The Board of Directors of the African Guarantee Fund Appoints its Chairman
Nairobi, July 19, 2013 – During the Ordinary General Meeting of shareholders which was held on June 25, 2013 in Nairobi, the Board of Directors of the African Guarantee Fund elected its Chairman, Mr. Abdoulaye BIO TCHANE, with effect from 1st July 2013, for a two (2) year term.
A Beninese national by birth, and 61 years old, Mr. Abdoulaye BIO TCHANE is an economist and a banker by profession.
After a successful career in the Central Bank of West African States (BCEAO), as the Deputy Governor (1992-1998), Mr. Bio TCHANE was appointed as the Minister for Finance of the Republic of Benin in May 1998.
In January 2002, he was appointed by the Board of Directors of the International Monetary Fund to head the Africa Department of the Institution, a position he occupied until December 2007.
In January 2008, Mr. Bio TCHANE was appointed the Chairman of the West African Development Bank (BOAD) by members of the Economic Community of West African States.
The African Guarantee Fund is therefore pleased to announce the appointment of Mr. Bio Tchane.