The new boss of the Bank of Central African States (BEAC) is supposed to be appointed this February 9 in Bangui during a conference of heads of state of the Economic and Monetary Community of Central African States ( Cemac). A designation in the midst of a crisis at the BEAC where internal quarrels have leaked. Explanations.
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The Central African presidency announces a conference of heads of state of the Economic and Monetary Community of Central African States (Cemac) this February 9 in Bangui. A meeting during which they must normally designate the successor of the president of the Bank of Central African States (BEAC), Abbas Mahamat Tolli, whose mandate expired on February 6, 2024, which pushed the leaders of the BEAC to tear each other apart in public, with letters exchanged around the end of the governor’s mandate which immediately leaked to the media.
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First to draw, the director general of General Control three days ago, when the latter announced on his own initiative the vacancy of the post of governor of the BEAC from the next day, February 7, before ordering the vice-president governor to assume his interim role.
Outraged reactions from Vice-Governor Michel Dzombala and Governor Abbas Mahamat Tolli. In the process, they castigated the decision of the general director, accused of having exceeded his powers.
“ Not the first time that Bank scandals have made the headlines »
Governance problems, dysfunctions at all levels or even lack of accountability: all this against a backdrop of incessant conflicts between the Bank’s leaders. “ This is not the first time that BEAC scandals have made headlines in the Yaoundé newspapers. “, where this bank has its headquarters, regrets a Bank executive, who speaks ” of incessant conflicts of interest and egos for years “.
A quarrel which in any case seems revealing of the climate which reigns within the organization, according to observers. In this specific case, a probable settling of individual scores, regrets an executive from the region: the quarrel over the retirement of the CEO was well known.
Several sources, however, point to the responsibility of Cemac heads of state in this crisis. They would have let the process drag on, according to them. Abbas Mahamat Tolli was appointed six months before the end of his successor’s mandate, recalls a former executive.
Regardless, the conference of heads of state is expected to decide who will be the next boss of the BEAC this Friday. According to the statutes, the president of the Central African Republic (CAR), Faustin-Archange Touadéra, had to propose three personalities. Because, according to the principle of rotating presidency, the position actually goes to the CAR. Several names have circulated in recent weeks, including that of Yvon Sana Bangui who would be favored by the Central African presidency.