Pursuing Institutional Reforms

13 May 2010
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African Development Bank (Abidjan)
press release

Mr. Kaberuka statements indicate that the Bank is finalizing and deepening its institutional reform agenda undertaken in 2006.

The reforms, which have radically changed the institution's organizational structure, were driven by an agenda which aimed at rendering the Bank's functioning compatible with the ambitions of its stakeholders and its current mandate. Thus, the changes announced underscore the emergence of new priorities such as energy and climate change and the need to strengthen integrity and anti-corruption mechanisms such as results-based management.

Furthermore, a think-tank will be dedicated to supporting the president's increasing actions at the international level as a recognized African voice on African development issues, a source of informed advice and promoter of strategic partnerships.

By so doing, the Bank will pursue its aspiration of becoming the continent's premier development institution. It will also place itself in a position where it will no longer ask for additional resources, but position itself as an efficient and reliable manager of huge resources put at its disposal.

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