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| T O P I C R E V I E W |
| Momodou |
Posted - 10 May 2017 : 15:17:09
Central bank governor, 3 others removed
By Lamin Jahateh
The Point: Wednesday, May 10, 2017
http://thepoint.gm/africa/gambia/article/central-bank-governor-3-others-removed
 Amadou Colley, governor of the Central Bank of The Gambia, as well as his first and second deputy governors, Basiru Njai and Oumie Savage-Samba, respectively, have had their services at the bank terminated, sources said.
Ousainou Corr, the bank’s director of finance, has also been removed, all with immediate effect.
Mr Colley, in an interview with The Point, confirmed the story.
He said: “Each of us received a letter of termination of services yesterday and the termination is with immediate effect. No reason is given to us.
“I am honoured to have the opportunity to serve my country for 30 years in various capacities. I am proud to say we did our best to salvage the economy and the monetary system of the country. We had experiences of serious challenges but we did our best to confront them.
“I thank my staff at the bank, the staff of the Ministry of Finance, and the staff of the commercial banks for a good working relation throughout my tenure. I wish the new team success.”
Meanwhile, Bakary Jammeh, who works at the central bank Economic Research Department, has been appointed the new governor of the bank.
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| 2 L A T E S T R E P L I E S (Newest First) |
| Momodou |
Posted - 12 May 2017 : 15:29:34
New central bank governors speak
By Adam Jobe
The Point: Friday, May 12, 2017
http://thepoint.gm/africa/gambia/article/new-central-bank-governors-speak
 Following the removal of Amadou Colley as the governor of the Central Bank of The Gambia and his two deputy governors early this week, the leadership of the bank has been entrusted to a new breed of experts from within the bank.
Colley’s successor is Bakary Jammeh who was the deputy director and officer-in-charge of the Economic Research Department of the central bank.
The new governor, in an exclusive interview with The Point yesterday, thanked the new government for the trust and confidence bestowed on him by appointing him to head the bank.
He said he would make sure he restore trust and credibility in the bank and bring about price and financial sector stability.
“It is a challenge but collectively we will succeed,” said Governor Jammeh, who is married with three children.
Jammeh has Bachelor’s of Science in econometrics from Istanbul University, Turkey, and Master’s of Science in finance and econometrics at Queen Mary, University of London, UK.
He had attended twenty different professional courses in various areas such as macroeconomics, monetary policy, and financial sector policies at various institutions including the IMF Institute, Bundes Bank of Germany, Study Center of Swiss National Bank, and Bank of Ghana.
“I also worked for IMF from August 2014 to August 2015 as a special appointee at the African Department at Washington DC,” the new CBG governor said. “While at IMF, I was focused on the economy of Seychelles.”
Dr Seeku Jaabi is now the first deputy governor of the central bank, succeeding Basiru Njai. He was the deputy director of the CBG Microfinance Department.
He said a big challenge and a big trust has been bestowed on them but with all hands on the deck, the task would be easier.
Dr Jaabi joined the central bank in February 1997 and has since then served in various departments of the bank, starting with the Banking Supervision Department.
He obtained his first degree at Fourah Bay College in Sierra Leone, and masters in development finance in Manchester, UK, from 2003 to 2005.
In 2011, Jaabi had his PhD at the University of Malaya, Malaysia and returned home in 2014.
He published two books, and had written 18 international journals.
Essa A.K. Drammeh is the successor of Oumie Savage-Samba as the second deputy governor.
He joined the bank in 1987 and has since then served in various capacities.
From 2010 until his recent promotion, he was the director of Banking Supervision Department of the bank.
Mr Drammeh obtained his AAT certificate at MDI. He later obtained BA honours in accounting at a US university, and MBA in global banking and finance in UK. He is a fellow of FCCA in UK.
He had attended several short term courses in banking supervision, financial stability, money laundering and counter financing of terrorism.
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| toubab1020 |
Posted - 10 May 2017 : 17:28:17
Action is afoot in Gambia,very best of luck Bakary Jammeh in your new post |
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