Management bodies of the company “Les Assurances Lafia-sa” Ousmane Bocoum’s page definitively turned Mrs. Kadiatou Koné appointed general manager

The company “Les Assurances Lafia-SA” now has a new general manager named Ms. Kadiatou Koné. She was appointed by decision dated January 6, 2023 signed by the Chairman of the Board of Directors, Ms. Sidibé Zamilatou Cissé. This appointment follows the lifting of the provisional administration by the Regional Insurance Control Commission (CRCA) of the Inter-African Conference on Insurance Markets (Cima). It will therefore be a question for the new general manager of relaunching the activities of Assurances Lafia-SA. This means that the page of the former Director General, Ousmane Bocoum is definitely turned.

The decision to lift the provisional administration of “Les Assurances Lafia-SA” was taken at the 109th ordinary session of the Regional Insurance Control Commission (CRCA) of the Inter-African Conference on Insurance Markets ( Cima), held from November 28 to December 3, 2022 in Libreville, Gabon.

“At the end of its deliberation, after your hearing and that of the suspended leaders, in the presence of the representative of the Minister in charge of Insurance of Mali, the Regional Insurance Control Commission takes note of the conclusions of the general assembly of August 31 2022 which appointed the new directors of the company. Consequently, the Commission decides to lift the provisional administration of the company ‘Assurances Lafia-SA’ of Mali. To this end, the Commission asks the Board of Directors to take the appropriate measures for the operation of the management bodies from its first meeting and to send the application file for the approval of the appointed managers”.

Here is the content of the letter from the president of Cima-CRCA, Mamadou Sy dated December 3, 2022 addressed to the general administrator of Assurances Lafia, Mrs. Ly Taher Dravé. Before notifying shareholders: “The Commission informs shareholders and managers that the resurgence of conflicts likely to hinder the smooth running of the company and harm the interests of policyholders and beneficiaries of insurance contracts, could lead, pursuant to the provisions of Article 312 of the insurance code to an automatic suspension of the managers or persons involved or an automatic transfer of the company’s portfolio”.

That’s not all. The CRCA also asked the company to “pursue the recovery of the sums irregularly spent by the former leaders, in particular on the disbursements of 3,824,804,114 CFA francs not justified, mentioned in the sanction procedure of Mr. Ousmane Bocoum”.

After the lifting of the provisional administration, things went very quickly with the appointment of the new general manager at the head of the company. Following a recruitment notice by a specialized firm dated October 11, 2022, the choice fell on Ms. Kadiatou Koné. She was appointed by decision of the President of the Board of Directors, Ms. Sidibé Zamilatou Cissé. And she has officially taken office since January 9, 2023.

It should be noted that the company “Les Assurances Lafia-SA” had been placed under provisional administration with suspension of the managers by decision n°0074-MEF-SG of August 27, 2020 before being confirmed by the CRCA following decision n°022/D /Cima/CRCA/PDT/2020 on August 28, 2020.

This decision, it should be remembered, “follows a conflict arising from a change of Chairman of the Board of Directors likely to compromise the interests of policyholders and beneficiaries of insurance contracts whose protection falls within the competence of the Authority of Supervision in accordance with Annex II of the Treaty establishing an integrated insurance organization within the Member States of the Inter-African Conference on Insurance Markets (Cima)”.

Since August 10, 2022, the directors of the company have chosen Mrs. Sidibé Zamilatou Cissé to occupy the position of Chairman of the Board of Directors (PCA).

El Hadj AB HAIDARA

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