The African Development Bank (AfDB) announced on 10th July 2016, the appointment of Cameroonian economist Celestin Monga, to the position of Vice President in charge of the economic governance and knowledge management in this Pan African financial institution. Mr Monga was until now, and this since end 2014, Deputy Managing Director of the United Nations Industrial Development Organisation (UNIDO).
But, it was at the World Bank, where he spent about twenty years, that this Cameroonian economist began his career with international financial institutions. Prior to that, Celestin Monga worked in the banking sector in Cameroon, and was revealed to the general public through an open letter addressed to the public authorities, which resulted in some legal difficulties in 1990.
Exiled in the USA, Celestin Monga, who had previously studied in France, further expanded his curriculum at the Massachusetts Institute of Technology and Harvard. Having authored several books and editor of economy section in the New Encyclopaedia of Africa (2007), Celestin Monga lectured at Boston University, USA and University of Bordeaux, in France.