UNIDOâ€™s Industrial Development Board has approvedÂ Dr. Kandeh K. Yumkella of Sierra Leone to serve a second term in office as the Director-General of the Organization (UNIDO).
The Board comprises 53 countries out of the 173 Member States.
The approval was made during the thirty-sixth session of the Board which reviews the implementation of the Organizationâ€™s work programme and the budget and makes recommendations to the General Conference on policy matters, including the appointment of the Director-General.
Yumkella, who was appointed in June 2005 as the first Director-General from Sub-Saharan Africa, will be nominated for confirmation by the Organizationâ€™s General Conference at its thirteenth session scheduled to take place in Vienna in December.
Member States thanked Kandeh K. Yumkella for reinvigorating and refocusing the work of the Organization over the last four years adding that he needed a second term in office to fully implement his vision and leadership.
â€œUNIDO faced severe financial problems in the late 1990s and at a certain point its existence was in question, but now we are back on a fast track, doing what we do best: workingÂ hard across the globe to lift countries out of poverty through industrial development,â€ said Yumkella.
â€œThe latest financial crisis has shown that we canâ€™t just rely on markets alone. Many countries are now revisiting the industrial policy debate, reviewing the role of the State and looking at rebalancing their economies. UNIDO canâ€™t afford to be a backbencher. We have very relevant ideas we can provide to Member States. We must be a vital part of the intellectual debate and offer strategic advice on economic development and growth.â€
â€œFor a UN agency to add value it must move upstream. UNIDO is not just a technical cooperation agency. We must enhance our normative function and the powerful potential of our convening role,â€ said the Director-General.