AfDB Chief Poised for Second Term

The current president of the African Development Bank is poised to win his second five-year term after officials confirmed he was nominated unopposed for the bank leadership, African media reported Friday.

AfDB president Donald Kaberuka, a former Rwandan finance minister who was first elected to the bank’s helm in 2005, is expected to be re-elected during the bank’s May elections as officials reaffirmed to stand behind him through his second term.

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    Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.