AfDB appoints new Vice President

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AfDB appoints new Vice President
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The new Vice President joined the bank in the trading room of its Treasury Department in 1991 as a finance assistant, where she worked...

has announced the appointment of Marie-Laure Akin-Olugbade, a Cameroonian national, as Vice President for its Regional Development, Integration, and Business Delivery complex.In a press statement Tuesday, the bank said the new appointee is a seasoned senior executive with close to 31 years of experience delivering technical, managerial, and strategic knowledge and leadership in capital markets, treasury, asset management, and product development at the bank.

Working with the largest team of country managers in the institution, she was engaged in the full complexity of its lending and non-lending operations in middle-income and low-income countries. These have included transition states, as well as innovative and complex cross-border operations. Subsequently, she became a principal financial analyst in the Financial Technical Services Division, where she was responsible for clients’ financial solutions across the continent.

“There, she managed a $1 billion portfolio of complex lending and non-lending operations, which produced impactful and sustainable results. Notably, she led the team that originated and financed the landmark Accra Pokuase Interchange, the first four-tier interchange in West Africa,” the statement said.

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