Yaounde, Cameroon – 24 June 2013
Obed Fung, an Economist and President of Zumtaris Consulting, has been appointed Director of the Denis & Lenora Foretia Foundation effective 1st July 2013. He will also serve as a Fellow of the Nkafu Policy Institute. Mr. Fung brings significant private sector and academic experience to the Foundation and will direct the implementation of the foundation’s strategy in the country.
“We are very excited by the energy and experience that Mr. Fung brings to the foundation,” says Co-Chair Dr. Denis Foretia. “He is innovative, smart and strategic and has the management skills to oversee the transformation that we seek in our communities, in our neigbourhoods and in our country.”
As Director of the foundation, Mr. Fung will be responsible for overall strategic planning, financial management, organizational development, staff management and program operations. He will advocate for and represent the foundation at various functions and will cultivate a strong partnership with the Board in setting up policies. He will also active engage the public, policy makers and the diplomatic corps to facilitate the adoption and implementation of policies that spearhead the economic transformation in the country.
“I am very excited by this opportunity because it is my belief that the changes we seek will be greatly accelerated if we find solutions that create jobs, especially the daunting problem of youth unemployment” remarked Mr. Fung. “These are challenges that we must begin to actively tackle and I look forward to making this a priority here.”
Mr. Fung holds a Masters in Financial, Monetary and Mathematical Economics from the University of Yaoundé II Soa. He obtained a Bachelor’s degree in Economics Sciences from the same university and prior to that was at the Cambridge International College – the British College of Professional Management in Buea in Banking and Finance.
Until now he has been an Instructor in Financial Analysis, Accounting, Saage Saari (Accounting and Commercial Management), Taxation, Financial Mathematics, Economics and English Language in Powerbache Education – a vocational institution in Yaoundé. He has also taught English language as part time in the School of Foreign Languages and Information Technology, Hermes International, AKC Solutions International and a few others.
M. Christophe DONGMO