Farihan Alhassan appointed new GCB Bank MD

GCB Bank, Ghana's largest commercial bank, has announced the appointment of Farihan Alhassan as its new Managing Director with immediate effect. 

Mr Alhassan, a seasoned banking professional with over two decades of experience, takes over from Kofi Adomakoh, who resigned from the position.

At 44, Mr Alhassan brings a wealth of experience to his new role, having previously served as the Executive in Charge of Business and Commercial Banking at Stanbic Bank Ghana. During his tenure, he successfully led key business units, driving significant growth in customer engagement and operational efficiency.

Strategy

Mr Alhassan's appointment is seen as a strategic move to bolster GCB Bank's leadership and reinforce its position as a dominant force in the Ghanaian banking sector.

Industry experts anticipate that his dynamic approach would lead GCB Bank into a transformative era characterised by enhanced innovation, financial inclusion, and customer-centric strategies.

Leadership

Throughout his career, Mr Alhassan has demonstrated exceptional leadership and a commitment to performance management.

He made headlines at just 26 when he became the youngest regional manager at Barclays Bank (now Absa).

His ascent through the ranks continued as he took on various leadership roles, earning acclaim for his visionary leadership, strategic focus and customer-first approach.

The appointment of Mr Alhassan has generated considerable excitement within the banking and business communities, with stakeholders expressing confidence in his ability to drive sustained growth and success for GCB Bank.

As GCB Bank aims to expand its market share and adapt to the evolving demands of the financial sector, Mr Alhassan's leadership is expected to propel the bank to new heights, while continuing its legacy as a pivotal contributor to Ghana's economic development.