AFC appoints new risk officer
LAGOS, (CAJ News) – AFRICA Finance Corporation (AFC) has appointed David Johnson to take up the position of Chief Risk Officer.
The appointment has been confirmed in Lagos.
Previously AFC’s Vice President responsible for Market Risk Management, David Johnson succeeds Roger Ellender, who reached the mandatory retirement age, after serving as AFC’s Chief Risk Officer for six years.
In his new role, Johnson will be responsible for continuous review, implementation and enhancement of AFC’s Enterprise Wide Risk Management Framework, which comprises of Credit, Market, Operational, Environmental and Social Risk Management.
“David Johnson has made an invaluable contribution to the corporation as Vice President and will continue to do so in his new role,” said Andrew Alli, Chief Executive Officer of AFC.
“We welcome David to his crucial new post and wish him every success with it.”
AFC’s mission is to address Africa’s pressing infrastructure needs and build the foundations for robust economic development across the continent, all the while seeking a competitive return on investment for its shareholders.
To date the Corporation has invested US$3,2 billion in projects across 24 African countries and in a wide range of sectors including power, telecommunications, transport and logistics, natural resources and heavy industries.
– CAJ News
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