2024-02-10 14:23:18
The succession of Abbas Mahamat Tolli at the head of the Bank of Central African States (BEAC) is now confirmed. Meeting at an extraordinary summit this Friday, CEMAC chose Central African Yvon Sana Bangui to take over the reins of the common institution. Portrait.
A new chapter will open at the BEAC. At the end of an extraordinary summit of the Central African Economic and Monetary Community (CEMAC) organized at the beginning of the week, a new governor was officially appointed at the head of the common Central Bank.
This is the Central African Republic Yvon Sana Banguiaged 49, whose appointment ends several weeks of suspense since the turbulent departure of ex-governor Abbas Mahamat Tolli at the beginning of February.
A pure BEAC product
If Yvon Sana Bangui is not particularly known to the general public, he is far from being unknown in the banking center of Central Africa. An engineer by training before branching out into the economy, this native of Bangui completed almost his entire professional career within the BEAC.
Joining the institution in 2005, he gradually rose through the ranks, occupying in turn the positions of national director for the Central African Republic, then advisor to the governor, before becoming director of studies in 2021.
Objective: revitalize the BEAC and CEMAC
It is therefore this fine connoisseur of the house, experienced in the sometimes complex mysteries of regional monetary policy, who takes the reins of the common institution. An asset to meet the many challenges that present themselves.
Because the roadmap of the new strong man of the BEAC promises to be busy between economic tensions in member countries and the delicate implementation of the monetary reform decided in 2019. Enough to quickly test his expertise and his talents of “ technocrat“, which prevailed during his surprise appointment.
His baptism of fire at the head of this strategic institution will also be scrutinized as a life-size test of CEMAC’s ability to internally resolve the delicate succession at the head of the BEAC. While waiting for the response from the field…