It was at the end of the CCA Bank’s board of directors held on April 28 that the news came. André Alexis Megudjou is the new managing director of the banking establishment; he replaces Charlotte Chekep Kouecheu, who has reached the end of his term, in this position. Before this appointment, the man held the post of Deputy Director General of the African Community Credit.
A graduate of the École des Hautes Etudes Commerciales (HEC) in Paris, the man who now takes the reins of the bank also holds a master’s degree in banking and finance from the Catholic University of Central Africa.
The Senior banking expert will have the daunting task of carrying out the activities of the CCA in its new status. After 20 years spent under the colors of a micro finance, the Credit Communautaire d’Afrique CCA obtained, on May 30, 2018, an authorization making it a universal bank.
In 12 months of activity in the banking sector, CCA-Bank maintained an impressive excess liquidity, with a cash / deposit ratio of 51%. As of May 31, 2019, the young bank has financed the economy with CFA 95,428,278,095. A course that André Alexi Megudjou will have to maintain.
The new managing director will also have the heavy task of raising the level of performance of the banking establishment both commercially and financially through its 42 branches spread across the national triangle.