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AFDB appoints new director for statistics department

AFDB appoints new director for statistics department

The African Development Bank (AFDB), a multilateral development finance institution, has announced the appointment of Babatunde Omotosho as its new director of the statistics department, effective June 16, 2024.

According to a statement on Friday, Omotosho is a Nigerian national with more than 21 years of experience in developing data strategies to align with the strategic objectives of organisations.

“With expertise in data compilation, data analytics, macroeconomic research, and policy analysis, Omotosho has previously served as director of Research and Statistics at the West African Monetary Agency (WAMA) in Sierra Leone, where he was seconded from the Central Bank of Nigeria,” it added.

It said at WAMA, he provided advice on monetary and economic integration within the Economic Community of West African States (ECOWAS).

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Omotosho holds a PhD in Economics from the University of Glasgow, United Kingdom (2021); a master’s degree in Applied Statistics and Datamining from the University of St Andrews, United Kingdom (2011); a master’s degree in Economics from the University of Benin, Nigeria (2008); and a Bachelor’s degree in Economics from the University of Ilorin, Nigeria (2000).

During the appointment, he expressed his gratitude and commitment to contribute to the continued success and growth of the Group.

“I am fully committed to fulfilling the responsibilities of the position while collaborating effectively with the Bank’s senior leadership team, colleagues, and other strategic partners,” he said.

Akinwunmi Adesina, President of AFDB Group expressed his enthusiasm about Omotosho joining the board.

“Omotosho brings to this role an impressive track record in statistics, economics, and data analytics. He will support the bank in building a robust data ecosystem to achieve our strategic objectives and sustain our long-term development goals,” he said.