African Development Bank Appoints Ousmane Fall As Acting Director for the Industrial and Trade Development Department

9 April 2024
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African Development Bank (Abidjan)
announcement

The African Development Bank has appointed Ousmane Fall Acting Director of the Industrial and Trade Development Department.

Fall will continue in his current role as Director of Non-Sovereign Operations (NSO) and Private Sector Support Department, where he oversees the Bank's NSO Portfolio and provides leadership on the Bank's investments in equity and private equity funds.

His appointment marks a return to the African Development Bank following four years at the International Finance Corporation (IFC), where he provided strategic leadership on country planning and ministerial dialogue in the African infrastructure space.

Before joining IFC, he worked for 10 years at the Bank, holding several positions in the public and private sector departments, including Acting Manager for Strategy and Transactions Support Division and Officer in Charge for the Non-Sovereign Infrastructure Division. He also spearheaded knowledge management and training on non-sovereign operations with the establishment of the Non-Sovereign Operations Pathways/Modules focused on project finance, corporate loans, financial modelling, technical assistance, client relationship management, equity investments and many more.

In the Bank's Public Sector Department, he was in charge of Energy, working on solar and hydro projects among others. He also worked in the Bank's Risk Department, where he contributed to the definition and implementation of the Bank's Capital Adequacy Framework and Exposure Management Policy.

Before joining the Bank Fall was an investment banker in the Structured Finance Division of the Société Générale in Paris.

He said: "I am truly grateful and privileged to be appointed by President Adesina as Acting Director of the Industrial and Trade Development Department. Industrialization is a key priority for our regional member countries and for the Bank. I remain fully committed and dedicated, under the President's leadership and the Bank's Senior Management team, to contribute to the acceleration of the industrialization of our continent".

Read the original article on African Development Bank (AfDB).

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