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AfDB Appoints Nnenna Nwabufo VP For Regional Devt

BY CHIKA OKEKE, Abuja
                Mrs Nnenna Nwabufo 

African Development Bank Group has appointed Nnenna Lily Nwabufo as Vice President for Regional Development, Integration and Business Delivery.

The appointment takes effec from October 4, 2024. 

Until her appointment, Nwabufo, a Nigerian and seasoned executive, has garnered over 33 years of expertise in financial management, budget planning, human resource management, corporate services, and regional operations.

A statement from the AfDB website on Wednesday revealed that Nwabufo joined the services of the bank since 1991, where she  held various managerial roles, including Acting Vice President for Corporate Services in May 2015. 

Also, in January 2021, she was appointed the Director-General for East Africa, where she led the Bank's Group strategic objective of achieving developmental impact in the region’s 13 countries by ensuring the growth of sovereign and non-sovereign operations.

Nwabufo holds a Bachelor of Science degree in Economics from the University of Lagos, Nigeria, and an MBA from Henley Management College in the United Kingdom.

Reacting, the elated Nwabufo looked forward to working closely with the president, boards of directors, senior managers, and talented staff to continue advancing the bank’s development mission.

She was optimistic that effective teamwork would strengthen partnerships, ensure operational efficiency, and drive sustainable and inclusive growth across Africa.

The President of AfDB Group, Dr. Akinwumi Adesina was delighted over Nwabufo's appointment. 
He said: "Nwabufo brings deep knowledge of the bank, vast senior management experience in different parts of the bank, from finance to human resources, corporate services, budget management, and operations, which will be highly valuable in her new role in charge of country and regional operations and offices."
Adeshina was confident that Nwabufo's managerial and leadership skills, and deep operational experience would support all the bank’s sector Vice Presidents to deliver and manage their operations and portfolios more effectively, as well as deepen policy dialogues across countries and regions.

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