Governor commends Access Bank for its recapitalization effort

Bank of Ghana Governor Dr. Ernest Addison has commended Access Bank for the efforts it has made to recapitalise as a going concern.

He made this remark when a delegation from the bank, led by its Board Chairman Mr. Frank Beecham, paid a courtesy call on him at his office in Accra.

The visit was to afford the new Managing Director of Access Bank, Kris Ifeanyi Njoku, an opportunity to formally introduce himself to the Governor and pledge the bank’s support in growing a stable banking industry.

Accompanying the Board Chairman and newly-appointed Managing Director were Mr. Dolapo Ogundimu, the immediate past-Managing Director of Access Bank (who is also a Non-Executive Director on the Board), and Ms. Abena Amoah, a Non-Executive Director.

The visit formed part of a series of engagements to help the new MD familiarise himself with regulators and other key stakeholders in the industry.

Mr. Njoku used the visit to thank the Governor and his team for the support given Access Bank so far and requested their continued guidance in its operations.

Access Bank, he noted, is strongly pursuing the financial inclusion agenda as part of its strategy to become a leading retail bank in Ghana, and thus requests the central bank’s support in rolling out some of its new initiatives.

The Bank of Ghana recently approved the appointment of Mr. Njoku as Access Bank’s new Managing Director, effective June 28, 2018, which will see him execute the bank’s new five-year strategic objective.

Until his appointment, Mr. Njoku was the Executive Director responsible for Business Development at Access Bank Ghana, and the immediate past-Country Managing Director for Access Bank DRC. He has over two decades of diversified banking experience working across various markets in Africa and the UK, and has built a high pedigree as an astute banker.