Management of WAMA

Director General

Mr Momodou Bamba SAHO

Mr. Momodou Bamba Saho assumed the position of Director General of the West African Monetary Agency (WAMA) on 08 August 2016. Before joining WAMA, he served  as Alternative Executive Director, then as Executive Director for the Africa Group 1 Constituency at the IMF during the period November 2010 to October 2014. At the IMF, he represented and defended the interests of 22 Sub-Saharan Africa countries on the Executive Board as well as contributed to oversight of the IMF to ensure it discharged its mandate effectively. Mr. Saho also chaired the Ethics Committee of the Executive Board.

Prior to joining the IMF, Mr. Saho was the Governor of the Central Bank of The Gambia from August 2007 through October 2010. He worked for the Central Bank for twenty seven years. The positions he held during this period include that of First Deputy Governor, General Manager and Director Banking Services. During this period, he contributed to improving the Central Bank’s work  in the areas of monetary operations, public debt, payment systems, currency management, financial reporting, information systems development and monetary policy.

Among other things, following a period of economic crisis in 2001-2003, Mr. Saho oversaw policy and operational reforms related to the conduct of monetary policy, financial sector supervision, central bank independence, and accounting, budgeting and management practices that contributed to enhancing the Central Bank’s credibility, contributing to the restoration of macroeconomic stability.

From 2007 to 2009, Mr. Saho was the Chair of the Gambia Divestiture Agency. He was also a member of the National Planning Commission of The Gambia from 2007 to 2010 as well as Chair of the Gambia Telecommunications Company from 2008 to 2010.

Mr. Saho graduated with a Bachelor’s degree in Economics from the International Islamic University in Malaysia in 1988, a MSc. in Analysis, Design and Management of Information Systems from the London School of Economics in 1992 and qualified as a professional accountant with the Association of Chartered Certified Accountants of the UK  in 1993.