Dr. Adesina Akinwumi has been re-elected to serve a second five-year term as President of the African Development Bank Group on Thursday, August 27, 2020 by the Board of Governors of the Bank.
A globally renowned development economist and a World Food Prize Laureate and Sunhak Peace Prize Laureate, Dr. Adesina Akinwumi has distinguished himself in driving a bold agenda to reform the Bank and accelerate Africa’s development.
He was first elected as President of the Bank on May 28, 2015.
As newly re-elected President, Dr. Adesina Akinwumi, a former Nigerian Minister of Agriculture, will begin his new term on September 1, 2020.
The election result, which gave him a hundred percent of votes of all regional and non-regional members of the Bank, was announced by the Chairperson of the Board of Governors of the Bank, Mrs. Niale Kaba, Minister of National Planning of Côte d’Ivoire.
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