The Central Bank of Nigeria (CBN) has announced the search for a qualified candidate to fill the position of Director-General at the West African Monetary Agency (WAMA). This announcement was made in a statement published on the CBN’s official website on Tuesday.
WAMA, an autonomous agency under the Economic Community of West African States (ECOWAS), was established in 1996 following the transformation of the West African Clearing House (WACH). The agency’s primary responsibilities include promoting monetary cooperation among ECOWAS member states, harmonizing and coordinating monetary and fiscal policies, and overseeing the implementation of the ECOWAS Monetary Cooperation Program. WAMA also plays a pivotal role in initiating and promoting policies related to monetary integration within the sub-region.
The agency is overseen by the Committee of Governors of the Central Banks of the Member States, which includes Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. The Director-General, based in Freetown, Sierra Leone, will be responsible for managing WAMA’s day-to-day operations and ensuring the successful execution of its strategic goals as defined by the Committee of Governors.
No comments