On Tuesday, April 22, 2025, Hilaire Mavoungou, Acting Chief of Staff to Christian Yoka, Minister of Finance, Budget, and Public Portfolio, oversaw the handover of service between David Martin Obami, outgoing Director general, and Marie Ghislain Yebas Mandelo, the new Director general of the Congolese Sinking Fund (CCA), appointed by Decree No. 2025-116 of April 18, 2025.

In his opening remarks, the newly promoted official stated, in essence: "My career in the banking sector, specifically at the Bank of Central African States (BEAC) and the former Société Générale Bank, General-Congo, allowed me to experience the challenges of financial stability, institutional governance, budgetary rigor, and the mobilization of financing for development. These years of experience have forged in me a conviction: sustainable economic development depends on rigorous, transparent, and strategic management of public debt. Today, more than ever, given the major structural challenges facing our economy, characterized by the scarcity of resources combined with the immensity of needs, we must reinvent our relationship with public debt: by strengthening the sustainability of our portfolio of commitments; by structuring new, innovative financing instruments compatible with our capacities; and by rigorously respecting the rules of transparency, accountability, and efficiency in the management of our debt. The New Director General's Three Major Ambitions

"I am taking the helm of the CCA with three ambitions: to strengthen the technical excellence of our teams through continuing education, the development of local skills, and the modernization of our debt management tools; to increase the transparency of our actions, particularly through better communication with national institutions, technical and financial partners, and the citizens of our country, because debt is everyone's business; and to develop a proactive and forward-looking approach to debt, fully integrating the issues of sustainability, regional integration, and financial sovereignty," he announced.

As a reminder, the Congolese Sinking Fund is a strategic institution that plays a central role in managing the Republic of Congo's public debt.

The Communications Unit of the Ministry of Finance, Budget, and Public Portfolio