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February 14, 2026 (KHARTOUM) – On Saturday, the Central Bank of Sudan established an administrative committee to assume control of the Animal Resources Bank, a decision made in response to ongoing conflicts regarding the bank’s ownership.

Bank shareholders claim that the Rapid Support Forces (RSF) obtained a majority of the shares prior to the war’s start in April 2023, resulting in the armed group holding a 60% ownership. In August 2024, the central bank stated that RSF members and associates were part of the institution’s partners.

The central bank announced in a statement that its governor issued an order establishing the committee to take over the responsibilities of the board of directors, manage administrative tasks, and guarantee the ongoing functioning of the bank.

Mohamed al-Hassan Ziyada al-Haj will lead the committee, which also comprises Mohamed al-Hassan Mohamed Ahmed al-Khalifa, al-Hassan Makki Ahmed, and Mohamed Ahmed Adam Zain al-Abidin.

The committee has been given all the authority of a board of directors and must provide regular performance updates to the central bank governor every three months.

The Animal Resources Bank, a publicly traded company, serves as one of Sudan’s key financial entities that supports the livestock industry, an essential part of the nation’s rural economic structure.

Khaled Mohamed Khair, chairman of the bank’s shareholders’ committee, informed Sudan Tribune that the central bank’s decision was a favorable action. He mentioned that the committee approved the move, having previously opposed what it referred to as RSF efforts to take over the bank’s assets and properties.

Khair mentioned that shareholders had previously called on the central bank to remove the general manager and send inspection teams from both the central bank and the Auditor General to examine alleged violations connected to the RSF.

He mentioned that the committee has initiated legal actions against the bank’s leadership and its chief executive officer with the Public Funds and Anti-Corruption Prosecution.

The financial institution has faced ongoing instability, with 2023 reports showing that deposits amounting to roughly 5 trillion Sudanese pounds ($8.3 billion) were withdrawn due to claims of financial and administrative misconduct.

In 2018, the central bank is said to have sold 52% of its stake in the lender for $4 million, despite the institution’s assets being valued at approximately $330 million the prior year.