Cameroon’s investment
service providers (Appsi) have just set up an association to defend
their interests within the framework of any consultation on the
financial market.
An Executive Board was
elected for a 2-year term and includes the Chairman Serge Yanic Nana,
(CEO of Financia Capital), the vice-president, Chantal Bounkeu (special
advisor at the Commercial Bank of Cameroon), the secretary general Louis
Banga-Ntolo (MD of Sogebourse Afrique centrale) and the treasurer
Pierre Kammogne (treasury manager of Afriland First Bank). In addition,
Priscille Noëlle Kouo Ngamby (Investment Associate at EDC Investment
Corp) was appointed Appsi's financial auditor for a two-year term.
With about fifteen
members, Appsi brings together all investment service providers (ISPs)
accredited by the Cameroon Financial Markets Commission. Its mission is
to propose to the competent authorities any measure likely to improve
the functioning of the financial market, develop training activities for
market professionals, and develop ethical rules applicable to its
members.
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