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Treasury minister Njuguna Ndung’u to head AfDB board
Kenya's Treasury minister Njuguna Ndung'u (left) with Egypt's Central Bank Governor Hassan Abdalla and AfDB President Akinwumi Adesina during the chairmanship handover ceremony in Sharm el Sheikh, Egypt, on May 26, 2023. PHOTO | AfDB
Kenya’s Prof Njuguna Ndung’u has taken over the chairmanship of the African Development Bank (AfDB) board of governors, succeeding Egyptian Hassan Abdalla.
Prof Ndung’u, Kenya’s Cabinet Secretary for Treasury and National Planning, will lead the multilateral lender’s board for a term of one year, during which he will host the annual general meeting in Nairobi slated for May next year.
