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AFC appoints new general counsel

AFC appoints new general counsel

Feyisayo Popoola         

 Africa Finance Corporation has appointed Ms Nana Eshun as its General Counsel, following the departure of Dr. Adesegun Akin-Olugbade.

In a statement by the corporation on Monday, Akin-Olugbade’s contractual term would end on December 31, 2018.

It said he had spent 11 years at the AFC, as pioneer general counsel and corporate secretary; executive director, corporate services and general counsel; and executive director, chief operating officer and general counsel.

The statement said Akin-Olugbade played a key role in the corporation’s adoption of strong corporate governance principles, systems and structures; expansion of its country membership; contribution to the growth of the balance sheet from $1.1bn to $4.3bn and the attainment of an investment grade credit rating.

It said all these contributed to the success of the institution.

The statement read in part, “Akin-Olugabde has served for over 30 years in the legal profession and financial services sector, having worked at both the technical and management levels, in the public and private sector, for leading commercial law firms, development banks and international financial institutions.

“He was previously general counsel and director at the African Development Bank and the first chief legal officer and head of the legal services department of the African Export-Import Bank.”

The Chief Executive Officer, AFC, Mr Samaila  Zubairu, thanked Akin-Olugbade for the key role he played in the evolution and growth of the corporation to a leading multilateral financial institution on the continent.

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