Governance

Headed by its President, Serge EKUE, since August 28, 2020, the West African Development Bank works for the economic emergence and sustainable development of the region.

Chairman Serge Ekue

Serge EKUE takes office as President of the West African Development Bank (BOAD) on August 28, 2020.

Prior to joining BOAD, Serge EKUE had headed Natixis’ Corporate and Investment Banking (CIB) activities for the UK in London since 2016. He combined this responsibility with that of Market Solutions for Europe, the Middle East and Africa (EMEA). Serge Ekue was also head of the Africa and Russia Departments at Natixis.

A recognized expert in Financial and Capital Markets, Serge EKUE headed Natixis’ Markets Activities for the Asia-Pacific region for almost six years (2010-2016) before taking over as Chief Executive Officer of the Hong Kong-based bank. He has over twenty years’ experience in International Finance, Structured Finance and Capital Markets, having exercised these broad responsibilities worldwide.

He holds an Executive MBA from HEC Paris, a DESS in Banking and Finance from Paris V, and a diploma from the Institut d’Études Politiques in Bordeaux, and has extensive international experience.

Vice President, Financing and Investments

Abdoulaye DAFFE is Vice-President in charge of Financing and Investment at the West African Development Bank (BOAD).

International Consultant since 2016, following his tenure as Minister of Economy and Finance of the Republic of Mali, Mr. Abdoulaye Daffé has held several senior executive positions within the Banque de Développement du Mali (BDM SA). His roles included Deputy Managing Director, Managing Director, Chairman and CEO, as well as Chairman of the Board of Directors for BDM SA’s subsidiaries in Côte d’Ivoire, Burkina Faso, and France. He has also served as a board member for organizations such as GIM UEMOA, SGI Mali, BDU Bissau, and ESKOM Énergie Manantali.

Mr. Abdoulaye Daffé holds a Master’s degree in Finance from the Business School of the University of Alabama, a Postgraduate Diploma (DESS-ITB) from the Banking Profession Training Center in Paris, and a Master’s degree in Economics from the National School of Administration of Mali, where he graduated top of his class.

Vice President, Support and Control

Braima Luis SOARES CASSAMA is Vice-President in charge of Support and Control at the West African Development Bank (BOAD).

Previously Economic Advisor to the President of the Republic of Guinea Bissau, Mr. SOARES CASSAMA has held several positions in Guinea Bissau relating to finance and the economy, including that of Minister Delegate to the Treasury, in charge of Fiscal Affairs and Public Accounts. He also served as Deputy Director of Credit Institutions and Economic Financing, then Deputy Director of Banking Activities and Alternative Financing at BCEAO’s head office in Dakar, Senegal.

Mr. SOARES CASSAMA holds a MASTER 2 in Monetary and Financial Economics from the Institut Supérieur de l’Economie et Gestion (ISEG) in Portugal, a Master 1 in Economics from the University of Coimbra (Portugal), and is a graduate of the Centre Ouest Africain de Formation et d’Etudes Bancaires (COFEB) in DAKAR.

BOAD Board of Directors

Category A

REPUBLIC OF BENIN
BURKINA FASO
REPUBLIC OF CÔTE D’IVOIRE
REPUBLIC OF GUINEA-BISSAU
REPUBLIC OF MALI
REPUBLIC OF NIGER
REPUBLIC OF SENEGAL
REPUBLIC OF TOGO
Central Bank of West African States (BCEAO)

Category B

REPUBLIC OF FRANCE
KfW PP REPUBLIC OF GERMANY
KINGDOM OF BELGIUM
EUROPEAN INVESTMENT BANK (EIB)
AFRICAN DEVELOPMENT BANK (AfDB)
EXIM BANK INDIA PP REPUBLIC OF INDIA
PEOPLE’S BANK OF CHINA PP PEOPLE’S REPUBLIC OF CHINA
KINGDOM OF MOROCCO

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