ZAM Endorses Dr. Samuel Maimbo for African Development Bank Leadership
The Zambia Association of Manufacturers (ZAM) has formally endorsed Dr. Samuel Maimbo for the presidency of the African Development Bank (AfDB), citing his extensive expertise and leadership in international finance as key assets for driving Africa’s economic transformation.
Dr. Maimbo, who currently serves as the Vice President for Budget, Performance Review, and Strategic Planning at the World Bank, has had a distinguished career dedicated to advancing financial solutions, economic resilience, and sustainable development.
His tenure at the World Bank has been marked by a strong commitment to innovative financial mechanisms, capacity building, and fostering strategic partnerships across the continent.
ZAM President Ashu Sagar highlighted Dr. Maimbo’s potential to influence Africa’s industrial and economic landscape positively. “Dr. Maimbo possesses a deep understanding of financial ecosystems and economic resilience, which are essential for unlocking the full potential of Africa’s manufacturing sector. Under his leadership, we anticipate enhanced access to development financing, increased infrastructure investment, and the establishment of robust value chains that will empower industries and communities alike.”
ZAM believes that Dr. Maimbo’s leadership at the AfDB will bolster Africa’s industrialization efforts and economic inclusion, creating an environment where businesses can thrive. The association is calling upon African governments, private sector stakeholders, and development partners to support his candidacy.
