Biotech Updates

IFAD Appoints Nigerian Scientist as New President

February 27, 2009

The International Fund for Agriculture Development's (IFAD) Governing Council has appointed Kanayo F. Nwanze as the new president of IFAD. IFAD is a United Nations agency and an international financial institution whose mandate is to help rural poor people pull themselves out of poverty. Nwanze, an agricultural scientist from Nigeria, replaces Lennart Båge, a German, who has been the head of the UN agency for the past eight years.

Nwanze has served as the agency's vice president and as the Director General of the African Rice Centre (WARDA) for ten years. He will be the agency's fifth president since its founding in 1977. Nwanze said that he wants to "consolidate and deepen the change and reform process over the next years of his presidency".

For more information, read http://www.ifad.org/media/press/2009/8.htm