BICICI's new shareholders appoint their Ivorian directors
Each of the BICICI's new Ivorian shareholders has appointed two or three directors to represent it on the bank's newly constituted board.
As the 2021 United Nations climate change conference (COP26) opens in Glasgow, Lionel Zinsou and Donald Kaberuka's advisory bank Southbridge is putting the final touches to its new unit aimed at helping African businesses and states enter the carbon offsetting and pollution permit market.
The long-serving chairman of the Ivorian subsidiary of France's Société Générale bank, 81-year-old Tiémoko Yadé, told the bank last month that he wanted to stand down. Société Générale, which is Ivory Coast's leading bank, now needs to find a successor with good contacts with the authorities without being too close to them.
Campaigning for a third term in office, Alassane Ouattara has made great play of the country's economic growth and its respect for the conditions set by the IMF. The economic indicators he is using, however, are still being processed and could turn out less favourable than the Ivorian president imagines.