Thursday, 28 May 2015

Breaking: Nigeria's Minister of Agriculture Elected 8th President of The AfDB

Nigeria's Minister of Agriculture, Akinwumi A. Adesina, has been elected President of the African Development Bank Group. 

His name was announced by Albert Toikeusse Mabri, Minister of Planning and Development for Côte d’Ivoire, and Chairman of the Board of Governors of the African Development Bank. The election process was concluded by voting among the Bank’s the Bank’s Board of Governors (54 regional member countries, 26 non-regional), whose voting powers are weighted.  
Mabri emphasized that the result “was an expression of the willingness of all the member countries,” and he applauded the “good spirit that prevailed during the election process that was not marked by any tension.”
Currently serving as Nigeria’s Minister of Agriculture and Rural Development, Akinwumi A. Adesina succeeds Donald Kaberuka, whose second term as President of the Bank ends on August 31, 2015, and to whom he paid tribute in a press conference, saying, “I salute the excellent work of President Kaberuka. It will be a big challenge for me to step into his shoes. He leaves a solid Bank behind him.” 
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