After 25 years with the African Development Bank and the Trade and Development Bank, including on innovations that optimize balance sheets and leverage scare resources, I am looking forward to continuing similarly to support progress in the least developed countries with the UNCDF.”
Tim Turner is currently working for the Trade and Development Bank of Eastern and Southern Africa (TDB) as senior advisor to the President with a focus on financial innovation.
Tim recently retired as the chief risk officer (CRO) for the African Development Bank Group (AfDB). Under his leadership, the AfDB undertook a number of innovative credit risk transfer transactions, such as the first synthetic securitization of a development loan portfolio, to generate additional lending headroom for the Bank and to create new pathways for institutional investment in Africa. Before his appointment as CRO in 2013, Tim was the director of the AfDB’s private sector banking team.
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