“Companies need long-term, profitable projects. We are doing everything we can to help them achieve their objectives while protecting the interests of our people by ensuring our resources are playing a full part in improving their living conditions.”

President Alpha Conde, Davos 2013

Our mission is to become the leading development and investment bank in the Republic of Guinea and surrounding West African region.

By focusing on the sectors of power and energy, infrastructure, transport, mining and agriculture, we will support the commercial aims of our clients and fulfil the needs of the market.

To help achieve this, we will demonstrate the highest standards of integrity, probity and regulatory compliance.

From our headquarters in Conakry, Guinea’s capital city, we are at the heart of the country’s economy and can access the full range of institutional investment and corporate finance expertise.

About Guinea

The West African nation of Guinea spans an area of 153,000 miles and shares borders with Guinea-Bissau, Senegal and Mali in the north and with Sierra Leone, Liberia, and Côte d’Ivoire in the south. Guinea has a population of 12.6 million, according to World Bank estimates in 2015.

Banque Centrale de la Republique de Guinee

Agence de Promotion des Investissements Prives

African Economic Outlook

Worldbank

African Development Bank Group

Wikipedia – economic information

Benefits for Guinea

The Government of Guinea is preparing a new five-year development plan, for the period 2016-2020. The plan will be the unique development document for engagement with the government.

According to the World Bank, our country is slowly emerging from low commodity prices that adversely affected its economy in 2014 and 2015. Gross domestic product (GDP) growth was projected at 5.2 per cent for 2016 due to an expected increase in bauxite and gold production and a resilient agricultural sector.

The International Monetary Fund’s (IMF) eighth review under the framework of the Extended Credit Facility (ECF) was successfully concluded last year, a first in the country’s history, emphasizing Guinea’s return to sound economic management.

A combination of continuing macroeconomic fiscal reforms and targeted international aid flows are considered to be important for good progress to be made in 2017.

Sustainable and inclusive growth will help to drive Guinea forward by backing the mission to eradicate poverty and strengthen ties between the nation and its industrial sector. Creating commercial opportunities leads to more jobs and stronger ties between business owners and their communities.

Our country has both the economic capacity and pioneering spirit to move further ahead. We believe the bank can play a critical role.

Management team

Andrew Chak

Chairman

A 30-year veteran of the financial services industry, Andrew has also worked in the private equity sector in the UK, specialising in the aerospace and engineering industries. He also worked for the British government at the Home Office and was an adviser to Her Majesty‘s Treasury. Andrew has a Master’s degree in business administration with distinction. He is married with two sons.

Our mission

David Ng

Managing Director

Appointed as Managing Director (Director General) of the bank in February 2017, David has worked in various foreign and domestic banks and financial institutions in Hong Kong, including JP Morgan Chase and Bank of East Asia in the last 30 years.

With considerable experience in corporate finance, risk management, leasing businesses and other aspects of banking, he is a Bachelor of Science from the University of Hong Kong and has a Masters in Business Administration from the Chinese University of Hong Kong.

Camara Fatoumata Toure

Deputy Managing Director

Recruited as Deputy Managing Director in 2016, Camara has more than a decade of private client and business banking experience with both PNC Bank and Citibank in Washington DC, where she won awards as director of business banking.

She has also worked as managing director of a US company specialising in promoting cooperation and partnerships between African, US and European enterprises for two years before returning to Guinea in 2013, joining the Ministry of Tourism as Chief of Staff. She is a leader in network management and implementation and has strong working relationships with government institutions.

Camara has a degree from l‘Ecole de Commerce d’Administration in Paris and a Masters from the University of Nebraska.

Majid Kamil

Senior Adviser

Majid joined in December 2015 and served as interim Managing Director until February 2017.
He has a long association with West African banking and was President of Mauritania Banks‘ Professional Association and President of the West African Bankers’ Professional Association. He was also Mauritania’s ambassador to Canada.
His important advice helped to establish our bank and he continues to counsel the management team on the bank’s direction and overcoming the nation-building challenges facing Guinea.

Ken Looi

Executive Director and Chief Financial Officer

Ken joined in 2014 as Director of Finance and is responsible for the Finance and Project Division of the Bank. Previously, Ken worked at JP Morgan Chase and KPMG in Asia for more than 10 years. He has extensive experience in assurance, business process improvement, risk management, project management and has been involved in market segments including banking, real estate, construction, agriculture, investment, automotive and fast-moving consumer goods.

He has a commerce degree from the University of Queensland, Australia and holds the professional membership and certification from CPA Australia and IIA Malaysia.

Aboubacar Salimatou Toure

Legal Director and Company Secretary

Aboubacar joined in 2015 and is now Legal Director and Company Secretary, responsible for leading the legal secretariat and compliance function of the bank.

He has more than 10 years’ professional experience including running the representative office of a large legal and tax consulting firm in Freetown, Sierra Leone; deputy director of a major shipping company’s legal and tax affairs and legal supervisor of Guinea’s largest telecoms company. Aboubacar has extensive knowledge of how Guinea’s law and taxation apply to business.

Aboubacar has a Masters’ in Law from the University of General Lansana Conte de Sonfonia in Guinea. He is also member of the Association for the Promotion of Law in Guinea and is a certified member of the UK’s International Compliance Association (ICA).

Shafii Abdullah

Information Technology Director

Shafii has more than 20 years’ experience in banking IT. Previously with Bank Bumiputra Malaysia Berhad, he was responsible for devising its infrastructure and headed technical operations. He has also developed trading algorithms for foreign exchange. Shafii leads a team to develop the bank’s management information and customer relationship management as part of its core banking system.

Aissata Diakite

Head of Administration and Human Resources

Aissata was appointed in 2015 and is Head of Administration responsible for Human Resources and general administration, including security and logistics management of the bank.

She has a Masters’ in Economic and Management Science from the University of Kofi Annan de Guinée. Aissata acts as an independent correspondent for the World Bank’s Doing Business Forum, an international database used as an objective benchmark for carrying out business in 190 economies.

Cheikh Mohamed Fadel Kamara

Project Manager

Cheikh came on board in 2016 and is responsible for planning and execution of projects to maximise benefit and minimise cost. With extensive experience in management, business process improvement, project management and marketing, he was previously Samsung‘s manager in Guinea and in charge of conglomerate’s business sales in Mauritania. Cheikh holds a Master of Finance, Banking and Insurance degree from the Higher Institute of Business Administration of Gafsa in Tunisia.

Abdoulaye Mamadouba Sylla

Operations Manager

Abdoulaye was recruited in 2015 as Head of Operations, responsible for managing all banking operations and gold-related transactions. Previously, he held various front-line and operating management positions in banks including Ecobank Guinee and United Bank of Africa, where he earned the award for most valuable performer.

Sidy Mohamed Toure

Internal Control Manager

Sidy joined us in May 2016. He worked from 2009 to 2015 as External Auditor at the audit company "Auditeurs Associés". He holds an MBA in Audit and Management Control from the African Centre for Higher Studies in Management (CESAG) in Dakar, as well as a Master‘s degree in Accounting Sciences from University General Lansana Conté and a further Master’s in Business Administration from the University Kofi Annan of Guinea, where he has a part-time post as professor of internal audit and management control.