Powering up at the AfDB

The African Development Bank is taking giant leaps with its risk management system. By John Ferry

Last month, the African Development Bank (AfDB), the Abidjan, Côte d’Ivoire-based organisation that aims to promote economic and social progress in Africa, went fully live with a new trading and risk management system after three years of work. Patrick Kei-Boguinard, manager of the bank’s special operation division – which houses treasury and risk management – says the aim is to provide a reliable trading system for complex products such as power reverse dual currency swaps, and