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Long-serving EADB boss exits after 17 years

East African Development Bank Director General Vivienne Yeda. [File, Standard]

The East African Development Bank (EADB) board has announced the retirement of Ms Vivienne Yeda as Director General - effective December 31, 2024, upon completion of her tenure.

During her term as the Director General, the bank recorded tremendous growth, with total assets rising from $244 million (Sh31.48 billion) in 2008 to $497 million (Sh64.11 billion) this year, while profitability grew to $13 million (Sh1.68 billion) this year from a loss of $9 million (Sh1.16 billion) in 2008.

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