Akinwumi Ayodeji Adesina is the 8th elected President of the African Development Bank Group. He was elected to the position on May 28, 2015 by the Bank’s Board of Governors at its Annual Meetings in Abidjan, Côte d’Ivoire. He took office at the Bank’s headquarters in Abidjan on September 1, 2015 and will serve an initial fiveyear term. Dr. Adesina, 57, is a distinguished development economist and agricultural development expert with 25 years of international experience. He is the first Nigerian to serve as President of the Bank Group.
Dr. Adesina served as Nigeria’s Minister of Agriculture and Rural Development from 2011 to 2015, during which time he implemented bold policy reforms in the fertilizer sector and pursued innovative agricultural investment programs to expand opportunities for the private sector. He holds a Masters (1985) and Ph.D. in agricultural economics (1988) from Purdue University, USA, where he won the outstanding thesis award for that year.
He graduated with a Bachelors’ degree in agricultural economics (First Class Honors) from the University of Ife, Nigeria in 1981.