In response to the resignation of Henri Rabarijohn due to health concerns, Madagascar’s largest banking institution has welcomed a new leader. Aivo Andrianarivelo has been appointed as the Governor of the Banque Centrale de Madagascar, succeeding Rabarijohn in this pivotal role.
Andrianarivelo brings a wealth of experience to his new position, having held various significant roles within the financial sector. Notably, he served as the head of the Carrying and Privatization Funds from 2008 to 2020. Additionally, Andrianarivelo has been serving as the Executive Director of the International Monetary Fund since February 2020, further enriching his extensive financial acumen.
With a track record of leadership and expertise in financial matters, Andrianarivelo is poised to steer Madagascar’s central banking institution through its evolving economic landscape, ensuring stability and progress in the nation’s financial sector. His appointment reflects a commitment to effective governance and prudent financial management within Madagascar’s banking framework.