GCB Bank PLC has announced the appointment of Professor Joshua Alabi as its new Board Chairman, effective immediately. This follows the resignation of Mr. Daniel Kwaku Tweneboah Asirifi as Director and Chairman of the Board.
“The Board has today approved the nomination and appointment of Professor Alabi as an Independent Non-Executive Director and Chairman of the Board of Directors effective immediately subject to shareholders’ approval at the upcoming Annual General Meeting, Bank of Ghana and other regulatory approvals,” the Bank said in a statement.
Professor Alabi, a distinguished academic, seasoned administrator, and renowned business strategist, brings over three decades of experience in academia, public service, and corporate leadership to the role.
His impressive background includes serving as Chairman of HFC Bank, leading its transformation into Republic Bank, as well as being a former Vice-Chancellor of the University of Professional Studies, Accra (UPSA).
As a seasoned administrator and renowned business strategist, Professor Alabi is expected to drive GCB Bank’s vision of becoming a key player in Ghana’s banking sector. His leadership is anticipated to foster innovation, operational efficiency, and customer-centric services.
Commenting on his appointment, Professor Alabi expressed his gratitude to the Board of Directors for their confidence in him. “I am deeply honoured to lead GCB at this pivotal moment. Together with the Board and management, we will work tirelessly to strengthen GCB’s position as a leading financial institution in Ghana and beyond,” he said.
The appointment is subject to shareholders’ approval at the upcoming Annual General Meeting, as well as approval from the Bank of Ghana and other regulatory bodies.
With his diverse background in education, public service, and corporate governance, Professor Alabi is poised to lead GCB Bank towards achieving its strategic objectives and becoming a dominant force in Ghana’s banking industry.