A Specialized Agency of the African Union

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Executive Board

Appointed by the Board of Governors, the Executive Board is charged with oversight responsibility of the activities of the Foundation. The Executive Board sets the Guidelines and Rules and Procedures under which the Foundation operates and approves the projects and budgets for all programming interventions.

The Executive Board comprises of 11 members: (representatives of the founding Sponsoring Agencies and nine independent members). Executive Board members are appointed on individual merit and primarily because of their experience and knowledge of development issues in Africa. Decisions of the Executive Board are premised on the best interest of the Foundation. The Executive Secretary is an ex-officio member of the Executive Board.

To effectively discharge its mandate, the Executive Board operates with the support of three committees: An Operations Committee which reviews project proposals submitted for consideration as well as provide strategic guidance on implementation of the approved strategy. A Finance and Human Resources Committee which examines and provides strategic guidance on all financial and human resource matters of the Foundation with due consideration for efficiency and effectiveness. An Audit and Risk Committee which is the anchor of oversight of the internal controls of the Foundation tasked with the responsibility of ensuring that the entity has a robust and effective risk management framework and assurance that resources are being utilized for intended purposes. Overall, the Committee assists the Executive Board in fulfilling its oversight responsibilities for financial reporting process, the system of internal control, the audit process, risk management, and the monitoring of compliance with accounting policies and practices, and the code of conduct. The Committees of the Board can coopt experts who will sit as Independent members to enhance the skill set and mix on the Board and thus improve the quality of decision making.

ERASTUS J.O. MWENCHA, Chair of the Executive Board
Louka T. Katseli
Graham Stegmann
Mamadou Biteye
Jonas Aklesso Daou
Jessie Rose Mabutas
Constant Koko Mudekereza
Pauline Paledi-Mokou
Kevin Urama
Roselyn Akombe
Mamour Malick Jagne
Mr Hambani Masheleni

Members of the Audit and Risk Committee of the Executive Board

J Graham Joscelyne
Verasak Liengsririwat
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