Frenchman Nicolas Pichou has taken up his post at the head of the Cameroonian subsidiary of Société Générale, with several challenges to overcome.

Nicolas Pichou had held the position of Deputy Managing Director for two years. He replaces the Senegalese Marème Mbaye Ndiaye appointed last June to the post of director of the Central and East Africa region of the French banking group. The new leader takes the reins of the company in an economic context marked by the coronavirus health crisis. Over the past two years, the SGC has particularly distinguished itself as one of the main drivers of the public securities market with 127 billion FCFA (193 million euros) mobilized, ie a 500% increase in subscriptions. This allowed him to be in the top ranks of the best Treasure Value Specialist (SVT). Results that will not only have to be consolidated, but also increased in a competitive banking environment with the presence of two new banks which have been added to the fifteen savings and credit establishments then in operation.