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Tag: Akinwumi Adesina

BUSINESS: African Union Executive Council endorses African Development Bank President Adesina for second term

BUSINESS: African Union Executive Council endorses African Development Bank President Adesina for second term

AFRICA, Business
The decision was taken during the thirty-sixth Ordinary Session of the AU Executive Council, held during the AU Summit in Addis Ababa, Ethiopia, 6-7 February 2020ABIDJAN, Ivory Coast, February 25, 2020/ -- The Executive Council of the African Union has supported Dr. Akinwumi Adesina’s candidacy for a second term as President of the African Development Bank (www.AfDB.org). The decision was taken during the thirty-sixth Ordinary Session of the AU Executive Council, held during the AU Summit in Addis Ababa, Ethiopia, 6-7 February 2020.Adesina was elected to his first term as President by the Bank’s Board of Governors at its Annual Meetings in Abidjan on 28 May 2015. He is the eighth President of the African Development Bank Group and the first Nigerian in the post.During hi...
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