Tuesday, November 28, 2023
89.5 F
Lagos
More

    Ivory Coast’s Ahmed Cissé Elected Chair of Struggling BICICI, Vows to Restore Bank’s Reputation

    Must read

    Ivory Coast Staff Writer
    Ivory Coast Staff Writerhttps://www.africanboulevard.com
    The African Boulevard Africain Editorial Team brings you Ivory Coast news and breaking news headlines in Politics, Economy, Business, Investment and Entertainment. We are unbiased, moved only by the quest for truth.
    Read Time:2 Minute, 4 Second

    Yamoussoukro, Ivory Coast – (African Boulevard News) – The Ivorian employers’ chief Ahmed Cissé has been elected to the chair of the former BNP Paribas subsidiary, Banque Internationale pour le Commerce et l’Industrie de Côte d’Ivoire (BICICI). The public companies that have been running BICICI since late last year elected Cissé as the new chairperson on May 8th, according to breaking news published on the same day at 12:10.

    Cissé, who was the executive chairman of the employers’ confederation since 2019, has taken over his new role with immediate effect. He succeeds Jean-Louis Menann-Kouamé, who stepped down as the chairperson of the bank in December 2022. BICICI was taken over by the Ivorian government in late 2022, following the expiration of BNP Paribas’ stake in the bank.

    Cissé’s election is expected to bring about positive changes at BICICI, which has been struggling with liquidity issues and declining profits. In a statement released shortly after his appointment, Cissé vowed to work tirelessly to restore the bank’s reputation and make it more competitive in the Ivorian market.

    “I am honored to have been given the opportunity to lead BICICI at this critical time in its history. I am aware of the challenges ahead of us, but I am confident that with the support of my team, we can turn things around and make BICICI a strong and reliable bank once again,” said Cissé.

    Cissé’s appointment has been well-received by the Ivorian business community, with many stakeholders expressing confidence in his ability to lead BICICI to greater heights. According to industry insiders, Cissé’s vast experience in the private sector and his knowledge of the Ivorian market make him the ideal candidate for the job.

    “Ahmed Cissé is a seasoned business leader with an impressive track record of success. His appointment as the chairperson of BICICI is a positive development that will bring fresh impetus to the bank. We look forward to working with him to create a vibrant and dynamic financial sector in Ivory Coast,” said a spokesperson for the Ivorian Employers’ Confederation.

    In conclusion, the appointment of Ahmed Cissé as the new chairperson of BICICI is a significant development that is expected to have far-reaching implications for the Ivorian banking sector. With his vast experience and expertise, Cissé is well-placed to steer the bank towards a brighter future. The business community and stakeholders in the Ivorian economy are looking forward to seeing the positive impact of Cissé’s leadership on BICICI soon.

    About Post Author

    Ivory Coast Staff Writer

    The African Boulevard Africain Editorial Team brings you Ivory Coast news and breaking news headlines in Politics, Economy, Business, Investment and Entertainment. We are unbiased, moved only by the quest for truth.
    editor

    More from this Editor

    More articles

    Leave a Reply

    Latest article