways that align with Agenda 2063.
This leadership transition and expansion come at
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Originally published on AllAfrica on 3/3/2026