PRESS RELEASE - Kabul - July 13 2014

Press Release

Kabul, July 13, 2014


Phone: 0202504835

The High Council of the Agricultural Development Fund (ADF), chaired by H.E. Mohammad Asif Rahimi, Minister of Agriculture, Irrigation and Livestock, swore in Mr. Joel O. Carter as the new ADF Chief Executive Officer during the 7th meeting of ADF High Council on June 25, 2014.

Mr. Carter is a financial services professional with extensive experience in banking, credit, investments, insurance and marketing in three continents. For over 25 years, Mr. Carter has provided retail, corporate and agricultural banking products and services to clients and has knowledge of banking operations in conflict and post-conflict environments. Most recently, he served as an Advisor and Team Leader to the ADF playing an integral and strategic role in the establishment of the organization.

Mr. Carter holds a Masters of Business Administration (MBA) in Finance from Letourneau University in Houston, Texas.

The ADF is a government owned financial institution established under the auspices of the Ministry of Agriculture, Irrigation and Livestock, through a grant from the United States Agency for International Development (USAID). The ADF is one of the most successful collaborations between the US and the Afghan governments; since its inception it has processed loans worth more than US$93 million, reaching 24,000 farm households in 33 of Afghanistan’s 34 provinces.

For more information, please visit 0202504835, or address your inquiries to


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