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Akinwumi Adesina is re-elected as president of AfDB

The president of the African Development Bank, Akinwumi Adesina, has asked the bankā€™s board of governors to renew their trust in him for the next five years

Nigeriaā€™s Akinwumi Adesina has been re-elected as the president of the African Development Bank President (AfDB) for a second five-year term.

The election took place electronically on Thursday in a virtual version of the bankā€™s annual general meeting.

Adesinaā€™s reappointment on Thursday to the leadership of the 56-year-old bank is considered a formality, as he was the sole candidate.

Bashir Ahmad, the new media aide to President Muhammadu Buhari of Nigeria, tweeted the news.

Bashir Ahmad tweet

Case for re-election

Earlier, Adesina made a case for his re-election as head of the AfDB, saying that he wanted to fulfil ā€œhis sense of duty and commitmentā€.

He recalled that his current five-year term as head of the African Development Bank Group was marked by the implementation of five strategic priorities for the continentā€™s development, known as the ā€œHigh 5sā€.

ā€œFive years ago, right here in Abidjan, you elected me president of the African Development Bank. It was a huge responsibility to shoulder. I promised that I would work tirelessly to accelerate Africaā€™s development.

ā€œMy vision, focused on the High 5 priorities, was my commitment, my promise, my compass,ā€ said Adesina during a virtual session at the start of the bankā€™s 2020 annual meetings.

AchievementsĀ 

ā€œTime has passed so quickly,ā€ he said, citing the bankā€™s achievements in the five years of his presidency: 18 million additional people now have access to electricity, 141 million people have received more advanced agricultural technology to improve food security, 15 million people have access to financing, 101 million now have access to improved transport, and 60 million people have gained access to water and sanitation.

With these positive results, Adesina asked the board of governors to renew their trust in him for the next five years.Ā 

ā€œDear governors, these annual meetings are my opportunity to offer you my services and seek a second term as president of the African Development Bank. I do so with humility. I do so with an acute sense of duty and commitment. I do so to serve Africa and our bank,ā€ he said.Ā 

In his speech to open the meeting, the president of CĆ“te dā€™Ivoire, Alassane Ouattara, highlighted the unusual context of this yearā€™s annual meetings, taking place as they do against the backdrop of the COVID-19 pandemic.Ā 

He also underlined the bankā€™s critical support for his country and other African members.

Ouattara, who witnessed Adesinaā€™s election in 2015, welcomed the fact that his country was once again presiding over the electoral process.Ā 

Great credibility

President Ouattara called on the bankā€™s governors, headed by the Ivorian minister of planning and development, Kaba NialĆ©, to respect the articles governing the institution.

ā€œThis is an opportunity for me to acknowledge the African Development Bank, its president and board of directors, for the unwavering support expressed in these difficult times to African states. Indeed, the bank’s COVID-19 Rapid Response Facility has made it possible to finance and support African countries in the fast implementation of plans to fight the pandemic.ā€

Ouattara praised the ā€œremarkable capacity to adapt that the bank has shown by continuing its operations and functioning in virtual mode since March 2020ā€, as well as the work accomplished by the AfDB president Akinwumi Adesina, ā€œwho has successfully led the transformation of the African Development Bank and has given it great credibility and visibility, of which we are proud.ā€Ā 

Ouattara wished Adesina well.

* Asaase Radio 99.5 ā€“ tune in or log on to broadcasts online.
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