New President of ADB elected during Tunis meet

Published July 21st, 2005 - 09:40 GMT
Al Bawaba
Al Bawaba

Rwandan Finance Minister, Mr. Donald Kaberuka (54) was on Thursday in Tunis elected President of the African Development Bank Group (ADB) during the extraordinary Meeting of ADB Governors held on 21-22 July 2005 in Tunis. Kaberuka received 78.8% of the total votes and 68.2 % of the African votes, while Mr. Olabisi Ogunjobi of Nigeria, polled 20.55% of the total votes and 30.74% of the African votes, in the seventh round of balloting.

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