First management changes at Oragroup
The management structure at the pan-African banking group is evolving in the wake of the acquisition of a majority stake by Côte d’Ivoire’s civil servants and state agents’ pension fund (Caisse Générale de Retraite des Agents de l’Etat – IPS-CGRAE), as revealed in an exclusive report by Jeune Afrique Business+ in September.
19/12/2019 at 15h13, by Baudelaire Mieu
The new shareholder has promoted senior executives at the bank’s Ivorian subsidiary. Senegalese Mamoudou Kane, CEO of Orabank Côte d’Ivoire, becomes Deputy CEO of the Lomé-based Oragroup holding company. Alongside Tidiane N’Diaye, another Deputy CEO, and also a Senegalese national, Kane now works closely to support Cameroon’s Ferdinand Kemoun NGon, who took over as CEO of the banking group in May. The latter is a former executive at ECP which retains a minority stake in Oragroup.