Issouf Soumaré, PhD.

Vice President for Program


Prof. Issouf SOUMARÉ is a financial economist, with more than 20 years of experience, specialized in financial inclusion, international finance, financial engineering and risk management. He regularly provides advisory services and capacity building seminars for public and private administrations in Africa.

Dr. SOUMARÉ is Full Professor of Finance and the Director of International Relations of the Faculty of Business Administration at Université Laval in Canada. He is also the Director of the Laboratory for Financial Engineering of Université Laval. He is the University’s academic advisor for the MSc and MBA programs in finance and real estate. In 2011-2012, he was the Director of the PhD and MSc research programs of the Business School. His research and teaching interests include financial inclusion, international finance, risk management, financial engineering and numerical methods in finance. His theoretical and applied financial economic works have been published in leading international economics and finance journals. Prof. SOUMARE has also been a speaker and/or facilitator at several international conferences around the World. He worked for the African Development Bank (ADB) at the former Risk Management Unit from 1996 to 1998.

Prof. SOUMARÉ holds a PhD in Business Administration in Finance from the University of British Columbia (UBC, Canada), MSc in Financial Engineering from Université Laval (Canada), MSc in Statistics and Quantitative Economics (Ingénieur Statisticien Économiste) from ENSEA and MSc & BSc in Applied Mathematics from Université Félix Houphouët-Boigny (Abidjan, Côte d’Ivoire). Prof. SOUMARÉ is also a certified PRM (Professional Risk Manager) and FRM (Financial Risk Manager). He is ASC (Chartered Director) from the College des Administrateurs de Sociétés (Directors’ College) of Université Laval.

Prof. SOUMARÉ participated in activities in several countries, including: Belgium, Benin, Burkina Faso, Canada, China, Congo, Côte d’Ivoire, Ethiopia, France, Ghana, Guinea, Ireland, Kenya, Mali, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Thailand, Uganda, United Kingdom, USA and Zambia.