Dr. Donald Kaberuka, Ph.D. serves as the Senior Advisor at TPG Capital, L.P. He also serves as the Chairman and Non-Executive Director of Centum Investment Company Limited since October 11, 2016. Dr. Kaberuka is currently the African Union High Representative for the Peace Fund, Hauser Leader in Residence Harvard Kennedy School, Board member of World Economic Forum Board of Trustees, Mandela Institute, Mo Ibrahim Foundation, Rockefeller Foundation among others.
He served as the President and Chairman of African Development Bank from September 2005 till 2015 and also served as its Chairman of the Board. He was the Minister for Finance in Rwanda as well as the Governor for Rwanda for the IMF and World Bank from 1997 to 2005 and the Chief Economist for Inter-Africa Coffee Organization. He has a PhD in Economics from University of Glasgow, Scotland.
During his tenure as President of the African Development Bank, Dr. Kaberuka significantly bolstered the franchise value of the Bank. Under his leadership the Bank tripled its capital from USD 30 billion to USD 100 billion and doubled the portfolio to USD 12 billion per annum. Dr Kaberuka’s leadership was characterised by a “big push” on infrastructure which accounted for 60% of Bank activities, with total commitments of over USD 25 billion, in transport, energy, water, urban development and IT.
Under his leadership the Bank led from the front on private sector and business development, with a focus on improving the investment climate and extending tailored support to business through a wide range of instruments. In ten years the Bank support to the private sector grew from USD 500 million to USD 2.8 billion per annum. He championed an inclusive growth agenda; promoting a strong link between security, development and environment, establishing a ring-fenced facility for conflict-affected countries.
The African Development Bank played a major countercyclical role during the global financial crisis where the Bank, for the first time, became the largest lender to Africa providing up to USD 12 billion in liquidity, balance of payments, budget and other forms of support to help African countries weather the crisis. Dr. Kaberuka also put in place an Africa Natural Resource Center and the African Legal Support Facility to enable African countries to more effectively manage natural resource wealth.
He is well placed to discuss the development of commerce in the continent.