Thursday, January 19, 2012

World Bank vice president for Africa resigns ?

World Bank vice president for Africa resigns ?

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The Vice-President for Africa, World Bank, Mrs. Oby Ezekwesili, has resigned from the Bretton Woods institution, after five years of meritorious service. Her resignation takes effect from the first week of May.

The World Bank President, Mr. Robert Zoelick, who made this known in a letter, said Ezekwesili would be back to Nigeria after ?five years of important and successful service to the bank and Africa?.

Zoelick said he had to delay the exit of Ezekwesili, who was a two-time minister when former President Olusegun Obasanjo held sway, by one year, to enable her implement the new strategy, ?Africa?s Future and World Bank support to It,? that ?she did so much to develop?.

Ezekwesili will be succeeded by Makhtar Diop, a Senegalese national, who has been the Country Director for Brazil since 2009. Diop is expected to resume on May 5.

Zoelick gave no reason for her resignation but extolled her virtue.
Although Ezekwesili had completed a four-year tenure last year, and was already hoping to return to her family in Nigeria, she was asked to stay another year by Zoellick, who eulogised her contributions as the Bank?s leading official on Africa since 2007.

New role

Ezekwesili will be returning to Nigeria to play a role in engaging African leaders and governments towards the attainment and sustenance of good governance as well as provision of sound policy tools and agenda for the development of the continent.
She? is known to have actively supported African countries in pursuing core development goals and often praised for her personal zeal and knowledge in advancing a series of policy options for the continent?s leadership, causing even the Economist magazine to recently review its previous doomsday prediction on Africa, and declare that Africa is indeed rising based on the upward growth rate on the continent.

Zoellick himself while recalling that the former Nigerian minister ?joined the Bank in 2007,? disclosed that ?last year, I asked her to extend another year, delaying her return home, to begin implementation of the new strategy, ?Africa?s Future and World Bank support to it? that she did so much to develop?.

Commendations

In flowing praise, Zoellick said that, ?under Oby?s leadership, our Africa team employed innovation, knowledge, partnership and financial services to strengthen results across Africa and to improve the prospects for Africa?s economic performance?.

According to the World Bank boss,that Ezekwesili?s ?close attention to the needs of our clients, engagement with African leadership and with regional institutions - such as the African Union, EAC and ECOWAS - as well as with the UN and other partners, has helped us to leverage our effectiveness across Africa.?

He said the Nigerian public reform technocrat ?has done excellent work mobilising private sector engagement and better connecting Africa?s development to that of other regions, particularly through South-South partnerships?.

The statement said Ezekwesili built a strong team across the range of the Bank?s work: infrastructure and human development; agricultural production and productivity; private sector development; economic reforms to overcome poverty; and governance and accountability.

Zoellick said that this reflected her experience and background, and then called the former Solid Minerals Minister in Nigeria and Senior Special Assistant on Due Process ?a relentless campaigner for transparency and against corruption?.

She was credited for the new World Bank strategy for Africa and its implementation plan, which she developed and for which Zoellick observed now offers ?a strong legacy,? for the global lending and financing agency.

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NP/Ehimen/Williams /Cokey

Source: http://c.moreover.com/click/here.pl?r5767725923

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