The African Development Bank Group has a new president, Dr. Sidi Ould Tah, who was elected by the Bank’s Board of Governors on May 29, 2025.
Dr. Tah will assume office on September 1, 2025, for a five-year term, succeeding Dr. Akinwumi Adesina, whose second mandate will come to an end.
The African Union Chairperson, Mahmoud Ali Youssouf, congratulated Dr. Tah on his election as the 9th President of the AfDB Group, saying that Dr. Tah’s election is a testament to his exceptional leadership and commitment to advancing Africa’s development agenda.
“H.E. Youssouf reaffirms the AU’s full support for the Bank and expresses confidence in Dr. Tah’s ability to respond effectively to the continent’s most pressing challenges, from debt sustainability and food security to climate resilience and digital innovation,” a congratulatory message from the AU reads in part.
The Chairperson also paid tribute to H.E. Adesina, the outgoing President, acknowledging his exemplary leadership and many achievements during his tenure. He wished Dr. Adesina continued success in his future endeavours.
With Dr. Tah’s election, the African Development Bank Group is set to benefit from his vast experience and exceptional leadership.
Addressing Africa’s Challenges
Dr. Tah’s tenure is expected to focus on addressing key issues such as debt sustainability, food security, climate resilience, and digital innovation.
With his leadership, the African Development Bank Group is poised to make significant strides in promoting economic development and improving the lives of Africans.
Strong Background in Finance and Development
As a seasoned professional with a strong background in finance and development, Dr. Tah is well-equipped to address the complex challenges facing the continent. His experience will enable him to provide strategic direction and leadership to the Bank Group, ensuring that it continues to play a critical role in promoting economic growth and development in Africa.
A New Chapter for the African Development Bank Group
As Dr. Tah takes the helm, the AfDB Group is set to embark on a new chapter in its history. With his leadership, the Bank is expected to continue playing a critical role in promoting economic development and improving the lives of Africans.