The African Union appointed development finance expert Dr. Donald Kaberuka high representative of the African Union Peace Fund.
AU Commission Chair Nkosazana Dlamini-Zuma made the appointment Wednesday in Addis Ababa, Ethiopia. The appointment was ordered Sept. 26, during a meeting of the Peace and Security Council in New York.
Kaberuka, a Rwandan economist and outgoing president and chairman of the board for the African Development Bank Group, brings a deep background and broad network to his new role. He is also a board member for the World Economic Forum, the Mandela Institute and the Mo Ibrahim Foundation.
Kaberuka will be charged with locating and developing flexible and long-term financial resources to support the African Union's security and peace-keeping initiatives.
The African Union is a 54-member organization of African states based in Addis Ababa that works to support "an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena.”