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Mali's president names banker as prime minister

© Photo: AFP

Text by News Wires

Latest update : 2013-09-07

Malian President Ibrahim Boubacar Keita (right) on Thursday appointed Oumar Tatam Ly as his prime minister, state media reported. Ly began his career at the World Bank and recently left a post at the Central Bank of West African States.

Mali's new president Ibrahim Boubacar Keita on Thursday made 49-year-old banker Oumar Tatam Ly his prime minister, an official decree announced the day after Keita's investiture.

Ly, the son of celebrated writer and politician Ibrahima Ly, was until recently employed by the Central Bank of West African States (BCEAO) which serves the eight regional countries using the CFA franc.

A career technocrat, he has little political experience and is expected to rely heavily on advisers as he heads an administration charged with leading the deeply-divided west African nation's emergence from months of political chaos and war.

Born in Paris, Ly was until recently a special adviser to the governor of BCEAO, based in the Senegalese capital Dakar, having enjoyed a meteoric rise.

He holds France's highest teaching diploma from the prestigious Ecole Normale Superieure de Lyon, a masters degree in economic history from the Sorbonne and a diploma from ESSEC, one of Europe's top business schools based near Paris.

Ly began his career at the World Bank before moving via the general secretariat of the president of Mali to an analyst role at the Central Bank of West African States in 1994.

He was given the role of director of studies at the bank and rose to the position of chief financial officer, a post which he held for six years before he was promoted to national director for Mali and then adviser to the governor.

(AFP)

Date created : 2013-09-05

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