Africa

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.

Under his tenure, the AfDB became the top financial and technical institution serving the continent. 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.