THE AFRICA BAZAAR Staff Writer
January 5, 2016
Former president of the African Development Bank, Donald Kaberuka has joined Center for Global Development, a Washington D.C-based think-tank, as a distinguished visiting fellow.
Mr. Kaberuka, who stepped down as president of AfDB at the end of August after completing a successful two-term tenure, will work on finance and development issues at CGD as well as serve as a member of the CGD’s panel on Multilateral Banking.
During his tenure, the AfDB became the top financial and technical institution serving the continent. Mr. Kaberuka steered the bank in a new direction to better serve the continent, with emphasis on investing in the continent’s aging infrastructures and providing financial capital to businesses such as farmers. He brought together the continent stakeholders and shareholders, both from the public and private sectors, senior government officials and business leaders along to strengthening the new directions in which the bank took.
Nancy Birdsall, founding President of the CGD said “Donald Kaberuka is an old friend of CGD, and I’m delighted that he is going CGD as a distinguished visiting fellow, having recently completed two extraordinary successful terms as AfDB president.”
Last year, Ms. Birdsall announced that she will be stepping down from her post once the right replacement for her post is found.
Mr. Kaberuka is currently a Hauser Leader-in-Residence at Harvard University John F. Kennedy School of Government. He received the Edward W. Scott, Jr. Equity Award for distinguish service in the interests of the world’s most vulnerable people from CGD, during the organization 10th anniversary.
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