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Adesina re-elected as President of the AfDB

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Adesina has been re-elected as President of the Africa Development Bank, AfDB, by its Board of Governors for a second five-year term.

Presidential spokeswoman, Lauretta Onochie confirmed the news in a congratulatory tweet on Thursday, 27 August 2020.

The AfDB’s election held during its 55th Annual meeting in Cote d’Ivoire virtually due to the coronavirus restrictions.

Adesina’s re-election was mired in controversy after he was charged with alleged ethical violations.

However, after repeated investigations, the former Nigerian Agriculture Minister was cleared of all charges levelled against him, paving the way for his re-election.

Adesina is the first Nigerian to hold the post of the bank’s president.

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