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African Development Bank Re-elects Akinwumi Adesina As President

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SODIQ OYELEKE

NIGERIA’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term.

The election took place electronically on Thursday at the virtual annual general meeting of the bank.

Adesina’s reappointment on Thursday at the helm of the 56-year-old bank is considered a formality as he is the sole candidate.

Presidential new media aide, Bashir Ahmad, tweeted, “Nigeria’s Dr. Akinwumi Adesina has been re-elected as the President of the African Development Bank (AfDB). With this re-election, he will spend another 5 years supervising the affairs of the Bank. Congratulations!”

The head of the African bank had appealed on Wednesday for a second term in office after a months-long storm over alleged corruption and poor governance that ended after he was cleared in an independent probe.

In a speech at the AfDB’s annual meetings, Adesina formally requested a second term as president,

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