Vista Bank Burkina has entered a new phase of development with the appointment of Moumounou Gnankambary as its director general. The new director was officially presented to the media on Thursday, November 12, 2026, in Ouagadougou. Gnankambary's primary task will be to oversee the merger between Vista Bank Burkina and Société Générale Burkina Faso (SGBF), a member of the Vista group. This presentation comes after the majority acquisition of SGBF's capital, finalized on June 30, 2025.
Moumounou Gnankambary brings over thirty years of experience in Burkinabè financial administration to his new role. He previously served as director general of the Budget, and then director general of the Treasury and Public Accounting for seven years. He has also represented Burkina Faso in regional financial institutions, including the Central Bank of West African States (BCEAO), the UMOA-Titres agency, and the UMOA Banking Commission. Gnankambary has also sat on the boards of several Vista group subsidiaries.
The new director general expressed his gratitude for the trust placed in him and acknowledged the responsibilities that come with his appointment. He plans to utilize his experience in public financial management and knowledge of the banking sector to serve the institution. Gnankambary stated that his triple combination of skills - budgetary management rigor, banking sector knowledge, and understanding of Vista Bank's challenges - will be at the disposal of Vista Bank Burkina, its clients, and employees.
Gnankambary's priority is to accompany the bank's next transformation phase, particularly the merger with SGBF. He aims to bring his experience to Vista Bank Burkina and ensure that the group's expected ambitions are realized. The merger between Vista Bank Burkina and SGBF is one of the main projects announced by Simon Tiémtoré, president of Vista Group Holding. The goal is to strengthen the group's financing capabilities in the Burkinabè market and have a larger banking institution.
According to Simon Tiémtoré, the merger is expected to be completed in early 2027, allowing for the harmonization of the process. The new entity will retain the Vista Bank brand, with changes to its visual identity and network to follow after the necessary legal and regulatory steps. Tiémtoré justified the choice of Gnankambary based on his knowledge of the Burkinabè public administration and private sector, as well as his experience in banking governance.
The merger could enable the future bank to position itself second in the Burkinabè banking market, behind Coris Bank. This perspective is based on the size of the two institutions set to merge. The group ensures that the operation will not result in layoffs, prioritizing internal redeployment, training, and employee mobility within its subsidiaries. Continuity of services and customer support in their usual agencies are also presented as priorities during the transition period.
Simon Tiémtoré emphasized the ability of local banks to contribute to financing Burkinabè economic development. He called on financial institutions to strengthen their collaboration to mobilize resources for public and private projects. Tiémtoré cited several operations in which the group has participated, including financing the modernization of public transportation in Ouagadougou and the Burkinabè state's Diaspora Bond operation, which mobilized 151.5 billion F CFA in 30 days.
Key points
- Vista Bank Burkina's merger with SGBF aims to strengthen financing capabilities in the Burkinabè market.
- Moumounou Gnankambary brings over thirty years of experience in Burkinabè financial administration to his new role.
- The merger is expected to be completed in early 2027, with the new entity retaining the Vista Bank brand.
