Akinwumi Adesina Re-elected President of AFDB

Nigeria’s Akinwumi Adesina has been re-elected as the president of the African Development Bank for another 5year term by the board of governors of African Development Bank.

Adesina, who was first elected in May 2015, but began his tenure in September 2015 was the only candidate in the election and he is also the first Nigerian to hold the post.

In a speech he delivered, he said: “At this Annual Meetings, I offer myself to you, our Governors, for your consideration for election for a second term, as President,” Adesina told the governors on the first day of the AfDB’s annual general meetings on Wednesday.

“I do so, with humility. I do so with a strong sense of duty and commitment and a call to serve Africa and our Bank, selflessly, to the very best of my God-given abilities.” he further said.

It would be recalled that Adesina’s chances at a second term, were almost truncated by the US Government. They had accused him of corruption and insisted that he must be investigated.

Adesina denied all allegations, saying they were attempts to tarnish his image.

The bank’s ethics committee had looked into all the allegations and had released a report clearing Adesina.

A panel was also set up to scrutinise the ethics committee’s report.

The panel also released a statement saying “The panel concurs with the committee in its findings in respect of all the allegations against the president and finds that they were properly considered and dismissed by the committee.”