AfDB Gets New VP

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The appointment of Marie-Laure Akin-Olugbade has been announced by the African Development Bank (AfDB), as the vice president responsible for the Regional Development, Integration, and Business Delivery Complex.

The appointment was effective from April 1, 2023.

According to the company, Akin-Olugbade 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 African Development Bank.

Speaking on the appointment, the President of the African Development Bank Group, Dr Akinwumi Adesina said, “I am pleased to appoint Mrs Marie-Laure Akin-Olugbade Vice-President for the Regional Development, Integration and Business Delivery Complex of the bank. She would provide strong and effective leadership to the complex. Marie-Laure is a seasoned and respected professional and business leader.

“She has extensive hands-on experience in banking and development and would ensure that the bank operates successfully across its regional member countries and will oversee the full implementation of all aspects of our regional directorates in furtherance of the bank’s development mandate.”

Commenting on her appointment, Akin-Olugbade said, “I am very grateful to the African Development Bank President, Dr Akinwumi Adesina, for the confidence and trust bestowed on me by this appointment. I look forward to working under Dr Adesina’s leadership.

“With the dedicated and talented team of directors general, directors, deputy directors, country managers, the bank’s operational complexes, the senior leadership team, and our board of directors, to enhance the effectiveness, efficiency, and delivery of quality operations for all beneficiaries in our regional member countries.”

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