(Business in Cameroon) - The Moroccan banking group Attijariwafa just appointed Mr. Mohamed Krisni as the new head of the Société commerciale de banque (SCB Cameroon), its Cameroonian subsidiary. The new Managing Director will enter into office once all formalities related to his appointment have been completed, an official release published by the bank reports.
According to a release relating to the recent board meeting held by the bank on 21 September 2015 in Yaoundé, Mohamed Krisni, who replaces Jamal Ahizoune, inherited of a relatively sound institution whose “main indicators” show “significant improvement”.
Truly, due to the effective implementation of the bank’s 2011-2015 strategic development plan, its average growth in net banking income was of 13% whilst its net income reached about 43% over the reporting period.