Rwandese national Donald Kaberuka, a former President of the African Bevelopment Bank (AfDB) has been appointed as the new Board Chair of the Global Fund to Fight AIDS, Tuberculosis and Malaria, according to a statement made available to APA in Kigali Monday.
Dr. Kaberuka was president of the African Development Bank and chairman of its board of directors from 2005-2015.
Prior to that he was Finance minister of Rwanda from 1997-2005.
Dr. Kaberuka was selected by the Global Fund Board following a six-month search that was designed to identify the best leadership for the body.
Reports said that Dr Kaberuka’s two-year term is scheduled to begin on 16 May 2019, at the close of the Board’s 41st meeting.
As Finance minister of Rwanda from 1997-2005, Dr. Kaberuka also served as governor for Rwanda for the International Monetary Fund and the World Bank.
At the African Development Bank, Dr. Kaberuka led the efforts to bolster the capital resources of the bank from US$30 billion to US$100 billion, the statement said.
He is currently on the boards of trustees of the Rockefeller Foundation, the Mo Ibrahim Foundation and the Center for Global Development.
Commenting on his appointment, Dr Kaberuka stressed that the Global Fund is an extraordinary partnership, which has made a difference to humanity over the last two decades.
““It is now time to face emerging issues and sustain the achievements. I look forward to working with the Board and staff to get to the next level,” he said.
“Ending these three epidemics is a fight of our time and the Global Fund has shown that it is possible”, he added.
CU/as/APA