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Alli, AFC Boss, Wins African Banker Award

May 23, 2014

The African Banker has named Andrew Alli, President and Chief Executive of the Africa Finance Corporation (AFC) its African Banker Icon of the year, 2014. According to a statement on Thursday, the African Banker said the category is awarded to an individual or institution for outstanding contribution in the field of business, banking and finance.

Such recipients are chosen by the magazine's awards selection committee, who noted excellence in AFC's area of expertise - Infrastructure financing, its role in helping to change the perception of Africa, and, its contribution to the establishment of best global practice in the continent. This is a significant milestone achievement for AFC under the leadership of Andrew Alli and his management team.

In according the award the Committee highlighted Andrew Alli's significance in putting infrastructure investment in Africa on the map, having successfully led AFC through another landmark year of high returns, improved shareholder value and establishing infrastructure investment as a true asset class in and of itself.

The Committee in its citation stated "the unprecedented expansion of the AFC's portfolio under Andrew Alli's leadership, as well as the positive influence of new business processes and strong governance practice, are key factors in the Corporation's success.

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Source: AllAfrica