Dr Akinwumi Adesina of Nigeria has been re-elected for the second term as African Development Bank AfDB President lasting for five years.
The election of the AfDB President took place electronically on Thursday during the closing ceremony of the virtual Annual General Meeting (AGM) of the bank on Thursday.
The delegates unanimously voted for Adesina as AfDB President for the second term, but details had not been made known officially.
Adesina’s reappointment at the helm of the 56-year-old bank was formalised during the AGM because he was the sole candidate.
The AfDB President faced with corruption allegations and subsequently cleared by the ethics committee of the bank, bureau of the board of directors while the Independent Review Panel also exonerated him.
The Independent Review Panel was constituted by the Bureau of Governors of the Bank, following a complaint by the United States, to review the process by which two previous organs of the Bank – the Ethics Committee of the Board, and the Bureau of the Board of Governors had previously cleared Adesina.
The three-member Independent Review Panel was headed by Mary Robinson, who is a former President of the Republic of Ireland, a former United Nations High Commissioner for Human Rights.
Meanwhile, at the opening ceremony of the AGM on Wednesday, Adesina presented himself officially to Governors and other stakeholders for reflection.
“At this Annual Meetings, I offer myself to you, our Governors, for your consideration for election for a second term, as AfDB President.
“I do so, with humility, 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 said.