Home News Dr. Akinwumi Adesina re-elected AfDB Group President

Dr. Akinwumi Adesina re-elected AfDB Group President

Dr. Akinwunmi Adesina

THUR, AUG 27 2020-theG&BJournal– Dr. Akinwumi Adesina has been re-elected as the President of the African Development Bank Group (AfDB) by the Bank’s Board of Governors.

Dr Adesina will begin his new tenure on September 1, 2020. He was first elected the President of the Bank on May 28, 2015 after serving as Nigeria’s Minister of Agriculture.

His re-election was announced today by the chairperson of the Board of Governors of the Bank Mrs Nialle Kaba, after he received 100 percent votes from all regional and non-regional members of the Bank. Nialle Kaba whose country presided over the electoral process, is also the Minister of National Planning of Cote de’ Ivoire.

Adesina’s first five-year term as head of the African Development Bank Group was marked by the implementation of five strategic priorities for the continent’s development, known as the “High 5s.”

“Five years ago, right here in Abidjan, you elected me president of the African Development Bank. It was a huge responsibility to shoulder. I promised that I would work tirelessly to accelerate Africa’s development. My vision, focused on the High 5 priorities, was my commitment, my promise, my compass,” Adesina said, while making a case for his re-election during a virtual session at the start of the Bank’s 2020 Annual Meetings.

“Time has passed so quickly,” he noted, citing the Bank’s achievements in the five years of his presidency: 18 million additional people now have access to electricity, 141 million people have received more advanced agricultural technology to improve food security, 15 million people have access to financing, 101 million now have access to improved transport, and 60 million people have gained access to water and sanitation.

He ran as the sole candidate in the election that took place electronically today.

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