Hello people..It’s Wednesday and  good 237 news from the Banking and Investment world!

Cameroonian Economist, Celestin Monga has been appointed as the new  Vice President of the African Development Bank(AfDB)…



The African Development Bank (AfDB) announced on 10th July 2016, the appointment of Cameroonian economist Célestin Monga, to the position of Vice President in charge of the economic governance and knowledge management in this Pan African financial institution. Mr Monga was until now, and this since end 2014, Deputy Managing Director of the United Nations Industrial Development Organisation (UNIDO).

Read the rest of the story on Business in Cameroon here



Mr. Celestin Monga has been Managing Director at The United Nations Industrial Development Organization since November 2014. Mr. Monga is a an internationally recognized economist. He serves as Director of the Oxford University Press Handbook of Africa and economics. He began his career as a senior executive with Banque Nationale de Paris group. Mr. Monga has held various Board and senior executive positions in academia, financial services and international development. Among a host of professional achievements gained during a stellar career, he served on the Board of Directors of the internationally acclaimed Sloan School of Management – specifically its Fellows Program at the Massachusetts Institute of Technology (MIT) – meanwhile he has also held teaching posts at both Boston University and the University of Bordeaux. An author, scholar and academic, he was the economics editor for the 5-volume New encyclopedia of Africa (Charles Scribner’s, 2007) and his published works have been translated into multiple languages. elsewhere he has co-authored academic articles and policy reports with many of the world’s economists including Joseph Stiglitz, Robert Solow (both Nobel Prize winners), Justin Yifu Lin, Robert Barro, Olivier Blanchard, and John Kenneth Galbraith. Mr. Monga is a graduate of MIT, Harvard, and the universities of Paris 1 Pantheon-Sorbonne, Bordeaux and Pau.

Source: Bloomberg


Mr Monga was one of the speakers at the last annual general meeting of the AfDB which took place Lusaka, Zambia this May.



Congratulations Mr Monga..All the best in the AfDB journey!

OK people..It’s midweek.Have a good one!


Author: IRepCamer

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