Nigeria’s Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, was minutes ago announced elected as the 8th President of the African Development Bank (AfDB).
His name was announced by Albert Toikeusse Mabri, Minister of Planning and Development for Côte d’Ivoire, and current Chairman of the Board of Governors of the African Development Bank.
Dr. Adesina succeeds Donald Kaberuka, whose second term as President of the Bank ends in August.
The election was conducted by the Board within the Annual Meetings of the African Development Bank Group, held in Abidjan.
Adesina, 55, will assume office on 1 September 2015.
His election is a victory for Nigeria’s out-going President Goodluck Jonathan and incoming President Muhammadu Buhari, both of whom actively supported his candidacy.
•Photo shows Adesina.
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