President Akinwumi Adesina of the African Development Bank Group is pleased to announce the appointment of Ms. Hassatou Diop N'Sele, as Acting Vice-President for Finance and Chief Financial Officer.

She is currently the Treasurer of the African Development Bank Group and will hold the position jointly with her current responsibility as the Treasurer of the Bank Group, until a substantive new Vice-President for Finance and Chief Financial Officer is appointed. Ms. N'Sele takes over from Mr. Charles Boamah who has been appointed as Senior Vice-President for the Bank.

Ms. Hassatou Diop N'Sele is a seasoned professional with 25 years of banking and finance experience. She has led the expansion of the African Development Bank's capital markets activities across the globe, setting an effective funding strategy for the institution. She oversees investments of the Bank Group's USD 20 billion liquidity in multicurrency portfolios and its hedging activities. She leads discussions with rating agencies on treasury activities and provides strategic support to discussions with member countries on capital increases, replenishments of the African Development Fund (ADF), and the Multilateral Debt Relief Initiative.

Ms. N'Sele joined the Bank in 1999 as a Senior Treasury Officer and successively held the positions of Principal Treasury Officer, Chief Treasury Officer and Manager of the Capital Markets and Financial Operations Division.

Ms. N'Sele holds a Masters of Business Administration (MBA) in Finance and a Bachelor of Business Administration from the George Washington University, Washington, DC, USA.