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Former World Bank Vice President joins the ACBF as Chair of its Executive Board

23 Dec, 2014

Prof. Callisto Madavo has joined the Africa Capacity Building Foundation (ACBF) as the Chairman of its Executive Board. Prof. Madavo was selected by the Board of Governors of the ACBF in October 2014 to take over from Mr. Paul Baloyi who chaired the Executive Board for four years.

The ACBF Executive Secretary, Prof. Emmanuel Nnadozie said Prof. Madavo will not only serve as the chair of the Executive Board but also as a prominent development practitioner  that the ACBF can approach for its diverse capacity building initiatives on increasing development in Africa.

Prof. Madavo is a noted Zimbabwean economist. He previously served at the World Bank for 35 years where he held several senior-level positions, including Vice President for the Africa Region in charge of 47 sub-Saharan countries, and Country Director for East Asia and East Africa. Most recently, he served as a special advisor to the president of the World Bank. Earlier he worked on urban projects in Africa and Latin America. He joined the World Bank as a Young Professional in 1969.

He has extensive experience in development work focusing on issues of economic growth, urbanization, poverty reduction, good governance, private sector development, post-conflict programs, and social development. As Vice President for Africa at the World Bank, he championed a number of initiatives on HIV/AIDS, capacity building, and infrastructure.

Currently, he is a visiting professor in the School of Foreign Service at Georgetown University, where he teaches courses on the development of African economies, and the new and growing role of emerging economies of the South (China, India, Brazil) and Africa. He has consulted for a number of international organizations such as the Global Fund, UNAIDS, and the African Development Bank, and served on several working groups particular reference to development issues in Africa.

He is Founding Director and Chairman of the Management Committee of Centennial Group Africa. He has also served in other Boards including; Trustee, International HIV/AIDS Alliance, Foundation for Innovative Diagnostics, African Center for Economic Transformation and AFRICARE.

Prof. Madavo received his PHD in Development Economics in 1969 from the University of Notre Dame in Indiana, (USA).

Thomas Kwesi Quartey

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.

H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission
Erastus Mwencha

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.

H.E. Erastus Mwencha, Chair, ACBF Executive Board
Lamin Momodou

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.

Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa
Goodall Gondwe

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.

Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi
Ken Ofori Atta

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.

Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana