Who succeeds Donald Kaberuka as new AfDB President?
All the eight possible candidates aiming at replacing outgoing African Development Bank (AfDB) President, Donald Kaberuka have made it onto the final list of nominees for the position.
The final list of nominees released by the Steering Committee of the Board of Governors of the AfDB after a meeting on February 11, 2015 at the Bank’s headquarters in Abidjan contains the names of all eight interested candidates.
They are; Sufian Ahmed of Ethiopia, Dr. Cristina Duarte of Cape Verde, Dr Samura Kamara of Sierra Leone, Dr Akinwunmi Adeshina of Nigeria, Mr Jalloul Ayed of Tunisia, Dr Kordjé Bédoumra of Chad, Mr Birama Boubacar Sidibe of Mali and Thomas Z. Sakala of Zimbabwe.
A new president would be elected at the Annual General Meeting of the Bank on May 28, 2015 in Abidjan, Cote d’Ivoire.
The AfDB operates under the leadership of the President, the Banks says on its website, who serves as the legal representative of the Bank, the Chairperson of the Board of Directors, and the Chief of Staff of the Bank. The President conducts the current business of the Bank, under the direction of the Board of Directors. The President is elected by the Board of Governors and serves a five-year term, renewable once.
The outgoing Kaberuka is completing a two-term tenure totaling ten years, and he is credited with the success and current high profile status of the Bank.
By Emmanuel K. Dogbevi