COBAC Instruction I-2009/02 on the Prior Information Procedure for Appointing Board Members of Credit Institutions

CENTRAL AFRICAN BANKING COMMISSION

INSTRUCTION COBAC I-2009/02 ON THE PRIOR INFORMATION PROCEDURE FOR THE APPOINTMENT AS A MEMBER OF THE BOARD OF DIRECTORS OF A CREDIT INSTITUTION

The President of the Central African Banking Commission;

Having regard to Regulation No. 0408/CEMAC/UMAC/COBAC on corporate governance in credit institutions of the Economic and Monetary Community of Central Africa, particularly Articles 11 and 12;

Having regard to COBAC Decision D-2009/105 delegating powers to the President of the Central African Banking Commission in the prior information procedure for the appointment as a member of the Board of Directors of a credit institution;

DECIDES:

Article 1: The prior information to the Central African Banking Commission for the appointment as a member of the Board of Directors of a credit institution shall be accompanied by the following documents and information:

• a criminal record extract or any other document serving as a substitute, dated less than three months old, issued by the competent national authorities of the country of the person concerned;
• a curriculum vitae signed by the person concerned to attest in particular to their training and professional experience, according to the model attached as an annex;
• a sworn declaration signed by the person concerned, according to the model attached as an annex;

Article 2: This Instruction shall enter into force as of the date of its signature.

Done in Yaoundé, on September 25, 2009.

For the Central African Banking Commission, The President,

Philibert ANDZEMBE

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SWORN DECLARATION

I, the undersigned, born on [date], declare on my honor that I hold the following mandates within the countries of the Economic and Monetary Community of Central Africa (CEMAC), as of [date]:

I certify that this information is sincere and faithful and that, to my knowledge, there are no other important facts of which the Central African Banking Commission must be informed.

I undertake to immediately inform the Central African Banking Commission of any change that would significantly modify the information provided.

In witness whereof, this declaration is drawn up to serve and be valid as may be appropriate.

Done in [City]

Signature