Adesina Sworn in for Second Term as AfDB President

President of the African Development Bank, Dr. Akinwunmi Adesina

Reelected President of the African Development Bank, Dr. Akinwumi Adesina, has been sworn-in for a five-year second term.

The swearing-in ceremony held Tuesday was attended by Heads of States, Governors and other stakeholders who joined physically and virtually.

The former Nigerian Minister of Agriculture was reelected last week to serve a second five-year term, with a 100 per cent vote of all Governors, and regional and non-regional members of the bank.

His first term as President of Africa’s premier development finance institution, comprising 54 regional and 27 non-regional member countries, focused on five key development priorities tagged the High 5s. These include Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.