On July 31st, the Federation of People’s Credit Unions of Burkina Faso (FCPB) held an official ceremony to mark the handover of responsibilities between the outgoing Chairman of the Board of Directors, Nassouri Saïbou, and his successor, Kaboré Adama.
This solemn ceremony brought together several dignitaries, including members of the Board of Directors, the Director General and her deputy, as well as central directors and department heads of the FCPB.
In his farewell address, Nassouri Saïbou presented a positive assessment of his term, highlighting the progress made despite a challenging security environment. Under his leadership, more than 200 billion CFA francs were saved, and approximately 125 billion CFA francs were granted in loans to members of the people’s credit unions. However, he also announced the relocation of 46 branches by June 30, 2025, to better adapt to the country’s security situation. With great emotion and gratitude, he thanked all his colleagues for their unwavering commitment. He took the time to acknowledge some key individuals who had contributed to his career, both within the umbrella organization and at his original branch, during his six years of service. Among them, he mentioned the Director General, Ms. SONDO/NIGNAN Azaratou, the Deputy Director General, Mr. SOME A. Innocent, Mr. SOULAMA Issaka, former Director of the Fada N’Gourma branch, and Ms. KOBYAGDA, the current Director of that branch. Mr. NASSOURI Saïbou, now the 13th Chairman of the FCPB Board of Directors, expressed his willingness to support the new leadership team. He called for solidarity and commitment from members to ensure the success of his successor’s upcoming term, concluding: “May the next report be even more impressive.”
Mr. Adama Kabore, the incoming Chairman, paid sincere tribute to his predecessor for his leadership and the results achieved. He expressed his commitment to continuing the reforms already underway, while focusing his term on resilience, given the current challenges.
“It is with humility and determination that I accept this important responsibility. Together with the Board of Directors and all stakeholders, we will chart a clear path toward excellence,” he declared.
Drawing on his experience in planning, designing, training, and coordinating development programs, Mr. Adama Kabore plans to focus on three key priorities:
- Supporting the strengthening of human capital,
- Supporting the digitalization of services,
- Optimizing the loan portfolio, particularly by adopting a more proactive approach to non-performing loans. This handover ceremony holds symbolic and strategic importance for the FCPB, marking a renewal of the institution’s commitments to its members and affirming its dedication to providing innovative, inclusive financial solutions tailored to current challenges.
Tiendrébéogo Carine Flore