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in Banking

African Development Bank Appoints Mouhamed Ba as Director, Corporate Programs in the Vice-Presidency, Technology and Corporate Services

Maynard Championby Maynard Champion
March 28, 2023
Reading Time: 3 mins read
African Development Bank Appoints Mouhamed Ba as Director, Corporate Programs in the Vice-Presidency, Technology and Corporate Services

African Development Bank Appoints Mouhamed Ba Director, Corporate Programs in the Vice-Presidency, Technology and Corporate Services

The African Development Bank Group (AfDB) has appointed Mouhamed Ba, as Director, Corporate Programs in the Vice Presidency for Technology and Corporate Services.

Ba, a Senegalese national, is a seasoned audit, risk and compliance professional with close to 25 years of international public and private sector experience. His career includes various leadership roles with a ‘Big Four’ audit firm, a major global custodian bank, and the African Development Bank.

In this new role he will support the Vice-President for Technology and Corporate Services in the oversight and coordination of strategic initiatives and in ensuring efficient and effective execution of the work program for the complex.

Ba joined the Bank in 2008 as Senior Internal Auditor, then progressed as Chief Internal Auditor and then Chief Corporate Business Officer in the Office of the Senior Vice President. Prior to his appointment as Manager of the Corporate / Finance / IT Audit Division in the Office of the Auditor General, he served as Acting Auditor General from June 2021 to May 2022.

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In the Audit Department, Ba led highly qualified professionals through audit and advisory assignments covering the entire spectrum of Bank activities. He also spearheaded the establishment of the department’s data analytics function, allowing the team to leverage technology and provide deeper insights to clients across the Bank.

As Acting Auditor General, Ba oversaw the development and execution of the annual internal audit work program. In addition, he was responsible for overall management of the Department, oversight of strategic initiatives and maintaining collaborative relationships with senior management, board members and external partners.

Ba-Led Initiatives

In the office of the Senior Vice-President, Ba managed the secretariat of the Senior Management Coordination Committee, coordinated internal audit activities and participated in bank wide strategic initiatives such as the implementation of the 2016 Development and Business Delivery Model. He also advised the Senior Vice President on fiduciary, integrity, risk, and finance related matters.

Before joining the Bank, Mr. Ba worked as Vice President, Head of Compliance, at State Street Bank in Paris, France, where he led the design and implementation of the bank’s compliance program covering French, European and US Regulations. He was the institution’s regulatory correspondent for banking supervision and anti- money laundering/counter-terrorism financing. He also temporarily headed the Luxembourg Compliance Team.

Commenting on his appointment Ba expressed his excitement over the appointment. He thus said, “I am grateful to African Development Bank President Adesina for this appointment and it is a great honor to be entrusted with these new responsibilities”.

“The Technology and Corporate Services Vice Presidency is a key enabler that drives the Bank’s digital transformation agenda and aims to deliver efficient and client-centric corporate services to the entire Bank ecosystem. I am excited and feel privileged to join the teams working to make this corporate mandate a reality.”

Mr. Ba

African Development Bank Head Dr. Akinwumi Adesina, also commenting on Ba’s appointment said he is pleased to appoint Mr. Mouhamed Ba to this position.

“Mouhamed is a well-rounded and respected professional with a deep understanding of the Bank’s operations and governance framework. His experience inside and outside the Bank, combined with a strong capacity to deliver and a solution- oriented mind-set will be an asset for this role”.

Dr. Akinwumi Adesina

READ ALSO: Expert Blames Regulatory Frameworks For Financial Institutions’ Over-Exposure To Gov’t Debt Securities

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Tags: African Development Bankdata analytics functionMouhamed BaState Street Bank
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