Meet Marie-Laure Akin-Olugbade the Newly Appointed Senior VP at AfDB

by Duchess Magazine
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Marie-Laure Akin-Olugbade, Senior Vice President at the African Development Bank (AfDB), has become a cornerstone of Africa’s financial landscape, guiding pivotal decisions that shape the continent’s economic future. With over 30 years of expertise in capital markets, treasury, and asset management, Akin-Olugbade has been instrumental in championing innovative strategies that boost economic development in some of Africa’s most challenging regions.

Her journey at the AfDB began in 1991 in the Treasury Department, where she honed her technical expertise in financial management. Over the years, she climbed the ranks, demonstrating an unmatched ability to mobilize resources and manage complex, cross-border operations. Before her current role, she served as Director General of the West Africa Regional Development Office, where she oversaw a $9 billion portfolio aimed at driving economic growth and integration across 15 countries.

Akin-Olugbade’s leadership is not only marked by financial expertise but also by her deep commitment to development in fragile states. Under her guidance, the AfDB initiated the financing of West Africa’s first four-tier interchange in Ghana, a project that significantly improved infrastructure and connectivity in the region. Her dedication to regional integration is further reflected in her leadership of innovative financial solutions that serve both sovereign and private sector clients.

In 2023, she was appointed as the AfDB’s Senior Vice President, a role that allows her to influence the bank’s overall strategy and work closely with stakeholders to enhance the institution’s impact. Akin-Olugbade’s appointment was a testament to her reputation as a visionary leader who understands the nuances of Africa’s diverse economic environments. She plays a critical role in implementing AfDB’s overarching goal of positioning itself as a “solutions bank,” addressing not only financial challenges but also broader developmental issues.

Her career at the AfDB highlights her ability to adapt to the evolving needs of the continent. From handling portfolios in volatile environments like the Sahel to mobilizing resources for middle-income countries, Akin-Olugbade consistently delivers results. Her strategic leadership has also led to the successful launch of high-impact programs, solidifying her status as one of Africa’s top financial minds.

What makes Akin-Olugbade’s leadership unique is her approach to collaboration. She has built strong partnerships with governments, private sector entities, and development organizations, ensuring that financial solutions are both sustainable and impactful. Her collaborative mindset has helped the AfDB implement transformative projects, such as the Sahel G5 Infrastructure Fund, which aims to enhance infrastructure and boost security in one of the continent’s most vulnerable regions.

As Africa faces a future of unprecedented challenges and opportunities, Marie-Laure Akin-Olugbade stands at the helm of an institution committed to fostering inclusive growth and sustainable development. Her story is not just one of individual success but of a broader mission to uplift Africa through strategic, innovative, and people-focused financial solutions.

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