The nomination process for the next president of the African Development Bank officially opened on Tuesday, although official candidates won't be announced until February 2015.
But while we wait for that list, it's interesting to take a look at the process of how AfDB chooses its president at a crucial time for the institution, which is preparing to celebrate its 50th anniversary and move back to its old headquarters in Abidjan, Ivory Coast, after a decade in Tunis, Tunisia.
AfDB does require the president to be an African, but the nationality and ethnicity of the chief executive has been varied. The institution's first elected president was Mamoun Beheiry, an Arab from Sudan. And while Nigeria has for so long been the bank's top shareholder, and therefore has the highest voting power of 9.26 percent, AfDB has never had a Nigerian president. In 2005, Nigerian candidate Olabisi Ogunjobi lost against Donald Kaberuka from Rwanda, which back then had 0.16 percent voting powers at the bank.