Donald Kaberuka

Donald P. Kaberuka (born 5 October 1951) is a Rwandan economist and was the president of the African Development Bank from September 2005 until September 2015. Early life and education Kaberuka was born in Byumba, Rwanda. He studied at the University of Dar es Salaam as an undergraduate and obtained his MPhil in Development Studies from the University of East Anglia in 1979. He received his PhD in economics from the University of Glasgow. Career Kaberuka worked in banking and international trade for over a decade. In October 1997 he was appointed minister of finance and economic planning in Rwanda. Kaberuka served in that position for eight years, and is credited with helping to stabilize the Rwandan economy from the effects of the 1994 genocide. African Development Bank, 2005–2015 In July 2005, Kaberuka was elected president of the African Development Bank. He took office in September 2005.