Ex-Credit Suisse boss to run for Ivory Coast president

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Introduction to the Presidential Candidate

Former Credit Suisse boss Tidjane Thiam has announced his candidacy for the upcoming presidential election in Ivory Coast. This news has been confirmed by his party, marking a significant turn in his career. Thiam, who is 62 years old, was the sole candidate vying for the position to represent the country’s main opposition party, the PDCI.

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Background and Career

Thiam has spent the last two decades living abroad. In order to be eligible to stand in the presidential election, he had to renounce his French citizenship. His career is notable for the various directorship positions he has held in leading international businesses. These include Aviva, Prudential, and notably Credit Suisse, from which he resigned following a spying scandal. This diverse background could potentially influence his approach to governance.

The Election Landscape

The governing RHDP party has not yet confirmed its candidate for the election. However, the current president, Alassane Ouattara, who is 83 years old, has expressed his desire to run in the October poll. This sets the stage for an interesting contest, especially considering Thiam’s profile and the fact that he will be challenging an incumbent.

Challenges and Opportunities

Thiam’s candidacy brings both challenges and opportunities. His international experience could be seen as a strength, bringing a global perspective to the presidency. However, his extended period of living abroad might also raise questions about his connection to the daily issues faced by the people of Ivory Coast. The spying scandal at Credit Suisse could also be a point of scrutiny during his campaign.

Conclusion

Tidjane Thiam’s decision to run for president in Ivory Coast’s forthcoming election marks an interesting turn in the country’s political landscape. With his unique blend of international business experience and now, a renewed commitment to his country of origin, Thiam’s candidacy is sure to attract attention. The outcome of the election will depend on how the electorate perceives his strengths and weaknesses, as well as how effectively he can connect with the people of Ivory Coast and address their concerns. As the election approaches, it will be crucial to watch how Thiam’s campaign unfolds and how he navigates the complexities of Ivory Coast’s political terrain.

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