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AFRICAN DEVELOPMENT BANK APPOINTS DR BABATUNDE SAMSON OMOTOSHO AS DIRECTOR OF
STATISTICS DEPARTMENT

The African Development Bank (www.AfDB.org) has appointed Dr Babatunde Samson
Omotosho, an economist and statistician, as Director of the Statistics
Department, effective June 16, 2024. Dr Omotosho, a Nigerian national, has more
than 21 years experience in developing data strategies to align with the
strategic objectives of organisations. He also brings expertise in data
compilation, data […]

July 5th, 2024

By

apofeed

The African Development Bank (www.AfDB.org) has appointed Dr Babatunde Samson
Omotosho, an economist and statistician, as Director of the Statistics
Department, effective June 16, 2024.

Dr Omotosho, a Nigerian national, has more than 21 years experience in
developing data strategies to align with the strategic objectives of
organisations. He also brings expertise in data compilation, data analytics,
macroeconomic research, and policy analysis.

Omotosho previously served as Director of Research and Statistics at the West
African Monetary Agency (WAMA) in Sierra Leone, where he was seconded from the
Central Bank of Nigeria. At WAMA, he provided advice on monetary and economic
integration within the Economic Community of West African States (ECOWAS).

Prior to that he held various positions within the Statistics and Research
Departments of the Central Bank of Nigeria.

As an Assistant Director in the Statistics Department, he led the data analytics
team and managed the Central Bank’s strategic initiatives on big data and data
analytics. He oversaw projects aimed at enhancing data analytics capabilities
for policymaking, automating surveys and statistical systems, improving data
sharing infrastructure and developing social media listening tools. His
leadership fostered a culture of data analytics within the Central Bank, driving
innovation and efficiency in operational and policy processes.

Dr Omotosho holds a PhD in Economics from the University of Glasgow, United
Kingdom (2021); a master’s degree in Applied Statistics and Datamining from the
University of St Andrews, United Kingdom (2011); a master’s degree in Economics
from the University of Benin, Nigeria (2008); and a Bachelor’s degree in
Economics from the University of Ilorin, Nigeria (2000).




He has contributed extensively to academic literature, with publications in
reputable journals, including the Journal of Economic Dynamics & Control,
Journal of International Money & Finance, Macroeconomic & Finance in Emerging
Market Economies, and the Central Bank of Nigeria Journal of Applied Statistics.
His research covers big data, econometrics, monetary and fiscal policy
interactions, business cycle drivers, and the macroeconomic implications of
resource shocks for small open, emerging economies.

Omotosho is a member of the Nigerian Statistical Association, the International
Association for Official Statistics, and the Royal Statistical Society.

Commenting on his appointment, he said, “I am grateful to President Adesina for
this appointment, and I am excited about the opportunity to contribute to the
continued success and growth of the African Development Bank Group, an
institution that plays such a pivotal role in the economic and social
development of our beloved continent, Africa. I am fully committed to fulfilling
the responsibilities of the position while collaborating effectively with the
Bank’s senior leadership team, colleagues, and other strategic partners.”

Dr Akinwumi A. Adesina, President of the African Development Bank Group,
commented: “I am pleased to appoint Dr Babatunde Samson Omotosho, a respected
statistician, as Director of the Statistics Department. Dr Omotosho brings to
this role an impressive track record in statistics, economics, and data
analytics. He will support the Bank in building a robust data ecosystem to
achieve our strategic objectives and sustain our long-term development goals.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).



Contact:
Kwasi Kpodo
Communication and External Relations Department 
media@afdb.org

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