CCA bank sets for brighter future!.

The banking institution has unveiled a robust plan which, ace economic analysts say, aims at taking the institution among major movers and shakers in the banking sector on the international scene. 

Among the recent moves taken by officials of the financial instition is the appointment of celebrated and experience banker, Marguerite Fonkwen Atanga, as new General Manager. 

Fonkwen Atanga, who is a well-known name within the banking sector in the country, comes in to replace André Alexis Megudjou.

Megudjou, who has been a key pillar within CCA bank, having contributed enormously to the transformation of the instiution after serving in different strategic potitions for the past 24 years, has been handed the task to not only develop, but implant the bank abroad. 

Zoom on pofile of new CCA bank GM

The newly appointed General Manager, Marguerite Fonkwen Atanga, is one of the few women to head a banking institution in Cameroon. She has an admird track record in the banking sector spanning over twenty years. 

Fonkwen Atanga has worked for multinationals including Standard Chartered Bank Cameroon and Société Générale Cameroun. 

Prior to joining CCA Bank, Fonkwen Atanga, who is poised to liver her utmost to meet the objectives of the bank, was the Deputy General Manager of United Bank for Africa Cameroon, UBA, where she had written her name in gold in ensuring the growth of this pan-African institution. 

She is holder of Executive MBA in Business Administration obtained in Canada, coupled with professional certifications and trainings notably in the United Kingdom, the United States, India, Ivory Coast, Ghana. Fonkwen Atanga has long proven herself as a member of the Board of Directors of UBA Cameroon.

CCA bank to expand internationally 

The former CCA Bank General Manager, Alexis Megudjou, has, after proving his worth in taking the institution to higher heights in the country, been handed another task to not only develop but plant a solid foundation for the institution abroad. 

Within his new position, Alexis Megudjou, is expected to create and implement new subsidiaries and branches of CCA bank.

Prior to his promotion, the former CCA bank General Manager had put in 24 years of dedicated services to the institution, having held several positions. 

Within his 24 years in the institution, Alexis Megudjou, spent 15 years as General Manager. He is described by officials of the instittuion as one of the major pillars of transformation of the bank from a microfinace institutiton in 2018 to bank. 

The outgoing CCA General Manager is one of those who have a better grasp of the structure, as one might say, those who have the DNA of the bank. 

He began his professional career in the bank in November 1999 as an accountant; at the time the institution was still a microfinance institution, and rose within the ranks of General Manager. 

He served as Deputy General Manager of the microfinance from 2008 until May 2018, the year of its migration into a universal bank. 

Alexis Megudjou thus became the very first General Manager of the young bank until days back when he was handed another task abroad within the institution to create and implement new subsidiaries and branches of the bank internationally.

He leaves behind a perfect report card to the appluase of officials of the financial institution, having increased the bank’s figures tremendously. 

Under Alexis Megudjou, for example, CCA has 45 branches, 542,866 customers, outstanding deposits of 432 991 billion FCFA, outstanding loans of 229 billion FCFA and a total balance sheet of 533 billion FCFA. 

“In addition to these glowing figures, the outgoing General Manager passed on to his replacement a financial situation with prudential standards fully complied with in accordance with current banking regulations in force,” the statement added.