The African Improvement Financial institution Group (www.AfDB.org) has appointed Lamin Barrow, an economist, because the Director Common for the West Africa Area, efficient June 1, 2024.
Barrow, a Gambian nationwide, brings intensive expertise and data to his new position, having joined the African Improvement Financial institution in 2000. Earlier than this appointment, he served as Director Common of the Nigeria Nation Division inside the Regional Improvement, Integration & Enterprise Improvement Vice Presidency. Barrow’s experience spans coverage evaluation, strategic administration, mission finance, regional integration, and public-private partnerships.
Throughout his tenure as Director Common for Nigeria, Barrow considerably enhanced the Financial institution’s growth cooperation with the Federal Authorities of Nigeria and established strategic partnerships with key stakeholders. He managed the Financial institution’s $4.5 billion portfolio in Nigeria and spearheaded the rollout of flagship initiatives. Notable initiatives embody the launch of the Particular Agro-Industrial Processing Zones (https://apo-opa.co/45tk9VG) and the Funding in Digital and Artistic Enterprises (iDICE) (https://apo-opa.co/3yV5J4u) program.
Since becoming a member of the Financial institution as a Senior Monetary Analyst within the Infrastructure Division, Barrow has held a number of progressive positions, together with Principal Nation Programme Officer within the Rwanda Nation Workplace, Resident Consultant in Ethiopia, and Supervisor of Operations, Technical Help, and Regional Approaches on the Transition States Help Division. He additionally served as Supervisor of the Cupboard Workplace of the President with the rank of Director, and as Director of the Joint Secretariat Help Workplace for the African Improvement Financial institution, African Union Fee, and United Nations Financial Fee for Africa.
Earlier than becoming a member of the African Improvement Financial institution, Barrow labored on the Gambia Nationwide Funding Board as Head of the Undertaking Improvement Unit and Division Supervisor of Export Promotion and Improvement. He additionally served as Principal Economist on the Coverage Evaluation Unit within the Workplace of the President of Gambia, and the Firm for Habitat & Housing in Africa (Shelter Afrique).
He holds a Grasp of Arts in Financial Coverage from Boston College, USA, and a B.Sc. in Economics from the College of Ibadan, Nigeria. He’s additionally an alumnus of govt packages in finance from The Wharton College, College of Pennsylvania, USA, and funding and threat evaluation from Queen’s College, Canada.
Commenting on his new position, Barrow said: “I’m grateful to President Adesina for his confidence and this nice alternative to serve on this new position and additional contribute to the implementation of Financial institution initiatives in assist of the event packages of West African nations.”
Dr. Akinwumi A. Adesina praised Mr. Barrow’s appointment, stating, “Mr. Barrow has intensive data and wealth of expertise in managing Financial institution operations, dealing with nation dialogues, and interesting with senior authorities policymakers. His sturdy expertise as Director Common of the Nigeria Nation Workplace Division positions him effectively to guide the West Africa staff, which has the biggest portfolio within the Financial institution. He’ll convey his wealth of expertise to drive and guarantee higher operational effectivity and effectiveness, enhancing the general high quality of the Financial institution’s portfolio throughout the West Africa area to attain vital developmental impacts.”
Distributed by APO Group on behalf of African Improvement Financial institution Group (AfDB).
Contact:
Kwasi Kpodo
Communication and Exterior Relations
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Concerning the African Improvement Financial institution Group:
The African Improvement Financial institution Group is Africa’s premier growth finance establishment. It includes three distinct entities: the African Improvement Financial institution (AfDB), the African Improvement Fund (ADF) and the Nigeria Belief Fund (NTF). On the bottom in 41 African nations with an exterior workplace in Japan, the Financial institution contributes to the financial growth and the social progress of its 54 regional member states. For extra info: www.AfDB.org