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Dr Donald Kaberuka
Dr Donald Kaberuka is currently serving his second five-year term as President of the African Development Bank Group (AfDB). He was first elected in 2005, becoming the seventh president of the Bank Group since its establishment in 1963.
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Dr Ngozi Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala served as Managing Director of The World Bank Group since December 1, 2007 until August 2011. Dr. Okonjo-Iweala, a Nigerian national, founded NOI-Gallup polls, an indigenous Nigerian opinion research organization, and co-founded the Makeda Fund.
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Mr Francis Daniels
Mr. Daniels has over 15 years experience investing in Africa. He is a director of Africa Opportunity Partners, the investment manager of Africa Opportunity Fund Limited, an investment company admitted to trading on the AIM Market of the London Stock Exchange.
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Mr Noureddine Ayed
A qualified Electro-Engineer, Mr
Ayed is a Tunisian National who attained his academic qualifications in Liege, Belgium. With over three decades of experience in various industrial sectors, he has led multi-million dollar trade missions...
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Dr Donald Kaberuka
Dr. Donald Kaberuka is currently serving his second five-year term as President of the African Development Bank Group (AfDB). He was first elected in 2005, becoming the seventh president of the Bank Group since its establishment in 1963.
He was re-elected in May 2010 at the AfDB's headquarters in Abidjan, Côte d'Ivoire, for a second five-year term. He took the oath for his second term in September of that year in Tunis, the Bank's current temporary relocation city.
Before joining the African Development Bank, Dr Kaberuka, 60, had a distinguished career in banking, international trade and development and government service. A national of Rwanda, he was the country's Minister of Finance and Economic Planning between 1997 and 2005. During this period, he oversaw Rwanda's successful economic reconstruction after the end of the civil war there.
He initiated and implemented major economic reforms and introduced new systems of structural, monetary and fiscal governance, laying special emphasis on the independence of Rwanda's central bank.
These reforms led to the widely-recognized revival of Rwanda's economy, and to the sustained economic growth that enabled Rwanda to obtain debt cancellation under the Heavily Indebted Poor Countries initiative in April 2005.
During his service at the AfDB, Dr Kaberuka has presided over a major redirection in its strategy for development and poverty reduction in Africa. To that end, the AfDB has placed increased emphasis on the private sector, and on the importance of major infrastructure developments in areas such as road, railways, power plants and communications, especially in their role in promoting regional integration in Africa. During Dr Kaberuka's period of office, the AfDB has become Africa's premier financial institution. In 2009, in response to the global financial crisis, the African Development Bank Group made record approvals of loans and grants totaling more than USD 12.6 billion.
Dr Kaberuka was educated at universities in Tanzania and Scotland. He holds a PhD in Economics from Glasgow University.
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Dr Ngozi Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala served as Managing Director of The World Bank Group since December 1, 2007 until August 2011. Dr. Okonjo-Iweala, a Nigerian national, founded NOI-Gallup polls, an indigenous Nigerian opinion research organization, and co-founded the Makeda Fund – a fund to invest in African women entrepreneurs. She is a Distinguished Fellow of the Brookings Institution. She served as Finance Minister and subsequently Minister of Foreign Affairs of Nigeria from 2003-2006. As Finance Minister, She led Nigeria"s Economic Team responsible for implementing the Obasanjo administration's far reaching economic and social reform agenda. The reforms made particular progress in restoring macroeconomic stability, tripling growth, initiating a strong fight against corruption, and increasing transparency.
Before taking up her Ministerial appointment, she served in a number of important positions at the World Bank including Vice President and Corporate Secretary, Director of Operations in the Middle East and North Africa region, and Country Director for the South East Asia and Mongolia Country unit. She joined the World Bank in 1982. She serves as a Director of World Resource Institute. She is a recipient of numerous awards and honors including Time Magazine European Hero 2004, Euromoney Magazine Global Finance Minister of the year 2005, Financial Times/The Banker African Finance Minister of the year 2005, This Day Nigeria Minister of the Year 2004, 2005, Honorary Doctorate of Laws from Colby College 2007, and Brown University 2006, Honorary Doctorate of Humane Letters, Northern Caribbean University, Jamaica.
She is a member or chair of numerous boards and advisory groups in the public, private and non-governmental sectors including DATA, the World Resources Institute, the Clinton Global Initiative, the Nelson Mandela Institution and the African Institutes of Science and Technology, the Mo Ibrahim Foundation Governance Prize Committee, Friends of the Global Fund Africa. She is also an adviser to the World Bank on the Stolen Assets Recovery (STAR) initiative, and served as a member of the Malan Committee on Bank-Fund collaboration. Dr. Okonjo-Iweala graduated with an A.B. magna cum laude in Economics from Harvard University, and holds a PhD in Regional Economics and Development from the Massachusetts Institute of Technology.
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Mr Francis Daniels
Mr. Daniels has over 15 years experience investing in Africa. He is a director of Africa Opportunity Partners, the investment manager of Africa Opportunity Fund Limited, an investment company admitted to trading on the AIM Market of the London Stock Exchange.
He is a member of the boards of directors of TA Holdings, a Zimbabwean stock-exchange listed investment holding company; Masawara PLC, a company admitted to trading on the AIM Market with a portfolio of private investments in Zimbabwe; and Triton Logging, Inc., a private Canadian company dedicated to harvesting trees under the Volta Lake in Ghana. Mr. Daniels is an attorney admitted to practice in the State of New York. He holds a LL.B degree from the University of Ghana, a LL.M degree from the University of Toronto, and a LL.M degree and a LL.M (Corporations) degree from New York University Law School.
He is currently based in Johannesburg.
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Mr Noureddine Ayed
A qualified Electro-Engineer, Mr Ayed is a Tunisian National who attained his academic qualifications in Liege, Belgium. With over three decades of experience in various industrial sectors, he has led multi-million dollar trade missions and developed successful partnerships with engineers and local government authorities in several countries. His track record includes international industrial technical assistance provided in countries including Tunisia, Egypt, Cameroon, Algeria, Morocco, Libya, Qatar, Phillipines and the USA, amongst others.
Mr Ayed was elected Business Man of the Year 2008 and Honorary President by the Tunisian Businessmen World Association. He was also honoured by the Society Centre for Exporters in Milan, Italy and received awards from the Governments of Thailand and The Phillipines. Mr Ayed is Honorary Consul of Malaysia to Tunisia from 2004 till present day.
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