CCA-Bank Reorganizes Governance, Seeks COBAC Approval for New Chair

CCA-Bank is reorganizing its governance as it moves to expand beyond Cameroon, backed by a balance sheet that reached CFAF 1,304 billion at the end of August 2026, nearly six times its level at the end of 2018. The banking group said Paul Essimi Ngono has been designated Board Chair of CCA Bank Cameroon, effective January 1, 2027, subject to approval by the Central African Banking Commission, COBAC. Founder Albert Nkemla will focus on chairing the wider CCA Bank Group and overseeing its expansion across Africa. The appointments follow meetings of the Group’s boards of directors held in Douala on September 17 and 18. According to CCA-Bank, the reorganization separates oversight of its Cameroon banking operations from the Group’s broader expansion strategy. Essimi Ngono, a director of the bank since 2016, will oversee the Cameroon operation, with a focus on operational performance, risk management and prudential requirements. He is a CEMAC-certified chartered accountant and judicial expert in finance and banking, with 37 years of experience in accounting and 10 years in banking. Nkemla, meanwhile, will lead the Group’s strategy as CCA-Bank ...