Central Bank of Madagascar

The Central Bank of Madagascar
Brief History

Established on 12 June 1973 as successor to the Institut d'Emission Malgache (established 1 April 1962).


Aivo H Andrianarivelo
E: cab.gov@bfm.mg
Terms of appointment: term began in January 2023.

First Deputy-Governor

Niaina Rabearivony
E: ast.gl1@bfm.mg
Terms of appointment: term began in May 2022.

Second Deputy-Governor

Aubin Aurore Belalahy
E: ast.gl2@bfm.mg
Terms of appointment: term began in May 2022.

Secretary General

Augustin Seheno Ranaivoson (Banking and Finance Supervision

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