Africa Leaders Magazine

Dr GUY LAURENT FONDJO – Newly Elected President of the West African Bankers Association

Dr GUY LAURENT FONDJO - Newly Elected President of the West African Bankers Association - African Leaders Magazine

Cameroonian banker Guy Laurent Fondjo, managing director of Afriland First Bank Guinea, was elected president of the Association of West African Banks (ABAO) after an extraordinary general meeting held by videoconference on January 30.

Dr GUY LAURENT FONDJO - Newly Elected President of the West African Bankers Association - African Leaders Magazine

The organization, which brings together 245 banks from the Economic Community of West African States (ECOWAS), will now be led by a profile with twenty years of experience.

With his experience in the African financial sector, it is clear that during his term of office he will be able to hoist the torch of the ABAO even higher and above all to inspire future leaders who will be able to pursue the vision of this pan-African institution.

The new president of the West African Banking Association is well acquainted with the terrain since he was the vice-president of WABA between July 2021 and January 2023. After having studied in the Cameroonian subsidiary of the pan-African banking group Afriland First Bank,

Guy Laurent Fondjo was appointed administrator Managing Director of the Guinean subsidiary in 2015. He set up a network of more than 100 rural development microbanks of the MC2/MUFFA model throughout Guinea.

Dr GUY LAURENT FONDJO - Newly Elected President of the West African Bankers Association - African Leaders Magazine

This activity inspired him to conduct field research which led in 2020 to the public defense of a DBA thesis (Doctorate in Business Administration) from the Institute of Business Administration of the University of Lyon III and the Business Science Institute. of Luxemburg.

In October 2022, Dr. Fondjo was appointed Chairman of the Board of Directors of Afriland First Holding, the first investment company of Afriland First Group on the continent, based in Lomé.

Dr GUY LAURENT FONDJO - Newly Elected President of the West African Bankers Association - African Leaders Magazine

WABA is expected to play a key role in the ECOWAS Single Currency Program, and contribute to the implementation of the Community Payment and Settlement System (Epss) as well as the Pan-African Payment and Settlement System (Papss)

Source: sikafinance.com /financialafrik.com

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