In recognition of his outstanding leadership, professionalism, and remarkable contributions to Nigeria’s banking sector, the Pan African American Chamber of Commerce (PAACC) has conferred Honorary Citizenship of the State of Atlanta, Georgia on the Managing Director of Parallex Bank, Dr. Olufemi Bakre.
The honorary recognition was presented during the 2025 Trade Conference of PAACC, held in Atlanta, Georgia. The annual event, organized in collaboration with EXIM Bank and the African Union, celebrates impactful leaders who have made significant contributions to trade, investment, and socio-economic development across Africa and the diaspora.
Describing the honor as well-deserved, the Chief Executive Officer of PAACC, Mr. Chuck Barlow, praised Dr. Bakre for his visionary leadership, which has positioned Parallex Bank as a key player in fostering international trade and investment. He noted that Dr. Bakre’s integrity, transparency, and commitment to innovation have been instrumental in the bank’s rise to prominence.
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“Dr. Bakre embodies the values of excellence and ethical leadership. His ability to steer Parallex Bank to global relevance, especially in promoting cross-border trade, is commendable,” Barlow said.
With this recognition, Bakre joins a distinguished group of Nigerians who have received similar honors, including Pastor E.A. Adeboye, General Overseer of the Redeemed Christian Church of God, and Senator Douye Diri, Governor of Bayelsa State.
In his response, Bakre expressed heartfelt appreciation for the honor, describing it as both humbling and motivating. “I am truly honored by this recognition. It inspires me to do more, not just for the growth of Parallex Bank, but for the advancement of Nigeria and Africa at large,” he said. “I am grateful to PAACC for this prestigious honor and to the Board, Management, and Staff of Parallex Bank for their unwavering support in driving our vision of limitless banking.”
Bakre reaffirmed his commitment to ensuring that every customer, stakeholder, and partner experiences the bank’s promise of innovation, inclusion, and borderless financial solutions.
