The Bank Will Honor Its Commitments Under the Gci

13 May 2010
Content from a Premium Partner
African Development Bank (Abidjan)
press release

Speaking during a meeting with the AfDB management on Tuesday, May 11, 2010, Bank Group President, Donald Kaberuka, urge his collaborators to size up the scale of responsibilities that come with a general capital increase for the institution. It is necessary for everyone to understand that commitments the Bank makes to its stakeholders must be fulfilled, he said.

"The Bank will do its best to fulfill its promises to its stakeholders during the general capital increase negotiations," Mr. Kaberuka said during a meeting with members of the institution's senior management team in Tunis on May 11, 2010. He said that "with its enormous human resources potential and technical skills, the Bank must overcome all development challenges on the continent. In this regard, it must continue to deepen ongoing reforms which are already bearing fruits.

It is obvious that everything about our operations is not perfect, but we must overcome new challenges everyday, Mr. Kaberuka said. The commitments made to stakeholders will therefore be at the centre of our future activities, especially regarding the strengthening of our decentralization which should be viewed as global in nature and not solely based on external factors, responses to challenges posed by climate change, gender and fast-track disbursements as well as improving the web site. Bank Group staff were urged to strengthen internal communication in order to make the institution a real knowledge centre on Africa's economic and social development.

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Antoinette Batumubwira

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