Mali: who is Ibrahima Ndiaye, the new Director General of the BDM

The new Managing Director of the Banque de Développement du Mali (BDM) is no stranger. Appointed on November 27 to replace Bréhima Amadou HAIDARA, the one who was until then Deputy Managing Director has a 25-year career with the bank. First in what was the Malian Bank of Credits and Deposits (BMCD), which became the Development Bank of Mali (BDM) through a merger and then privatization. Major of promotion of the National School of Administration (ENA) in 1995, Ibrahima Ndiaye first worked in an accounting firm the time to sharpen the theory in the field before joining the BMCD in 1996. Four years later, he was the institution’s internal auditor, then deputy director of accounting operations and, at the start of 200, chief accountant.

Cumulating experience and professional training (he graduated from the Institut de Banque de Paris where he graduated from UEMOA + Mauritania in 2000), Ibrahima Ndiaye, was appointed director of financial operations of the BMCD in 2001. After the merger between BMCD and BDM-SA, he was promoted in 2002 to Director of Accounting and Treasury. In 2005, he became the bank’s control tower as deputy to the head of the financial and legal department, a position he combined with his function of Director of Accounting and Treasury.

In 2011, Ibrahima Ndiaye became Controller General of the BDM, a position attached to the General Directorate of the BDM. In this strategic function, he participated in the expansion of the bank internationally with, in particular, the opening of the BDM France subsidiary, the Banque De Union-Côte d’Ivoire (BDU-CI) and the Union Bank-Burkina Faso (BDU-BF). He was subsequently appointed head of BDU-CI in 2015 before being recalled to Bamako three years later to become Deputy Director General of BDM. Continuing his professional training (HEC Paris, CESA), Ibrahima Ndiaye, with his long experience and credited with a spirit of consensus, will he be able to raise the bar of a banking institution facing union demands? Considered in business circles as a risk manager and auditor rather than a business-oriented developer and banker, will this pure BDM product succeed in contradicting forecasts and giving a boost? necessary for the acceleration of the BDM? Wait and see.

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