As is often the case, the history of a company is tightly linked to that of a man. GMC is no exception to this rule. The project of setting up a mutual company had been caressing the mind of Jean Victor Ngue while he was on a life insurance training in a French company in 1985. Thanks to the perseverance of this graduate from Yaoundé's Insurance Institute, the idea came into fruition as he managed in 1991 to obtain a license for the foundation of a mutual company endowed with an initial setting up fund of 175 million FCFA which rapidly rose to 350 million FCFA.