Côte d’Ivoire: How Youssouf Fadiga managed to turn around the BNI

In less than two years at the helm of Banque Nationale d’Investissement (BNI), its managing director has succeeded in restoring growth and return on investment at Côte d’Ivoire’s main state-owned banking institution, which had been weakened by several consecutive periods of underperformance.

18/05/2020 at 18h23, by Africa Business+

At the end of 2019, the bank was given a boost when Caisse nationale de prévoyance sociale (CNPS), the private sector’s retirement pension fund, entered BNI’s capital via a 19.16% stake, injecting 20 billion CFA francs into the financial institution.

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