UT BANK makes two major appointments
The Board of Directors of UT Bank has appointed Mr Stephen Antwi-Asimeng as the Chief Operating Officer (COO) and Ms Gillian Slater as the Chief Finance Officer of the bank.
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The appointment of the two took effect from April 1, 2015.
Both top-notch appointments, according to a release issued in Accra, are key to contributing to the long-term profitability drive of UT Bank.
It said the appointments come at a time when the bank reaffirmed its commitment to providing customers with high standards of product and service offerings and full support to the growth of the small and medium enterprise (SME) sector.
Prior to his appointment as Chief Operating Officer of UT Bank, Mr Antwi-Asimeng was the Chief Operating Officer of the Universal Merchant Bank and is expected to drive the new strategic direction of being the preferred bank in the country.
“Mr Antwi-Asimeng, who brings on board over 25 years of solid professional experience in banking & finance, investment, management and leadership, will be directly responsible for banking operations, banking technology, compliance, service quality and general services.
The new COO, the release said, started his banking career in 1991 with the National Investment Bank Limited, and then Ecobank Ghana Limited (from 1995 – 1998) where he initially worked as a credit officer, later joining the bank’s capital markets team as senior corporate finance officer. In 1998, Stephen joined the Fidelity Group (now Fidelity Bank). He held several positions in the group, including starting the group’s lending business and building its investment banking portfolio. From 2004 to 2013, he held the role of managing director of Fidelity Capital Partners Limited, a member of the Fidelity Group.
He holds a Master of Arts degree in Banking & Finance from the University of Wales, UK and a Bachelor’s degree in Economics from the University of Ghana. He has also received executive education from reputable institutions, including the Amsterdam Institute of Finance and Harvard Business School.
The release said Ms Slater is a seasoned financial professional, with over 20 years of experience gained in several multinational organisations.
She is tasked to drive financial performance with direct supervision over the finance, treasury, and investor relations functions.
Until her appointment, Ms Slater was the Chief Financial Officer of UT Holdings, the parent company of UT Bank, and has been involved in a number of successful rationalisation, growth and turnaround strategies for some of the subsidiaries in the UT Group.
Ms Slater has unparalleled experience in conducting due diligence and overseeing the valuation of the entire franchise business of a leading Asian hotel chain which led to a $1 billion acquisition of the chain by Marriott International.
She has also led the development of a capital long range planning process for the second largest US Logistics organisation, US Foodservice, thereby assisting them to formulate a new strategic direction for a $1.6 billion planned capital expenditure. Ms Slater is credited as being the brain behind the valuation of the largest telecom subcontract deal worth over $80m for Vodafone Ghana and was closely involved in the selection and negotiation processes of the deal.
She holds a combined degree in French and Linguistics from the University of Ghana, Legon. She did her MBA studies at the University of Westminster and is a chartered accountant.