Donald Kaberuka
| Donald Kaberuka | |
|---|---|
| File:Donald Kaberuka1.jpg | |
| 7th President of the African Development Bank | |
| In office 1 September 2005 – 1 September 2015 |
|
| Preceded by | Omar Kabbaj |
| Succeeded by | Akinwumi Adesina |
| Rwandan Finance Minister | |
| In office 1997–2005 |
|
| Personal details | |
| Born | 5 October 1951 Byumba, Rwanda |
| Nationality |  Rwanda |
| Alma mater | University of Dar es Salaam (BA) University of East Anglia (MPhil) University of Glasgow (PhD) |
| Profession | Economist |
Donald P. Kaberuka (born October 5 1951) is a Rwandan economist and was the president of the African Development Bank, from September 2005 until September 2015.[1][2]
Early life and career
Kaberuka was born in Byumba, Rwanda.[3] He studied at the University of Dar es Salaam as an undergraduate and obtained his MPhil in Development Studies from University of East Anglia in 1979. He received his PhD in economics from the University of Glasgow.[4]
He worked in banking and international trade for over a decade. In October 1997 he was appointed Minister of Finance and Economic Planning in Rwanda. Kaberuka served in that position for eight years, and is credited with helping to stabilize the Rwandan economy from the effects of the 1994 genocide. In July 2005, Kaberuka was elected president of the African Development Bank (AfDB). He took office in September 2005.[5]
Kaberuka led an institution whose financial standing has been restored from the near collapse of 1995, but whose operational credibility remains a work-in-progress.[6]
A working group convened by the Center for Global Development, an independent Washington think tank, released a report in September 2006 that offered six recommendations for Kaberuka and the Bank’s board of directors on broad principles to guide the Bank’s renewal.[7] The report contains six recommendations for management and shareholders as they address the urgent task of reforming Africa’s development bank. Prominent among the recommendations is a strong focus on infrastructure.
After AfDB
In November 2015, the Rockefeller Foundation appointed Dr. Donald Kaberuka to its board of trustees.[8] In December 2015, he was appointed Senior Advisor to a consortium "TPG/Satya", jointly owned by two private equity firms: (a) US-based TPG and (b) London-based Satya Capital, affiliated with Sudanese billionaire, Mo Ibrahim.[9]
References
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