President of the Africa Development Bank (AfDB), Dr Akinwumi Adesina has been re-elected for another five-year term.

Adesina who was the sole candidate in the election was re-elected by the Board of Governors of the bank at its virtual annual general meeting.

Thelagostimes gathered that the election took place electronically on Thursday during the bank’s general meeting.

While sending a congratulatory message via his verified twitter handle, President Muhammadu Buhari’s aide on New Media, Bashir Ahmad wrote: “Nigeria’s Dr. Akinwumi Adesina has been re-elected as the President of the African Development Bank (AfDB). With this re-election, he will spend another 5 years supervising the affairs of the Bank. Congratulations,”