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.
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▪ 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.
▪ https://www.africabusinessplus.com/en/801678/first-management-changes-at-oragroup/
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.
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