African Development Bank President, Akinwunmi Adesina has been re-elected for a second five-year term.

The head of the African bank had appealed on Wednesday for a second term in office over issues of corruption and challenges that the bank has experience over time

In his speech at the African Development Bank,”I would like to sincerely thank you all, our esteemed Governors, under the excellent leadership and wisdom of the Chairperson, Minister Niale Kaba, for joining hands to steady the Bank,” he said.

Read more: Buhari to Adesina – I’ll Stand By You As I Did in 2015 Despite Your PDP-Govt Role

“I am proud of the African Development Bank and the strength of our governance systems. I am proud of each and every shareholder of the Bank who challenged and made us all better. Our experience has made us better and stronger. Our challenges, though difficult, have become our gain.

“But it’s not been easy… I will reach out… I will engage… We will HEAL…”

A few months ago, Mr Adesina was in the eye of the storm over sundry allegations of misconduct. The former Nigerian minister is seeking a second term as president of the bank.

In a petition by the group of whistleblowers, Mr Adesina was accused of 20 breaches of the bank’s code of conduct. The bank, however, found the allegations to be “frivolous”.


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