Dr. George Agyekum Donkor delivering his introductory statement in the 18th Annual General Assembly, held at Warwick Hotel, in Geneva on 6-7 July 2023.
Group photo during the 18th Annual General Assembly, with the presence of UNCTAD Secretary General, Ms. Rebeca Grynspan.
Geneva, 7 July 2023
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) has elected Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), as its new Honorary President. The election took place on 6 July 2023 in Geneva, Switzerland, during the organization’s 18th Annual General Assembly with the theme “Building opportunities for South-South and triangular cooperation in a multi-crisis context”.
In his acceptance statement, Dr Donkor emphasized the importance of international networks, such as G-NEXID, that provide a powerful platform for dialogues which generate positive outcomes, contributing to economic prosperity as well as socio-political stability for the benefit of vulnerable populations. He pledged that his tenure as Honorary President would be dedicated to continuing to expand the reach of G-NEXID, with the aim of fostering collaboration and cooperation among member institutions to facilitate international trade, investment, and economic development by providing financial support, risk mitigation, and advisory services to promote sustainable growth.
In this regard, he assured the delegates of the implementation of a dynamic work plan based on the G-NEXID strategy for 2023-2025 which includes components such as networking and peer review, information sharing, capacity-building initiatives, and advocacy amongst others. The strategy is aimed at increasing cooperation between members to boost regional trade while providing resources to finance key projects and developmental programs.
The general assembly also elected Mr. Mohammad Zanna Awami, Head, Specialized Business Department of NEXIM (Nigerian Export-Import Bank) as the new Honorary Treasurer.
The Secretary General of the United Nations Conference on Trade and Development (UNCTAD), Mrs. Rebeca Grynspan, who was a keynote speaker, encouraged G-NEXID members to be intentional in their drive to improve South-South trade and development. “You are not just financiers but rather architects of the future.”
The Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID) is an international association established in Geneva, Switzerland, on March 13, 2006 with the endorsement of the Secretary General of the United Nations Conference on Trade and Development (UNCTAD). G-NEXID aims to enhance cooperation among export-import banks and development finance institutions to support South-South trade, investment, and project finance. Through its activities and initiatives, G-NEXID strives to contribute to the socio-economic development of member countries and foster sustainable growth in the Global South.