ADB Board holds maiden meeting as MD unveils strategic vision
The newly appointed Board of Directors of the Agricultural Development Bank (ADB) PLC has held its inaugural meeting, setting in motion a renewed phase of transformation for the indigenous development-oriented bank.
The board meeting was held last week Wednesday, at the bank’s head office, Accra, and led by its Chairman, Kenneth Kwamina Thompson, a renowned financial and governance expert.
It provided the platform for the board to get to know the executive management committee members of the bank, and for the Managing Director, Edward Ato Sarpong, to present his strategic vision for the ADB PLC.
Board
The ADB board is composed of members with expertise across finance, law, governance, security, policy, human resource development, among others.
They include Andrew Dari Chiwitey, Siisi Essuman-Ocran, Dr E. Prince Arhin, Misbahu Mahama Adams and the managing director of the bank.
Wing Commander Samuel J. A. Allotey, Courage Akanwunge Asabagna and Abdul Nasir M. Saani are the other members.
Vision
Briefing the meeting, Mr Sarpong said the corporate vision was anchored on driving innovation and repositioning the ADB to be among the top three banks in Ghana, and globally admired for its people, processes and performance.
As part of the presentation, the MD further highlighted the change in the bank’s corporate tagline to “Beyond Banking…”, indicating that it is not just a tagline but an unwavering commitment to Redefining Banking, Empowering Businesses, Building Futures, Driving Prosperity and Nurturing Communities.
“Our strategic direction is anchored on relevance, resilience and responsibility. The ADB is more than a bank; we are an enabler of livelihoods, a supporter of Ghanaian enterprises and a partner in progress,” the MD stated.
Support
The board chairman lauded the managing director for his clarity of purpose and pledged the board’s full support in driving the bank’s agenda forward.
“This is a new era. The board is fully aligned with the strategic direction outlined by the managing director, and we are committed to offering the needed guidance and governance to steer the ADB to greater heights,” Mr Thompson stated.
Mr Thompson further discussed initiatives, including the business drive towards fulfilling the ADB’s mandate and achieving strategic objectives.
