18.05.2005 General News

ADB Presidency - Amoako Out!

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Abuja, May 18, GNA - Dr Kingsley Y. Amoako, Former Executive Secretary of Economic Commission for Africa (ECA) and Ghana's candidate contesting for presidency of Africa Development Bank, failed in his bid when he fell out after the second ballot."
Six persons are competing for the ADB presidency. They are: Ghana's Kingsley Y. Amoako; Nigeria's Olabisi Ogunjobi, Zimbabwe's Simba Makoni, Cameroon's Theodore Nkodo, Gabon's Casimir Oye-Mba and Rwanda's Martin Kaberuka. Egypt withdrew its candidacy. No reasons were given for the decision.
At the end of the second ballot Rwanda's Martin Kaberuka was in lead followed by Nigeria's Olabisi Ogunjobi with Gabon's Casimir Oye-Mba in the third position.
Balloting is continuing.

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