Akinwumi Adesina: AfDB releases timetable to elect new president

Akinwumi Adesina: AfDB releases timetable to elect new president

- AfDB is set to hold a virtual meeting from August 25 to 27, 2020

- One of the key areas for discussion is the election of a new president of the bank

- The current president, Akinwumi Adesina, has been in office since 2015 and will be seeking reelection

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African Development Bank (AfDB) will hold a virtual meeting from Tuesday, August 25 to Thursday, August 27.

Details available show that one of the key agenda for the meeting will be centred on the election of a new president of the bank.

African Dev’t Bank releases timetable to elect new president
Akinwumi Adesina, President of AfDB Source: African Development Bank
Source: UGC

Akinwumi Adesina has been the president of the AfDB since 2015 and is the first Nigerian to hold the office.

Earlier, Adesina, who had served as the minister of agriculture under ex-president Goodluck Jonathan's administration, was recently exonerated from the allegations of corruption levelled against him.

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The special committee set up by governors of the AfDB cleared Adesina of any wrongdoing. The independent panel of three was headed by Mary Robinson, the former president of Ireland.

The committee noted that its findings were sent in on Monday, July 27, adding that it had considered the president’s submissions.

Adesina will be seeking reelection as the president of the respected bank again.

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Meanwhile, Legit.ng reported that in the spirit of gratitude, Ngozi Okonjo-Iweala has thanked President Muhammadu Buhari and the leaders of the National Assembly (NASS) for their support towards her World Trade Organisation (WTO) dream.

Speaking with NAN, the 66-year-old Nigerian-born economist and international development expert also thanked prominent people in Buhari's cabinet for their support and the Economic Community of West African States (ECOWAS).

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Okonjo-Iweala is vying for the seat of the director-general of the WTO alongside top candidates from Kenya, Egypt, Saudi Arabia, UK, Moldova, Mexico and others.

The renowned economist has since enjoyed the backing of the president with her nomination approved by Buhari on Thursday, June 4.

Minister of industry, trade and investment, Adeniyi Adebayo, has inaugurated a campaign strategy team for Iweala in a bid to win the WTO top job.

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