GHANA EXIM BANK CEO HOSTS US EMBASSY TEAM

The Chief Executive Officer of the Ghana Export – Import Bank (GEXIM), Lawrence Agyinsam, on Thursday, 18th August 2022, hosted a team from the United States of America Embassy in Ghana, led by the Commercial Counsellor, Dean Matlack.  

The meeting was held at the head office of GEXIM in Accra and afforded the Bank the opportunity to discuss areas of mutual interest for collaboration and building synergy with the United States of America Embassy. 

In addition, it was a follow up to a meeting held between GEXIM and the United States of America Exim Bank  (US Exim Bank) in May 2022 on the sidelines of the 2022 Spring Meeting of the International Union of Credit and Investment Insurers (Berne Union) held in Istanbul, Turkey. 

Mr. Lawrence Agyinsam reiterated the Bank’s commitment to drawing a framework to operationalise an existing agreement for a USD300 million guarantee to be provided by the US Exim Bank after reviewing the existing memorandum of understanding signed by the two banks in 2019.

“In our quest to assist the Government of Ghana’s agenda to reposition the Ghanaian economy to become an export-led one and spearhead the industrialization drive, we need strategic partnerships such as the collaboration with the US Exim Bank. This is very important in helping us to carry out our mandate to help in realising the agenda to make Ghana a pillar in regional and continental trade. Currently, our team is working with officials of US Exim to finalise this and we are certain of great prospects from this partnership”, he added.  

On his part, Dean Matlack expressed his appreciation for the warm reception accorded him and his team by GEXIM and said the US Embassy in Ghana is prepared to assist at all levels to ensure the success of the collaboration between the US Exim Bank and GEXIM. He further indicated the Embassy’s willingness to collaborate with GEXIM on projects aimed at ensuring healthy lives and wellbeing of people.

Other members of the GEXIM team at the meeting were Hon. Michael Okyere Baafi, the Deputy Minister of Trade and Industry, who is a Board Member of GEXIM, Rosemary Beryl Archer, Deputy Chief Executive Officer – Banking and Jonathan Christopher Koney, Assistant Manager, Corporate Affairs & International Cooperation.  

Dean Matlack was accompanied by Laurie Kelleher, Commercial Officer, Victoria Afua Agbai, Commercial Specialist and Paa Ekow Quansah, Commercial Specialist.