CFAO Group has appointment Dr Frannie Léautier to its Board of Directors, effective as of July 28  2022 to strengthen the company’s governance.

A graduate of MIT, Dr Léautier began her career at the World Bank in Washington DC, where she worked for 15 years in a number of key executive positions. She then headed the African Capacity Building Foundation. After a term as Senior Vice President at the African Development Bank, she joined the Trade and Development Bank Group, where she oversaw the asset management business for a number of years.

Dr Léautier specializes in finance and development. She is also a senior partner at the SouthBridge Group and CEO of SouthBridge Investments. She holds advisory and governance positions on the boards of several African and international organizations.

Dr Léautier replaced Sylvie Rucar and this now means the CFAO Board of Directors now comprises nine French, Japanese and African members, including Mr Momar Nguer and Mr Dennis Awori. This diversity is reflected in the 66 nationalities represented by Group employees and is a hallmark of the CFAO identity. The Group is active in 50 countries and territories, including 40 in Africa, and is a subsidiary of Japan’s Toyota Tsusho Corporation (TTC).

Richard Bielle, CFAO Chairman and Chief Executive Officer: “We are delighted to have Dr Frannie Léautier join our Board of Directors. Her extensive experience and insight into our countries and regions will be undeniable assets and will provide an invaluable new perspective on our Group strategy.”