On 31 March, Abbas Mahamat Tolli, Governor of the Banks of Central African States (Beac), was officially installed in Yaounde, Cameroon, the headquarters of the financial institution.
The former president of the Development Bank of the Central African States (Bdeac), of Chadian origin, thus formally begins a five-year mandate conferred on him by the Conference of Heads of State of Cemac, Meeting in its 13th Ordinary Session, on 17 February 2017 in Djibloho, Equatorial Guinea. Abbas Mahamat Tolli heads a government made up of Cameroonian Dieudonne Evou Mekou (Vice-governor), Gabrielle Désiré Guedon (secretary-general), Congolese Cédric Ondaye Ebauh (general manager of operations) and Central African Republic Marius Roosevelt Feimonanzoui (General supervisory authority).
A few days earlier, the general meeting of Bdeac shareholders met in extraordinary session on 18 March 2017 at the Bank’s headquarters in Brazzaville (Republic of Congo), under the presidency of Miguel Engonga Obiang Eyang, Minister of Finance And the budget of the Republic of Equatorial Guinea. The agenda focused on the appointment and taking office of Fortunato Ofa Mbo Nchama (photo), as president of the Bdeac. During this extraordinary session, the General Assembly unanimously approved the appointment of Equatorial Guinean to the post of President of the Bank for a period of five years.