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The Board of Directors

The Board of Directors is the FGIS’s orientation and decision-making body. As such, it is responsible for:

  • Suggesting the overall management objectives for the FSRG to the Fund’s Strategic Council;
  • Submitting the general orientation of the FSRG investment policy to the Strategic Council;
  • Approving the General Management’s programmes and actions;
  • Controlling and ensuring the proper operation of the FGIS structures;
  • Reviewing and approving the FGIS’s annual budgets;
  • Authorising the award of contracts of all kinds as soon as the commitments exceed two hundred million CFA francs.

The other powers of the Board of Directors are set by statutes approved by decree.