Sidi Ould Tah Succeeds Dr. Adesina as President of the African Development Bank
Dr. Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank Group (AfDB), succeeding Dr Akinwumi A. Adesina...
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Dr. Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank Group (AfDB), succeeding Dr. Akinwumi A. Adesina. A Mauritanian national, Dr. Ould Tah, aged 60, was elected on May 29, 2025, with an unprecedented 76% of shareholder votes, marking the highest margin for a first-term president in the Bank’s history.
- Dr. Ould Tah previously oversaw expansion at the Arab Bank for Economic Development in Africa (BADEA), with assets growing from $4 billion to nearly $7 billion, and the institution achieved AA+/AAA credit ratings.
- He outlined his Four Cardinal Points for his presidency: listening intently, launching a fast-track reform agenda, deepening partnerships, and accelerating real solutions.
- Dr. Tah served as Minister of Economy and Finance of Mauritania between 2008 and 2015, and as Mauritania’s Governor on the Boards of the African Development Bank, World Bank, and Islamic Development Bank.
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Leadership Changes at Nestlé, TotalEnergies Kenya and African Development Bank - September 2025
Several major organizations have announced high-level leadership changes. Nestle has dismissed its chief executive, Laurent Freixe, after just one year in the role due to his failure to disclose a “romantic relationship” with a “direct subordinate.” TotalEnergies Marketing Kenya has appointed Biova Agboutou as its new Director and Chairperson of the Board, effective September 1, 2025. She replaces Elodie Luce, who resigned to take on a new role within the TotalEnergies Group. In a separate development, Dr. Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank Group. A Mauritanian national, Dr. Ould Tah succeeds Dr. Akinwumi A. Adesina after being elected with 76% of shareholder votes.
