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On Monday, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies of Africa...The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank.”  |
With these powerful words President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina addressed participants after formally being sworn into office for a second term Tuesday. President Adesina’s historic re-election took place last week.
The swearing-in ceremony, which took place at the Bank’s Abidjan headquarters was presided over by newly appointed Chair of the Board of Governors, Ghanaian Finance Minister Kenneth Ofori-Atta, who administered the Oath Office.
Several presidents attended the virtual ceremony live and sent messages of support. They included Paul Kagame of Rwanda, the president of Liberia, George Weah, Alpha Conde of Guinea, Guinea Bissau President Umaro Sissoco Embaló and Denis Sassou Nguesso of Republic of Congo. Former Nigerian President Goodluck Jonathan and Vice President Atiku Abubakar was also present.
Ofori-Atta was assisted by the past Board of Governors Chair, Ivorian Planning Minister Niale Kaba, and the Bank’s Secretary General Vincent Nmehielle who read the resolution of the Board confirming Adesina’s election.
On 27 August 2020, Governors of the 54 African regional member countries and 27 non-regional member countries of the African Development Bank Group unanimously voted in the eighth President for a second five-year term on the final day of the 2020 Annual Meetings.
Ofori-Atta said he had no doubt that Africa’s premier development bank had secured the right leadership.
“We need to continue to steer and direct the Bank’s efforts to setting global standards of excellence, integrity, commitment to service and responsiveness to the challenges of the continent,” he said.
“You earned a new mandate in a most historic fashion,” he told Adesina.
Adesina’s first five-year term in office focused on the bold new agenda for the Bank Group based on five development priorities known as the High 5s: Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.
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