Cameroonian woman is new president of COSUMAF

BY NDUMBE BELL JOSEPH GASTON IN DOUALA

The Central African Financial Market Supervisory Commission (COSUMAF) has announced a change of baton at the top of the pyramid.

Jacqueline Nkembe epse Adiaha is the first Cameroonian woman ever to be the president of COSUMAF, the supervisory and central authority for the financial market of the economic and monetary community of Central Africa (CEMAC) which brings together six countries namely Gabon Central African Republic (CAR), Chad, Congo, Equatorial Guinea and Cameroon.

Jacqueline Nkembe epse Adiaha

A banker aged 56, she is said to be the successor of Chadian Ambassador NagoumYamassoum and through God’s grace, is the first woman to ascend to this level since the inception of COSUMAF in 2001.

It is usually a five-year mandate given for anyone to preside over the future of this prestigious regulatory organ as rightly decided by the conference of heads of State in CEMAC. This brings to an end speculations as to who was to be there and also the result of her 30-year experience in banking and financial issues.

Her rich profile in having been in charge of the directorate of large companies and institutions at Societe Generale Cameroun (SG Cameroun) and later joined the Douala Stock Exchange (DSX) in 2006 in her capacity as the Director of Market Players and Information Systems. After the merger of the two stock exchanges in Douala and Libreville to form BVMAC in 2019, she joined in the capacity of Chief of Staff which she has been holding until her recent appointment.

Her academic pursuits range from being a graduate of the University of Paris Pantheon-Sorbonne and is reported to bag a Diploma of Advanced Studies in currency banking and finance and also a masters in international economics.

Leave a Reply

Your email address will not be published. Required fields are marked *