Accountability, responsibility, system control, respect of due
processes and anti-corruption procedures have made AfDB a
credible and well managed financial institution in Africa. These
are watch words in the efforts of the AfDB to ensure good
governance in its operations within the Bank and in its Regional
Member Countries. As the Bank fine-tuned its organizational
structure in April 2010, it separated the Bank’s investigative
capacity from its audit function, thus upgrading the Integrity
and Anti-Corruption Division established in November 2005, to
an independent department reporting directly to the President
and the Board of Directors. This has strengthened the integrity
function in the context of its fast-growing sovereign and nonsovereign
operations. Is has also as helped to promote stringent
adherence to the highest standards of corporate governance
and integrity.
Accountability, responsibility, system control, respect of due
processes and anti-corruption procedures have made AfDB a
credible and well managed financial institution in Africa. These
are watch words in the efforts of the AfDB to ensure good
governance in its operations within the Bank and in its Regional
Member Countries. As the Bank fine-tuned its organizational
structure in April 2010, it separated the Bank’s investigative
capacity from its audit function, thus upgrading the Integrity
and Anti-Corruption Division established in November 2005, to
an independent department reporting directly to the President
and the Board of Directors. This has strengthened the integrity
function in the context of its fast-growing sovereign and nonsovereign
operations. Is has also as helped to promote stringent
adherence to the highest standards of corporate governance
and integrity.
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