Africa50 Names Five New Independent Board Members

Africa50 shareholders approved the expansion of the Board of Directors to include at least half independent directors.

The five new board members, hailing from France, Lebanon, Kenya, Nigeria and South Africa,  are recognized senior experts in infrastructure or related fields, and have substantial experience as non-executive directors in Africa and globally.

“I am pleased to welcome the new members to the Board. They bring with them a wealth of experience at the highest levels in infrastructure, corporate governance, public service, law, sustainability, and development finance. I am convinced that they will make a substantial contribution to the work of our Board as Africa50 ramps up its activities to help close the continent’s infrastructure gap,” said Akinwumi Adesina, President of the African Development Bank and Chairman of the Board of Directors of Africa50.

“I am pleased that Assaad, Albert, Imoni, Monhla, and Sophie have joined the Board. They combine top-level regional and sectoral skills with long service on the boards of other companies. This is a very important addition to Africa50’s governance structure. Combined with our world-class Senior Leadership Team, which is now in place, they will help us accelerate infrastructure development in Africa,” said Alain Ebobissé, CEO of Africa50.

The new Board members are: