New blood at the General Secretariat of the Inter-African Conference of Insurance Markets (CIMA) with the election of Blaise Abel Ezo'o Engolo. Twelve of the fourteen West and Central African countries that make up this organization set their sights on him on December 4, 2020 in Lomé, Togo, where the Cameroonian, the only candidate for the position. The information that echoes the national press has been confirmed by the Ministry of Finance which piloted this candidacy.

In accordance with the practice in this area, the formalization of this appointment is suspended from the lips of the President of the Council of Ministers, which, in reality, is a simple formality. He will then be able to join his post in Libreville, Gabon, the seat of this institution. The new boss of the gendarme of the insurance sector in Central and West Africa replaces his compatriot Issofa Ncharé who will have spent five years there.

It will be necessary to wait until he takes office to know the roadmap of the new Secretary General of CIMA, even if everything suggests that his work will not be easy. Among other things, it will be a question of applying the reforms undertaken in this sector, in particular the increase in the share capital to 3 billion FCFA from May 2019 and whose delay in the implementation of this measure can be seen.

In all likelihood, one of the thorniest issues will undoubtedly be the increase in share capital to 5 billion FCFA from May 2021, especially since insurance companies are seriously impacted by the health crisis related to COVID-19. According to sources, some insurance companies are in favor of maintaining the share capital at 3 billion "pending the evolution of activities over the next two years".

Previously Director of Insurance at the Ministry of Finance of Cameroon, Blaise Pascal Ezo'o Engolo knows the insurance sector well, he who is since December 2019, Chairman of the Board of Directors of the Reinsurance Company of the Member States of the Inter-African Conference of Insurance Markets (CICA-RE).