Mr. Roberts U. Orya, the MD/CEO of the Nigerian Export-Import Bank (NEXIM) elected as the Honorary President of the Global Network of Export-Import Banks and Development Finance Institutions (G-NEXID)
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Saturday, May 23, 2015
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GENEVA, Switzerland, May 19, 2015/ -- The
Global Network of Export-Import Banks and Development Finance
Institutions (G-NEXID) concluded its 10th Annual General Meeting today
at the Palais des Nations, Geneva, Switzerland with the election of Mr.
Roberts U Orya, the MD/CEO of the Nigerian Export-Import Bank (NEXIM) (http://neximbank.com.ng) as its new ‘Honorary President.’
The G-NEXID, with a membership of 24 institutions - http://www.gnexid.org/index.
To
achieve its objectives, the Network promotes information sharing,
building trust and encouraging sharing of common lessons, deals and
opportunities, effective practices for entering new markets, financing
non-traditional goods and services, and establishing risk-sharing
methods for investments among its members towards working together and
promoting business development.
In
his acceptance remarks, Mr. Orya thanked the members for his election
as the 4th Honorary President of the Global Network of Export-Import
Banks and Development Finance Institutions (G-NEXID). According to him,
“…I see my election as a privilege to serve and continue in the giant
strides already made by my predecessors towards forging and fostering a
strategically vibrant and mutually beneficial South-South trade
relationship…. It is also an honour to my country, Nigeria, which is the
largest economy in Africa…especially as we have just concluded a very
peaceful Presidential election.”
Validating
the excellent work of his predecessors, Mr. Roberts Orya attested that,
“the G-NEXID in the past nine (9) years of its establishment has
transformed into an association of relevance to realize the objectives
of its formation, largely through the able leadership and dynamism of
institutions that held the past Honorary Presidency and commitment of
members.”
Particularly,
Mr. Orya lauded the outgoing Honorary President, Mr. Rubens Amaral Jr.
who, according to him, had in the last two years stepped up the
achievements recorded thus far by taking giant strides to re-invigorate
G-NEXID influence and reach. Notable among the specific activities are
the new membership drive, increasing revenues, the institution of a
Focal Group from active members of the Steering Committee, and the
re-organization of the Secretariat, which has culminated in the
recruitment of a new Coordinator.
Mr.
Rubens Amaral Jr., congratulated Mr. Orya on his new role for G-NEXID,
and reiterated the strategic importance of trade as a driver for
sustainable development, and job and wealth creation. He also reminded
members that the South-South cooperation remains a manifestation of
solidarity among peoples and countries of the South for their national
well-being, collective self-reliance and the attainment of
internationally agreed development goals. He urged the Network
membership to avail Mr Orya with even greater level of support than that
given to him in the past two years.
Mr.
Guillermo Valles Galmes, the ‘Director for the Division on
International Trade in Goods and Services and Commodities for the
UNCTAD’ had earlier in his remarks stressed the importance of
partnership building among G-NEXID members, and assured of the readiness
of his Agency to assist the Network to achieve its objectives,
especially in terms of deepening South-South trade.
He specifically
encouraged the G-NEXID membership to ensure that South-South cooperation
agenda and South-South cooperation initiatives must be determined by
the countries of the South, guided by the principles of respect for
national sovereignty, national ownership and independence, equality,
non-conditionality, non-interference in domestic affairs and mutual
benefit.
Mr.
Orya stated that his tenure would be devoted towards boosting bilateral
and multilateral agreements of all kinds between member export-import
(Exim) banks and development-finance institutions (DFIs); as well as the
development of appropriate collaborative framework and strategic
partnerships with organizations such as Berne Union, Association of
African Development Finance Institutions [AADFI], and other such
regional economic initiatives to be evidenced by tangible transactional
relationships.
Expected benefits of such cooperation and partnerships
would help improve trade and investment within the member countries;
improve information sharing/capacity building – exchange programs among
member institutions while enabling regional integration and the growth
of niche markets.
Mr.
Roberts U. Orya is the 4th Honorary President of the G-NEXID after Mr.
Rubens V. Amaral Jr. Chief Executive Officer of Bladex (2013 – 2015);
Mr. Jean-Louis Ekra, Chairman and President of the African Export-Import
Bank (2009-2013); and Mr. T.C. Venkat Subramanian, Chairman and
Managing Director of the Export-Import Bank of India (2006-2009).
Distributed by APO (African Press Organization) on behalf of the Nigerian Export-Import Bank (NEXIM).
Media Contact: Chinedu Moghalu (234-8088-353-804,moghaluc@
About NEXIM Bank - The Nigerian Export-Import Bank (http://neximbank.com.ng)
was established by Act 38 of 1991 as an Export Credit Agency with the
broad mandate to promoting the diversification of the Nigerian economy
and deepening the external sector, particularly the non-oil through the
provision of credit facilities in both local and foreign currencies;
risk-bearing facilities through export credit guarantee & export
credit insurance; business development and financial advisory services
etc.
In
pursuit of its mandate of promoting export diversification and
deepening the non-oil sector, the Bank’s current strategic initiatives
are targeted towards boosting employment creation and foreign exchange
earnings in the Manufacturing, Agro-processing, Solid Minerals and
Services (Tourism, Transportation and Entertainment) industries. .
NEXIM Bank embraces the exchange of information on best practices in
trade and project finance as important value additions to its operations
SOURCE
Nigerian Export-Import Bank (NEXIM)
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