Charles Owusu Boamah has been appointed senior vice president of the African Development Bank (AFDB). He replaces Frannie Leautier, who resigned from the Bank for family reasons.
The African Development Bank is present throughout the African continent and provides services aimed at economic development and progress of African countries. Established on August 4, 1963, it has its main headquarters in Abidjan, Ivory Coast.
Charles Boamah has worked for the African Development Bank since 1991 and during his career he has held various roles: he was the vice president of Finance and the Director of the department in charge of financial control.
He graduated in 1978 from the University of Ghana Legon with a degree in Business Administration; and in 1982 he obtained an MBA from the Anderson School of Management in Los Angeles.
Before joining the African Development Bank had worked for five years at Coopers & Lybrand, where he started off as an accountant and was later promoted to supervisor. Subsequently, he worked for 11 years at the First Interstate Bank, initially as a financial analyst and later as vice president and director of the department of accounting and research.