BANK OF AFRICA Group is equipped with a solid governance system composed of technical skills and strategic thinking skills.

The West African subsidiary banks are governed by the holding structure BOA WEST AFRICA (an intermediate financial holding company located in Ivory Coast) while the other subsidiaries are governed by BOA GROUP S.A (the holding structure based in Luxembourg).

Each of these companies is governed by a specific Board of Directors, whose members ensure compliance with the rules of good governance, as advised by specialized committees.

The governance of BANK OF AFRICA Group pays close attention to risk control, transparency of information, management and innovation.

The Board of Directors collectively represents all of the shareholders. It acts for the social interest of the Group and ensures its proper functioning.

The missions of the Board are to define strategic orientations, oversee and ensure their implementation in compliance with the Group’s values, and comply with the highest international standards of ethics and risk management.

The members of the Board are appointed based on their experience, expertise and independence.

On the right, Mr Brahim Benjelloun-Touimi, Chairman of BOA Group’s Board of Directors

The Group’s Executive Committee sets the strategic objectives within the framework of the orientations determined by the Board of Directors and coordinates their implementation. It ensures the maintenance of the organization’s alignment with the evolution of the environment. It also oversees the definition of responsibilities and delegations of power of the leaders and their application. The Executive Eommittee meets on a weekly basis and may invite certain Group employees to present specific topics.

On the right, Mr. Amine BOUABID, Chief Executive Officer of BANK OF AFRICA Group.