- New AFTB president Oould Tah has set out a four-point agenda, including carefully listening; fast reforms; Deepening partnerships and accelerating real solutions such as its nuclear priorities.
- Mauritanian, Dr. Oould Tah, was elected on 29 May 2025 by more than 76% of the votes of the shareholders-the highest margin for a first term chairman in the history of the bank.
- The 60-year-old has the Nigerian Dr. Akinwumi Adesina taken over who served the lender for two consecutive installments.
Mauritanian Dr. Sidi Oould Tah has taken over the control of the African Developmt Bank Group (AFDB) and has announced a four -point plan that listens deployed; launching a quick reform agenda; Deepening partnerships and accelerating real solutions such as the core priorities that start his term of office from 1 September 2025.
On Monday, the banker was sworn in as the ninth president of the Department group on Exact11: 04am Abidjan Time, took over from the Nigerian Dr. Akinwumi A. Adesina, who has completed his two periods at the helm of the group.
Dr. Oould Tah, 60, who comes from the Islamic Republic of Mauritania, was elected on 29 May 2025 with more than 76 percent of the votes of the shareholders-the highest margin for a first-term president in the Bank’s history.
The new president repeated that AfDB will be “Attent, responsive and able to set priorities that matter,” adding that his leadership will improve partnerships by working closely with governments, the private sector and international partners, “so that together we create a financial framework that serves Africa on its own conditions.”
Dr. Sidi Maybe Tah To expand the partnership of Afdb
Dr. Ooul Tah acknowledged the presence of bank partners, including Finance in common, the alliance of African financial institutions, the International Development Club and the Arabian coordination group, and promised his willingness “to extend the partnership of the bank to new players such as Sovereine Funds, Pension Funds”.
Moreover, he has committed himself to “our investment models urgently visiting again with a dedicated pillar for investments in peace.”
President Ooul Tah confirmed his intention to organize a city rental ‘in the coming days’ for bank staff, which he described as the ‘Institution most valuable source’.
Een cruciale rol voor de bank voorstellen als een gids voor een continent waarmee de 21e-eeuwse uitdagingen van demografie, technologie en klimaatverandering worden geconfronteerd, zei Tah: “Afrika moet naar het noorden, zuid, oosten en westen kijken-niet om te imiteren, maar om wijsheid en kracht te trekken uit alle richtingen, als een navigator begeleid door het kompas, en de kompas, en een kompas, en een kompas, en een kompas must help, and a compass, and a compass, and a compass, and a compass, and an agency, and an agency, and a compass, and a compass, he is said in the direction of the compass, and an agency.
However, he emphasized that this important leading role in making universal solutions “formed by African perspectives, African priorities and African freedom of choice” should be approached in a selective way and says: “The African Development Bank should not strive to be everything for everyone.
Dr. Maybe Tah track record
Dr. Oouls Tah as president of the Arab Bank for Economic Development in Africa (Badea), where he supervised a milestone -institutional transformation. Under his leadership, the assets of Badea grew from $ 4 billion to almost $ 7 billion, the annual approvals increased twelve -fold and payments eightfold; And the institution achieved AA+/AAA credit assessments.
He brings the presidency of the AfDB group More than four decades of experience in development of development, economic policy and institutional transformation. He also served as Minister of Economy and Finance of Mauritania between 2008 and 2015, and the Governor of Mauritania on the Boards of the AFTB, the World Bank and the Islamic Development Bank, among others.
Fluent in Arabic, English and French, with working skills in Portuguese and Spanish languages, President Oloult Tah has been promoted in the economy of the University of Nice Sophia Antipolis, France and advanced degrees of Paris VII-Jussieu and University of Nouakchott.
Dr. Oouls Tah inherits a pan-African institution with robust foundation: $ 318 billion in capital, AAA credit ratings that are enforced for 10 consecutive years and the world’s highest transparency score for a sovereign portfolio, at 98.8 percent. In the past decade, the bank has approved $ 102 billion in development financing in various projects between economies on the continent.
The public during the cursing ceremony included representatives of international institutions and development partners, private sector, civil society, diplomats, members of the board of the bank and staff.
Three of the candidates who besides Dr. Oold tah for the presidency have disputed. Bajabulile Swazi Tshabalala, Mr. Amadou Hott and Dr. Samuel Munzele Maimbo – were also present.
The president of the Ivory Coast d’IVOire, Alassane Ouattara, and his Mauritanian counterpart president, Mohamed Oass Ghazouani, adorned the high -level ceremony in the Sofitel Abidjan Hôtel Ivoire.
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New era of Hope for Afdb under Sidi Oould Tah
Former AFTB group Presidents Dr. Akinwumi A. Adesina and Dr. Donald Kaberuka, as well as the board of directors of the banking group, including executive directors, employees and international dignitaries were present to witness the change of leadership. The Republic of the Minister of Economy of Congo Ludovic Ngatse in his capacity as chairman of the Bank’s Board of Directors was chairman of the curse in the core.
President Ouattara called the change of leadership a “milestone that comes into the lives of our Pan-African institution at a historic moment” and “releases the way for a new era of hope for the bank.”
In his comments, immediately after the curse ceremony, President Ghazouani noted that: “Dr. Sidi Ooul Tah has this heavy responsibility to ensure that the bank improves its key role in promoting the economic and social development of the continent, to remain a complete lever in terms of the Africa -welling and aspirations.”
President Ghazouani expressed confidence in the new president of the bank to deliver and explained for the continent: “We will be the bank that share bridges between regions, between ambitions and implementation, between the public and private life, between urgency and bureaucracy. Let’s move forward with urgency, with unity, and with non-reversing accountability.” Oub Tah said in his well -received inaugural speech.
Also read: What Sidi Ooul Tah wants to achieve as the new president of AFTB
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