Embattled President of African Development Bank Akinwumi Adesina has not been asked to resign but allegations being treated seriously, board says

The African Development Bank’s board of governors said in a statement made public on Thursday but dated May 27 that a decision on its embattled President Akinwumi Adesina has not been reached, adding that it was however treating allegations against him seriously.

The board neither denied nor confirmed it had agreed to open a new probe against Adesina following pressures from the Trump administration.

It, however, confirmed that Adesina has not been asked to resign. It did not say whether Adesina would be asked to ‘step back’ if a new probe is opened as requested by the United States and other countries backing a second probe.

The Board of Governors’ Chairperson, Mrs. Niale Kaba, called on the public to allow due process to follow course, adding that all board members would be consulted before a decision is reached.


The Trump administration has called for a fresh and independent probe of Adesina, following serious allegations of nepotism and favoritisms in contract allocations against him.

A previous probe cleared Adesina on May 5, but on May 22, the Trump administration called for a new probe in a letter to the board of governors.

Adesina may be asked to step back if a new probe is confirmed as requested by a group of countries led by the United States, people familiar with the deliberations said, according to Bloomberg.

Chief White House Correspondent for

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

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