The African Development Bank has announced the appointment of Mr. Charles O. Boamah as Senior Vice-President of the African Development Bank Group, effective immediately.
Having served as Vice-President and Chief Financial Officer of the African Development Bank for the past six years and as Acting First Vice-President and Chief Operating Officer, Mr. Charles Boamah, comes into the new role with solid first-hand understanding and knowledge of the finances, operations and administration of the African Development Bank. Charles is a globally respected executive with over 35 years of successively challenging leadership experiences in and outside of Africa.
Mr Boamah brings to the new role first-hand experience in business continuity planning and execution, having played a leading role in the successful temporary relocation of the Bank to Tunis in 2003 and the equally successful return to Abidjan in 2015.
Over the past six years, Mr. Charles Boamah has successfully led major resource mobilization drives for the Bank, including the most recent replenishment of the African Development Fund, the establishment in 2015 of the Africa Growing Together Fund, a USD 2 billion co-financing facility, successful negotiation of a USD 3 billion co-financing facility under the Enhanced Private Sector Assistance Facility for Africa, among others. He led the task force for the establishment of Africa50, an innovative vehicle for accelerated infrastructure delivery in Africa.
M. Charles Boamah previously served on the Board of Directors of the African Export Import Bank (Afreximbank), the Audit Advisory Committee of UNICEF and a couple of Global Action Committees of the World Economic Forum.
He joined the African Development Bank in 1996 from Wells Fargo Bank where he served as Vice-President of Accounting Policy and Research.
Mr. Charles Boamah started his professional career with PwC) in Accra (1978 to 1980) and in Los Angeles (1982-1985), where he provided assurance as well as mergers and acquisition support services to companies in banking, insurance, manufacturing and retail industries.
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