Governance

Headquartered in Dakar, Senegal, UMOA-Titres operates as a streamlined, agile institution staffed by elite professionals specializing in financial engineering, macroeconomics, quantitative analytics, econometrics, capital markets law, and strategic communications.

Its organization is based on the following two complementary bodies:

As a collegial governing body, the Steering Committee is chaired by the Governor of the Central Bank of West African States (BCEAO). It is composed of the President of the West African Development Bank and the Directors General of the Treasuries of the Union’s member states.

It is responsible for the operational management of the institution and the implementation of its strategic priorities. It oversees the day-to-day operations of UMOA-Titres and contributes to the coordination, promotion, and development of the Union’s Government Securities Market.

President's Statement

M. Jean-Claude Kassi BROU

Chairman of the Advisory Council of UMOA-Titres

Governor of the Central Bank of West African States (BCEAO)

In 1999, the political authorities of the West African Monetary Union (WAMU) enacted a landmark structural shift by phasing out direct central bank statutory advances to Member States, prioritizing instead the development of the Regional Financial Market.

By this decision, the Union’s leadership elevated the regional market into a cornerstone financing mechanism for economic development, designed to catalyze sustainable growth and systematically reduce poverty.

The Executive Committee

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