Togo Takes Helm of Federation of Professional Associations of Banks
Togo has taken over the leadership of the Federal Council of the Federation of Professional Associations of Banks and Financial Institutions of the WAEMU (FAPBEF-UEMOA). Guy Martial Awona, Managing Director of Orabank-Togo, officially assumed the role on March 4, 2025, during a meeting in Lomé. Guy Martial Awona succeeds Senegalese Boccar Sy, whose term has ended. Over the next two years, Awona will focus on steering reforms in the West African Economic and Monetary Union (WAEMU) banking sector to address pressing economic challenges. As chairman, Awona is tasked with stabilizing the financial system, improving access to credit for small and medium-sized enterprises, and enhancing financial inclusion through digitization. His agenda also includes modernizing banking services to meet international standards and strengthening financial security systems. Collaboration with WAEMU member states will be key to achieving these goals. Commenting on the appointment, […]