(Business in Cameroon) - Cameroon’s investment service providers (Appsi) have just set up an association to defend their interests within the framework of any consultation on the financial market.

An Executive Board was elected for a 2-year term and includes the Chairman Serge Yanic Nana, (CEO of Financia Capital), the vice-president, Chantal Bounkeu (special advisor at the Commercial Bank of Cameroon), the secretary general Louis Banga-Ntolo (MD of Sogebourse Afrique centrale) and the treasurer Pierre Kammogne (treasury manager of Afriland First Bank). In addition, Priscille Noëlle Kouo Ngamby (Investment Associate at EDC Investment Corp) was appointed Appsi's financial auditor for a two-year term.

With about fifteen members, Appsi brings together all investment service providers (ISPs) accredited by the Cameroon Financial Markets Commission. Its mission is to propose to the competent authorities any measure likely to improve the functioning of the financial market, develop training activities for market professionals, and develop ethical rules applicable to its members.

S.A.