…He was re-elected by the Board of Governors of the Bank
The African Development Bank (AfDB) on Thursday has re-elected Dr. Akinwumi Adesina as the President.
Adesina was re-affirmed opposed as the President as the Board of Governors of the Bank voted in the virtual annual meeting held in Abidjan, capital of Cote d’Ivoire.
The former Minister of Agriculture and Rural Development in Nigeria who was indicted with corruption charges by whistleblowers was exonerated by both the internal investigators and independent panels is the first Nigerian to occupy the exalted seat of the Bank.
The Panel led by former Irish President, Mary Robinson, also included Gambia’s Chief Justice Hassan Jallow and the World Bank’s integrity Vice President, Leonard McCarthy cleared Adesina of all charges levelled against him in July.
Adesina as the president of the continental Bank ensures the institution supports African economies through the funding of projects such as agriculture, health, education, transport, energy, and development sectors.
He was first elected as the President of the Bank o May 28, 2015 for a five-year term at the 50th annual meetings, which took place at the headquarters in Abidjan.
The sixty-year-old charismatic Nigerian banker and agricultural economist to attain topmost position in AfDB, was cleared by the Bank’s internal investigators, but the United States leading those mounting international pressure insisted on an autonomous investigation.
However, he received moral support from African continent for his meritorious service and integrity, until he was eventually vindicated last month by the United States-backed investigation committee.