H.E. Dr. Donald Kaberuka

H.E. Dr. Donald Kaberuka is the 7th elected President of the African Development Bank Group. He took the oath of office on September 1, 2005 in a ceremony at the institution’s Temporary Relocation Agency in Tunis. As President of the Bank Group, H.E. Donald Kaberuka is chairing the Boards of the African Development Bank and the African Development Fund, the soft loan arm of the Group.

H.E. Dr. Donald Kaberuka was educated in Tanzania and the United Kingdom where he obtained his M. Phil. (Econ.) and a Ph.D. in Economics from the Glasgow University in Scotland. He served as Rwanda’s Minister of Finance and Economic Planning since 1997, and has been widely acknowledged as the principal architect of the successful post-war reconstruction and economic reform programme. He initiated and implemented major economic and governance reforms in the fiscal, monetary, budgetary and structural domains including independence of the Central Banks. These reforms resulted in the widely acclaimed recovery of the Rwandan economy, sustained economic growth and enabled the country to benefit from debt cancellations under the Highly Indebted Poor Countries (HIPC) Initiative in April 2005. As minister for Finance and Economic Planning, H.E. Dr. Donald Kaberuka was the Governor for Rwanda at the World Bank (WB), the International Monetary Fund (IMF) and the African Development Bank.

H.E. Donald Kaberuka is fluent in English, French and Swahili.

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