Donald Kaberuka

Donald Kaberuka
Kaberuka attending the 2009 World Economic Forum on Africa, June 2009.
7th President of the African Development Bank
Incumbent
Assumed office 1 Sep 2005
Preceded by	Omar Kabbaj
Personal details
Born	5 October 1951 (1951-10-05) (age 60) Byumba
Nationality	Rwandan
Alma mater	University of Glasgow (PhD)
Profession	Economist

Donald Kaberuka (born 5 October 1951) is a Rwandan economist and the current president of the African Development Bank.^[1]

Kaberuka was born in Byumba, Rwanda.^[2] He was educated at universities in Tanzania and the United Kingdom and received a PhD degree in economics from the University of Glasgow.^[3] 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.^[3]

Kaberuka leads an institution whose financial standing has been restored from the near collapse of 1995, but whose operational credibility remains a work-in-progress. 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.^[4] 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.

References

1. ^ Xiaodan, Du. "Premier: China to continue assistance for African countries". Xinhuanet. http://www.cctv.com/english/20070516/101624.shtml. Retrieved 11 April 2009. 
2. ^ "Mr. Donald Kaberuka – Who's Who Profile". Africa Confidential. http://www.africa-confidential.com/whos-who-profile/id/837/Donald-Kaberuka. Retrieved 11 April 2009. 
3. ^ ^{a b} "Donald KABERUKA". Ideas 4 Development. http://www.ideas4development.org/contributors/kaberuka/en/. Retrieved 11 April 2009. ^{[dead link]}
4. ^ "Building Africa's Development Bank: Six Recommendations for the AfDB and its Shareholders". Center for Global Development. August 2006. http://www.cgdev.org/files/10033_file_AfDB_ENG.pdf. Retrieved 11 April 2009. 

Persondata
Name	Kaberuka, Donald
Alternative names
Short description
Date of birth	1951-10-05
Place of birth	Byumba
Date of death
Place of death