The immediate past Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, on Thursday emerged as the new President of the African Development Bank.
The 55-year-old Adesina, who until yesterday (Thursday) served the administration of President Goodluck Jonathan as a minister, defeated seven other contestants from across the continent by scoring 58 per cent of the votes cast in an election held in Abidjan, Cote d’Ivoire, where the AfDB is based.
He contested against Chadian Finance Minister, Kordje Bedoumra, who secured 32 per cent of the votes, and his counterpart from Cape Verde, Cristina Duarte, who got 10 per cent.
The AfDB said on its Twitter feed that Adesina would take over from Donald Kaberuka of Rwanda on September 1 as the 50-year-old body’s eighth leader.
Source: The Punch Newspaper