BEVERLY HILLS, September 01, (THEWILL) – Dr Akinwunmi Adesina has been sworn as President of the African Development Bank (AfDB), to serve another five-year term.
The event was attended by Heads of States, Governors, Nigeria’s former Vice President, Atiku Abubakar, and over 200 external stakeholders who joined physically and virtually.
The Chairperson of the AfDB board of Governors and Ghana’s Finance Minister, Kenneth Ofori-Attah, administered the oath of office.
Dr Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected on August 27 to serve a second five-year term, after a unanimous vote of all Governors, regional and non-regional members of the Bank.
It would be recalled that Adesina, former Minister of Agriculture and Rural Development, was re-elected last week after getting a hundred percent vote of all regional and non-regional members of the Bank.
He is the first Nigerian to be elected and re-elected to serve as the AfDB’s President.
Dr Adesina’s first term in office focused on new agenda for the Bank Group, based on five development priorities known as the High fives: Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.