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ADB's cloak and dagger elections. (African Development Bank)(Focus on Banking)
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African Business
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October 1, 1995
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Copyright informationCOPYRIGHT 1995 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Omar Kabbaj was chosen as the new African Development Bank president amid a controversial selection process conducted by the ADB steering committee. Kabbaj defeated the two other contenders from Lesotho and Nigeria. His candidacy was supported by France and the North African and francophone blocks. The election for the new bank president was held from Aug. 25-26, 1995.
Anver Versi reports on the web of intrigue that surrounded the recent election of the new President for the African Development Bank.
A Machiavellian drama of shifting loyalties, midnight deals and broken promises surrounded the election to find a successor to Mr Babacar Ndiaye, the African Development Bank's ...
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