The first Board of Directors of the BHCI, meeting October 30, elected James Clayton and renewed Abou Touré respectively as chairman of the board of directors (PCA) and general manager.
James Clayton, PCA of the Canadian Westbridge Mortgage Reit, who took over the public bank in January 2018, is a Canadian banker with over 40 years of experience. He has been the founder and director of two financial credit institutions (Resmor Trust and Moncana Bank) successfully sold to large groups.
Director General of the BHCI since January 2016, Abou Touré, a former UMOA-Title agency, had successfully privatization process of the BHCI and was renewed for the first time by the purchaser. “Mr. Touré managed to stabilize a bank that had been struggling for years in two years, while maintaining social peace in the ranks of employees. It is an honor for us that Mr. Touré has agreed to postpone his retirement to serve, “said James Clayton.
In recent months, Westbridge has begun rebranding the bank with a new identity and “redesign of its internal credit processes” for its repositioning in the market.
Note that during its general meeting, it was agreed to a recapitalization plan for the institution to increase its capital, comply with banking regulations and “finance its regional expansion from 2019 to 2021”.
