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Aivo ANDRIANARIVELO

Governor / Central Bank of Madagascar
Aivo ANDRIANARIVELO

Aivo Handriatiana ANDRIANARIVELO was appointed Governor of Banky Foiben’i Madagasikara by the Council of Ministers on 04 January 2023, after working for 30 years as an economist in banking and finance. An economist with in-depth knowledge of capital markets and a specialist in banking operations, he also has solid experience in business management, project diagnosis and set-up and financing, as well as in the management of public and private funds. Before becoming Governor of BFM, Aivo Andrianarivelo worked as an Executive Director and member of the Board of Directors of the International Monetary Fund, representing 23 countries in Africa II. He gained previous experience at bank level, then with Catholic Relief Services as Finance Director. He then became Managing Director and Chairman of the Board of Directors of Fonds de Portage et de Privatisation, a company that manages and sells shares on behalf of the Malagasy government. He then served as a technical adviser in the office of the Minister of Economy and Finance, prior to his position as Executive Director of the International Monetary Fund (IMF). A graduate in economics and banking techniques, he has also completed a number of training programmes in foreign exchange, money markets, foreign exchange, capital markets, project structuring, management and leadership.