The African Development Bank Group has approved the appointment of the Chief Economist, Rabah Arezki as the new Vice-president
Naija News learnt that the appointment was confirmed via a press statement made available to the pressman.
According to the statement Arezki, a citizen of Algeria had being working at the World Bank since 2017 as the Chief Economist for the Middle East and North Africa Region.
He also worked at the International Monetary Fund (IMF) from 2006 to 2017.
He started his career at the IMF as an Economist and became the Chief of the Commodities and Environment Unit in the Research Department. He provided leadership on IMF’s rapid response to the historical collapse in oil prices that started in 2014. He advised authorities all around the world on risk mitigation policies.