Of the 27 leaders of insurance companies to have approved and signed the proposed constitution of the oil pool in Senegal, he is the only one to hesitate, breathed in this market chatter insurers. Sacred Francis Baku.
The former Golden Boy of the Abidjan trading company now holds the baton of Senegal’s insurance marshal. With acquisitions and lucrative contracts, Baku is in the process of taking the leadership of the sector.
The acquisition of one of the largest companies in the CIMA zone, formerly AGS, today Amsa, revealed the strategist. The recent signing of large contracts with Senegalese public entities highlight the developer. Although the high turnover of its top management does not make it the best example of stability, Amsa remains the most dynamic company in Senegal over the last four months.
Those who know the CEO of CFOA HOLDING of AMSA ASSURANCES wonder how a cocoa trader with a short-term vision is he became an insurer supposed to untie his positions in the long term. In the meantime, Baku continues to make the suspense as to whether or not to join the oil pool. As a co-insurance instrument designed to pool major risks and increase local content, this pool is a national economic issue. As a good trader, Baku is probably waiting for the right moment to join.
