African Development gets new CEO

unnamedAfrican Development Bank has appointmented of  Gabriel Negatu as the new Director General, Eastern Africa Regional Development and Business Delivery Office (RDBDO), with effect from 1 December 2016. The Eastern Africa (RDBDO) is part of the Bank’s new business approach to accelerate its business and development impacts across Africa.

Mr. Negatu has more than 25 years of senior level program, operations and managerial experience, including 18 years at the African Development Bank. He brings extensive experience in operations, having been senior and principal program officer (1998-2002), Chief Program Officer (2002-2006) and Sector Director for Economic and Financial Governance, where he led the Bank’s first governance department. He was credited for successfully leading the Bank’s response to the global financial crisis and for spearheading the use of budget support operations for fragile states.

He was appointed in 2010 as the Country and Regional Director for the East Africa Regional Resource Centre to help pilot the Bank’s decentralization effort. He successfully set up and is currently leading the Bank’s largest regional center, managing 13 client countries and a portfolio worth in excess of US$9 billion. He leads a multi-sector, multi-disciplinary and multi-cultural team that includes over 250 local and international staff.

Mr. Negatu holds a bachelor’s degree in geography and planning from California State University (1980) and a Master’s degree in Public and International Administration with a focus on Economics and Social Development from the University of Pittsburgh (1984).

The President of the African Development Bank, Dr. Akinwumi Adesina said of the appointment: “Mr. Gabriel Negatu is an effective leader. He was the pioneer Regional Director for the East Africa Regional Resource Center, which he successfully developed and which now manages the largest operations in the Bank. He is very well respected in the region. As the Bank moves to the New Development and Business Delivery Model, Gabriel’s solid experience, leadership and drive will be great assets for the Bank”.

 

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