Adesina Re-Elected AfDB President

 Adesina Re-Elected AfDB President

Nigeria’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term.

Adesina was re-elected at the election which took place electronically on Thursday at the virtual annual general meeting of the bank.

Adesina’s reappointment on Thursday  is coming after a series of  alleged corruption and poor governance of  which he was exonerated and cleared in an independent probe.

In a speech at the AfDB’s annual meetings, Adesina formally requested a second term as president, declaring that he was “doing it with an acute sense of duty and commitment.”

“I do it to serve Africa and our bank, in an unbiased way, to the best of the abilities that God has given me,” he said, according to a statement issued by the bank.”

Adesina, the son of a farming family, became in 2015 the first Nigerian to head the bank, one of the world’s five biggest multilateral lenders and an important but often unseen player in economic development.

Presidential new media aide, Bashir Ahmad, tweeted, “Nigeria’s Dr. Akinwumi Adesina has been re-elected as the President of the African Development Bank (AfDB). With this re-election, he will spend another 5 years supervising the affairs of the Bank. Congratulations!”

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