Annual Report 2007 - Investing In Africa

Board of
Directors
Mandé Sidibé (68)
Chairman since 2006
Non-Executive Director from 1998 to 2000 and since 2002
Mandé Sidibé is a former Prime Minister of the Republic of Mali. Before that, he
was special advisor to the President of the Republic of Mali. He served with the
Central Bank of West African States (BCEAO) in various capacities including
General Secretary in charge of the monetary policy and special advisor to the
governor of BCEAO. He also worked for the International Monetary Fund (IMF)
in many capacities including Divisional Head, Africa Department. Mandé Sidibé
attended the University of Paris, from which he graduated with a degree in
Economics, and the George Washington University, from which he graduated
with an MBA.
Arnold Ekpe (54)
Group Chief Executive Officer from 1996 to 2001 and since 2005
Arnold Ekpe returned as the Group Chief Executive Officer in 2005. He was
previously the Group Chief Executive Officer from 1996 to 2001 when he left to
join United Bank for Africa, one of the top three banks in Nigeria as Chief
Executive Officer from 2002 until 2004. He has over 28 years of African and
international banking experience having also worked in Europe, South Africa and
West Africa for Citibank and First Chicago. He was Vice President and Head of
Structured Trade and Corporate Finance for Sub-Sahara Africa for Citibank.
Arnold Ekpe holds degrees in Mechanical Engineering and Business Administration
from Manchester University and Manchester Business School respectively.
Christian N. Adovelande (57)
Non Executive director since 2002
Christian Adovelande is the Chairman and Chief Executive Officer of the ECOWAS
Bank for Investment and Development (EBID). He was previously
Chairman/Managing Director of Cauris Management SA and managing Director
of Cauris Investissement SA, a regional venture capital Company based in Lomé,
Togo. He has also held the position of Secretary General and acting General
Manager for the Africa Private Investment Guarantee Fund (Fonds GARI S.A.)
and also held a number of key positions at the West African Development Bank
(BOAD). He represents EBID on the Board of Directors. Christian Adovelande
holds a degree in Finance and Banking from the Centre Ouest Africain d’Etudes
Financières, Dakar.
Oba Otudeko (64)
Non Executive director since 2002
Ayoola Oba Otudeko is Chairman of several local and international companies
in Nigeria and abroad including Delmar Overseas Ltd. He is also a Director of the
First Bank of Nigeria Plc, Guinness Nigeria Plc, British American Tobacco
(Nigeria) Plc and several Chambers of Commerce. He is Chairman of the
Nigerian Stock Exchange and Chairman of the Nigerian-South African Chamber
of Commerce. He is a member, Regional Advisory Board of the London Business
School and Chancellor of the Olabisi Onabanjo University, the State University
of Ogun State, Nigeria. Oba Otudeko is a Chartered Accountant and Chartered
Banker.
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... The Pan African Bank