Sponsored
Business

The Future Beckons Us For More Developed Africa, Says Adesina After Winning 2nd Term Reelection

Sponsored
Sponsored


OLUWATOBI EMMANUEL

Akinwunmi Adesina, the President of Africa Development Bank (AfDB) who was reelected for a second term in office on Thursday, has emphasized his resolved to focus more on the development of Africa.


The African Development Bank (AfDB) said its board had re-elected Adesina, former Agriculture Minister in Nigeria, for a second five-year term as AfDB president.


The Abidjan-based bank conducted the vote to reappoint Adesina during its annual meeting on Thursday, which was held via video link.


Adesina, who was running unopposed, gained 100% of votes cast, the bank said in a statement.


The election result, which gave him a 100% of votes of all regional and non-regional members of the Bank, was announced by chairperson of the Board of Governors of the Bank, Mrs. Niale Kaba, Minister of National Planning of Côte d’Ivoire.


Adesina said after he won the election that “I am deeply grateful for the collective trust, strong confidence and support of our shareholders for electing me for a second term as President. It is yet another call for selfless service to Africa and the African Development Bank, to which I will passionately devote myself.

“The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank Group.
“We will build on the strong foundations of success in the past five years, while further strengthening the institution, for greater effectiveness and impacts.”


While announcing the result of the election, Kaba said: “I am delighted the Board of Governors have re-elected Dr Adesina for a second term in office as President. As shareholders, we strongly support the Bank and will give him all the necessary support to carry forward and implement his compelling vision for the Bank over the next five years.”


The African Development Bank is Africa’s premier development finance institution, comprising 54 regional and 27 non-regional member countries.

Sponsored
Alinnor Arinze

Recent Posts

Soludo: The Audacity To Say What People Hate To Hear!

— MAZI EJIMOFOR OPARA  I have lived long enough to understand a few things about…

23 minutes ago

Lagos Court Remands Woman, 42, Over Alleged N113m Mercedes Benz Theft

  CYRIACUS IZUEKWE  A 42-year-old woman, Jennifer Nelson Nduaguibe, has been remanded at the Kirikiri…

2 hours ago

Igbo Speaking Community Crisis: Udeh, Uzoegbunam Snub Lagos CP

KINGSLEY EBERE  The leadership crisis rocking the Igbo Speaking Community in Lagos has taken a…

2 hours ago

Lagos Police Mop Up Weapons In Coordinated September Operation, Arrest 32 Suspects

CYRIACUS IZUEKWE The Lagos State Police Command, led by the Commissioner of Police, CP Tijani…

3 hours ago

Taste of Fear: How Adulterated Palm Oil Is Shattering Trust In Lagos Markets

CYRIACUS IZUEKWE In Oyingbo Market, palm oil is not just a cooking ingredient. It is…

3 hours ago

Teenager Lands In Trouble For Allegedly Engaging 15-Year-Old Girl In Sex

CYRIACUS IZUEKWE A 19-year-old teenager, Joshua Isaiah, has been brought before a Lagos Magistrate Court…

3 hours ago
Sponsored