A team from Ghana Exim Bank (GEXIM), led by its Chief Executive Officer Lawrence Agyinsam, has met with representatives from the Exim Bank of the United States of America led by its new President and Chair of the Board of Directors, Reta Jo Lewis.
The meeting took place on the sidelines of the 2022 Spring Meeting of the International Union of Credit and Investment Insurers (Berne Union) held in Istanbul, Turkey, earlier this month. The meeting afforded the two teams an opportunity to explore ways of deepening their existing relationship as well as identifying ways of building synergy and possible collaboration in areas of mutual interest and benefit.
At the meeting, the two teams committed to drawing a framework to operationalise an existing agreement for a US$300million guarantee to be provided by the United States Exim Bank after reviewing the existing memorandum of understanding signed by the two banks in 2019.
The President and Chair of the Board of Directors of the US Exim also expressed their preparedness and willingness to collaborate with GEXIM on projects aimed at ensuring healthy lives and wellbeing of people.
After the meeting, the CEO of GEXIM, Lawrence Agyinsam, expressed his appreciation to the President and Chair of the Board of Directors of the US Exim Bank for prioritising the meeting with his team and their commitment to deepening their relations with GEXIM.
“It has been a very important and insightful meeting with the team from the US Exim Bank led by the President and Chair of the Board of Directors, Reta Jo Lewis. It indicates the importance the US team attached to this meeting, and I am very confident of more engagements between us going forward to ensure most of the things we have discussed today will be implemented. This will also help us in our drive in championing the development of Ghana’s export trade and also facilitating cross-border trade,” he added.
The President and Chair of the Board of Directors, Reta Jo Lewis, congratulated the management of GEXIM for its bold initiatives to facilitate the transformation of Ghana’s economy into an export-led one. She further commended GEXIM for supporting the elimination of critical market failures in the Ghanaian economy to make Ghana competitive in the global marketplace.
Other members of the GEXIM team at the meeting were Sammy Nana Osei Bonsu, a Board Member; Rosemary Beryl Archer, Deputy Chief Executive Officer responsible for Business and Banking; and Anthony Kofi Dwumah, Head of Guarantees.
