Théodore Dabanga Explained

Théodore Dabanga
Office:Minister of Finance and Budget
Term Start:19 June 2005
Term End:2 September 2006
President:François Bozizé
Primeminister:Élie Doté
Predecessor:Daniel Nditiféï Boyssembè
Successor:Sylvain Ndoutingai
Birth Date:25 October 1956
Birth Place:Yaloke, Ubangi-Shari (now the present-day Central African Republic)
Party:National Convention
Kwa Na Kwa
Occupation:Banker
Economist

Théodore Dabanga (born 25 October 1956) is a Central African banker and economist who served as Minister of Finance and Budget during Bozize's administration.

Early life and education

Belonging to Gbaya, Dabanga was born in Yaloke on 25 October 1956. He studied economy in Bordeaux and banking in Abidjan in 1983.

Career

Dabanga commenced his career by joining the finance department of the International Bank for West Africa (BIAC) Bangui Branch in 1983. In 1988, he worked at the Central African Pharmaceutical Office (OPC) for three years. Subsequently, he moved to the Central African Cigarette Company (SOCACIG) in 1991.

Patassé nominated Dabanga as head of the Standing Technical Committee for Monitoring Structural Adjustment Programs (CTPPAS). On 15 January 1999, he was appointed as Deputy Minister of Finance and served until 5 April 2001. Afterward, he became the director general of Commercial Bank Centrafrique (CBCA) on 20 April 2001, replacing Etienne Djimarim. While serving as CBCA's director general, he also worked as chairman of the Central African Textile Development Company (SOCADETEX) from 2001 to 2004 and the African Fund for Guarantee and Economic Cooperation (FAGACE) from 2002 to 2004.

In 2004, he got involved in the establishment of the National Convergence "Kwa Na Kwa" and supported Bozize during the 2005 Central African general election. He then served as the Minister of Finance and Budget from 19 June 2005 to 2 September 2006 and Central African Republic's representative on the International Monetary Fund (IMF) board of governors. When he served as the minister, he promised to restructure public finances by taking "courageous measures" due to the monthly budget deficit.[1] Furthermore, he also became the witness for Simon Kouloumba's trial in the Libyan Oil Case.[2]

Upon resigning from the ministerial position, he worked as Bozize's financial adviser from 2006 to 2008 and then as Director of General Control at the Bank of Central African States (BEAC) from July 2008 until his dismissal on 7 June 2010 as a result of BEAC's meeting in Brazzaville.[3] [4] While serving as managing director, he led the complementary audit mission to Paris to investigate alleged BEAC's fund embezzlement.[5]

Bibliography

Notes and References

  1. Web site: Mas . Monique . Quatre millions d’euros pour encourager Bozizé . 1.rfi.fr . Radio France Internationale . 31 July 2024.
  2. Web site: ACAP . ACAP . Suite de l’affaire du pétrole libyen au palais de justice de Bangui . acap.cf . Agence Centrafrique Presse . 31 July 2024.
  3. Web site: APA Bangui . APA Bangui . Deux membres du gouvernement centrafricain nommés à la BEAC . centrafrique-presse.over-blog.com . APA Bangui . 31 July 2024.
  4. Web site: Meyer . Jean-Michel . Le ménage continue . jeuneafrique.com . Jeune Afrique . 31 July 2024.
  5. Web site: Soudan . François . Exclusif : hold-up à la BEAC . jeuneafrique.com . Jeune Afrique . 31 July 2024.