D. Manuel Osa Nsue Nsua (born 21 July 1976) is an Equatoguinean politician and banker who is the current prime minister of Equatorial Guinea, serving since on 17 August 2024. He previously served as the head of the national bank from 2012 until his appointment as prime minister.
Manuel Osa Nsue Nsua | |
|---|---|
| Prime Minister of Equatorial Guinea | |
| Assumed office 17[citation needed] August 2024 | |
| President | Teodoro Obiang Nguema Mbasogo |
| Preceded by | Manuela Roka Botey |
| Personal details | |
| Born | 21 July 1976 Andom-Onvang, Nsok-Nsomo, Equatorial Guinea |
Early life
editOsa was born on 21 July 1976, in Andom-Onvang, in the municipality of Nsok-Nsomo, Equatorial Guinea.[1] At the age of six, he moved to Spain to live with his sister in Palma de Mallorca.[2] In Spain, he earned his baccalaureate and then enrolled at the University of the Balearic Islands, studying business sciences and economics.[2] He received degrees in both fields and later studied further at Pompeu Fabra University, where he earned a master's degree in financial management and business accounting in 2005.[1]
Career
editAfter Osa graduated from Pompeu Fabra, he briefly served with the General Directorate of Economy of the Autonomous Community of the Balearic Islands, before then joining the Santander Bank later in 2005.[2] Serving with the Palma de Mallorca branch, he rose from account manager to executive director to the branch's general director.[2] In this role, he was the supervisor of the bank's operations in four zones and also helped make decisions for the Madrid office.[2]
In 2012, Osa returned to his birth country and became the chief executive officer of the Banco Nacional de Guinea Ecuatorial (BANGE, National Bank of Equatorial Guinea).[3][4] The bank, based in Malabo, is the only private lender headquartered in Equatorial Guinea.[5][6] Osa took over BANGE as it was on the verge of bankruptcy and successfully turned it around, with Jeune Afrique dubbing him the bank's "savior."[1] As CEO and the general director of the bank, he oversaw major expansion, reaching 22 branches by 2017 and establishing its first office in Spain that year.[6] By 2019, offices had been established in all but two of the districts in the country.[7] In addition to leading the bank in Equatorial Guinea, Osa also served on the board of directors for its Cameroon office.[8]
Osa received several honors for his direction of BANGE.[9] In 2016, he was named the Equatorial Guinea Banking CEO of the Year and BANGE was named the country's bank of the year as part of the Global Banking & Finance Awards.[9] BANGE was named the Equatorial Guinea Bank of the Year by The Banker for 2017, with the publication highlighting its stability despite a market crash.[10] Osa also received an award from the African Banker in 2019.[11] BANGE was named the country's Bank of the Year by The Banker again in 2022.[12] Osa also served with the Bange Business School as the chairman of the board of directors, starting in 2020.[13]
On 16 August 2024, president Teodoro Obiang Nguema Mbasogo decreed Osa as the next Prime Minister of Equatorial Guinea, succeeding Manuela Roka Botey, who had resigned along with the rest of the government for being "ineffective."[5][8] In the president's decree, Osa was named to oversee the country's "administrative coordination."[3] His appointment was made as the country entered into an economic crisis.[5]
References
edit- ^ a b c Devey Malu-Malu, Muriel (30 June 2016). "Entrepreneurs en Guinée équatoriale : Manuel Osa Nsue Nsua, le sauveur de la Banque nationale" [Entrepreneurs in Equatorial Guinea: Manuel Osa Nsue Nsua, the savior of the National Bank]. Jeune Afrique (in French).
- ^ a b c d e Wandji, Arthur (17 August 2024). "Qui est Manuel Osa Nsue Nsua, le nouveau Premier ministre de Guinée équatoriale ?" [Who is Manuel Osa Nsue Nsua, the new Prime Minister of Equatorial Guinea?]. EcoMatin (in French).
- ^ a b Ndongmo, Kathleen (17 August 2024). "Equatorial Guinea's President Names New Prime Minister". News Central Africa.
- ^ Jimenez, Jose. "Untitled" (in Spanish). Bange Business School – via Wayback Machine.
- ^ a b c Hoije, Katarina (17 August 2024). "Equatorial Guinea Leader Taps Ex-Banker to Tackle Graft". Bloomberg News.
- ^ a b "El Banco Nacional de Guinea Ecuatorial (BANGE), inaugura su primera oficina en España" [The National Bank of Equatorial Guinea (BANGE) opens its first office in Spain]. Moneda Única (in Spanish). No. 159. 6 March 2017. p. 15 – via Issuu.
- ^ "Manuel Osa NSUE NSUA: Somos el mejor banco de Guinea Ecuatorial, los logros están a la vista de todos" [Manuel Osa NSUE NSUA: We are the best bank in Equatorial Guinea, the achievements are visible to everyone]. Guinea Infomarket (in Spanish). 10 December 2019.
- ^ a b Nvó Acaba, Bélgica (17 August 2024). "ÚLTIMA HORA: Manuel Osá Nsue Nsua, nuevo primer ministro de Guinea Ecuatorial" [BREAKING NEWS: Manuel Osá Nsue Nsua, new prime minister of Equatorial Guinea]. Ahora EG (in Spanish).
- ^ a b "Global Banking and Finance Awards 2016". The European Magazine.
- ^ "Bank of the Year Awards 2017 – Africa". The Banker. 29 November 2017.
- ^ "Untitled". African Banker. No. 49. 2019. p. 7 – via Exact Editions.
- ^ "The Banker galardona a BANGE como mejor banco en Guinea Ecuatorial del año 2022" [The Banker awards BANGE as the best bank in Equatorial Guinea of the year 2022]. Guinea Ecuatorial Press (in Spanish). 2 December 2022.
- ^ "Manuel osa Nsue Nsua". LinkedIn.