IMF and World Bank governors take up posts

The governors of the IMF and World Bank for countries in the Africa II Group have taken up their positions.

In the presence of the President of the CEMAC (Economic and Monetary Community of Central Africa) Commission, Daniel Ona Ondo, observer member from the Africa II Group, the work began with the presentation of reports on activities by the outgoing directors, Daouda Sembene, from the IMF, and Seydou Bouda, from the World Bank.

The culmination of the meeting, which was held on 12th October, as one of the annual meetings between the two institutions, was the taking up of positions by the new directors of the IMF and World Bank for the 23 countries in the group. These are Mohamed-Lemine Raghani, from Mauritania, for the IMF, and Jean-Claude Tchatchouang, from Cameroon, for the World Bank.

The other point on the agenda was the appointment of Alternative Directors. Accordingly, Alphonse Kouakou, was named Deputy Director of the WB, proposed by Benin, and Facinet Sylla for the IMF, proposed by Guinea.

The next meeting of the Africa II Group will be in April 2019 in Washington, United States.

Source: Equatorial Guinea Press and Information Office

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