N’Sele, a Senegalese national, had been acting in the role since November 2021. N’Sele, an accomplished professional with over 30 years of banking and finance experience, joined the African Development Bank in 1999 as Senior Treasury Officer. She successively held positions of Principal Treasury Officer, Chief Treasury Officer and Manager of the Capital Markets and Financial Operations Division, before she was appointed Treasurer of the African Development Bank Group in 2015.
She leads a diverse team of highly seasoned professionals, managing over $33 billion under the bank’s borrowing portfolio, overseeing the group’s investment of over $25 billion liquidity in multicurrency portfolios, and supervising its hedging activities, banking relationships and back-office operations.
N’Sele has led key strategic and technical financial initiatives geared towards optimizing the institution’s financial capacity. She established the blueprint for its long-term financial sustainability. As treasurer, N’Sele is providing strategic and technical leadership in discussions on the bank’s financial and risk bearing capacity, and the development of new financial products. She drove the design of the framework for the long-term financial sustainability of the bank group from 2018 to 2019.