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Appointment of experienced economist, Mr. Birahim DIOUF, as Managing Director of the Central Depositary/Settlement Bank (DC/BR), an important entity in the financial ecosystem of the West African Monetary Union (WAEMU)

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  At the end of the Board of Directors meeting held on Tuesday June 7 2022 at the institution s headquarters Mr Birahim DIOUF was appointed as General Manager of the Central Deposit Settlement Bank www BRVM org The appointment effective from July 1 2022 marks an important step in the process of empowering the WAEMU Regional Financial Market structures The DC BR is the structure of the UEMOA Regional Financial Market in charge of centralization custody of securities successful completion of clearing operations in the financial market off market operations and securities transactions Mr Birahim DIOUF has nearly thirty years of experience in the financial sector particularly in capital markets and investment banking Prior to his appointment as Director General of the DC BR Mr Birahim Diouf was Deputy Director General of the DC BR since January 2021 after having held the positions of Director of the Department of Studies Strategy and Market Development of the BRVM and the DC BR Director of Operations of the DC BR He began his career at Citigroup and first joined the Regional Financial Defender in February 1998 until 2003 as Director of DC BR Operations He then joined BMCE Capital worked for the Economic Commission for Africa as a Senior Consultant for capital markets and then the South African based investment bank African Alliance Investment Bank Mr Birahim DIOUF has an MBA from the Sorbonne Graduate School of Business an Executive MBA from INSEEC Business School a master s degree in economics from Paris I Panth on Sorbonne a postgraduate degree in Islamic Finance from the Institute of Islamic Banking and Insurance IIBI in London and Ma trise in Applied Economics from Paris IX Dauphine He holds various certifications in leadership sustainable development and green finance
Appointment of experienced economist, Mr. Birahim DIOUF, as Managing Director of the Central Depositary/Settlement Bank (DC/BR), an important entity in the financial ecosystem of the West African Monetary Union (WAEMU)

1 At the end of the Board of Directors meeting held on Tuesday, June 7, 2022 at the institution’s headquarters, Mr. Birahim DIOUF was appointed as General Manager of the Central Deposit/Settlement Bank (www.BRVM.org).

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2 The appointment, effective from July 1, 2022, marks an important step in the process of empowering the WAEMU Regional Financial Market structures.

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3 The DC/BR is the structure of the UEMOA Regional Financial Market in charge of centralization, custody of securities, successful completion of clearing operations in the financial market, off-market operations and securities transactions.

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4 Mr. Birahim DIOUF has nearly thirty years of experience in the financial sector, particularly in capital markets and investment banking.

5 Prior to his appointment as Director General of the DC/BR, Mr. Birahim Diouf was Deputy Director General of the DC/BR since January 2021, after having held the positions of Director of the Department of Studies, Strategy and Market Development of the BRVM and the DC/BR, Director of Operations of the DC/BR.

6 He began his career at Citigroup and first joined the Regional Financial Defender in February 1998 until 2003 as Director of DC/BR Operations.

7 He then joined BMCE Capital, worked for the Economic Commission for Africa as a Senior Consultant for capital markets and then the South African-based investment bank African Alliance Investment Bank. Mr. Birahim DIOUF has an MBA from the Sorbonne Graduate School of Business, an Executive MBA from INSEEC Business School, a master’s degree in economics from Paris-I Panthéon-Sorbonne, a postgraduate degree in Islamic Finance from the Institute of Islamic Banking and Insurance (IIBI ) in London and Maîtrise in Applied Economics from Paris IX Dauphine.

8 He holds various certifications in leadership, sustainable development, and green finance.

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