Governance of the DC/BR
The DC/BR is a specialized financial institution approved by the Financial Markets Authority of the West African Monetary Union. It is incorporated as a Société Anonyme with a Board of Directors.
Its corporate purpose is the custody and administration of securities and the settlement of transactions on the Regional Financial Market of the West African Economic and Monetary Union (UEMOA).
Mr. Faman TOURE has been Chairman of the DC/BR Board of Directors since July 1, 2022. The DC/BR Board of Directors comprises 12 members.
Mr. Birahim DIOUF has been Managing Director since July 1, 2022.
In accordance with the principles of the International Organization of Securities Commissions (IOSCO) and international best practice, the DC/BR Board of Directors is assisted in the execution of its mission by three (03) functional committees. These are :
- Audit and Risk Committee
- Strategy and Development Committee
- Governance, Remuneration and Recruitment Committee.
The responsibilities and operating rules of these committees are defined by internal regulations and charters.
