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UEMOA: Tiémoko Meyliet Koné leaves the BCEAO for the vice-presidency of Côte d'Ivoire

20/04/2022
Categories: Economy/Forex

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The Governor of the Central Bank of West African States (BCEAO), Tiémoko Meyliet Koné has been appointed Vice President of Côte d'Ivoire. The announcement was made by President Ouattara in his speech at the Congress of the History of Côte d'Ivoire, held in Yamoussoukro.

 

Architect of major financial market reforms of the West African Economic and Monetary Union (WAEMU) Tiémoko Meyliet Koné is an orthodox, supporter of the independence of the central bank vis-à-vis the public policies of States. The fine maneuver of the major economic crises of recent years has seduced President Ouattara who has decided to count on his competence in the management of the State of Côte d'Ivoire. The BCEAO thus separates from one of its greatest governors in favor of Côte d'Ivoire. By leaving the BCEAO, the governor leaves a well-managed house and a banking market that has not experienced a major bankruptcy since the 90s although in a phase of redistribution of cards between French banks and African banks.

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