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    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

    Policy Rate increased by 100 basis points; now at 28%

    Africa loses $88bn annually through illicit financial flows – Akufo-Addo

    AMA to roll out digital revenue collection system in March 2023

    We will not layoff Vodafone staff – Telecel

    Petrol to sell for GHS15 in February – IES

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Ghana’s public debt stock hits ¢575.7bn in November 2022; more than 90% of GDP – BoG

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

    Zenith Bank ceases trustee services in unit trust schemes in Ghana

    Gold for oil policy will reduce pressure on forex – Bawumia

    Ghana best place for business – Nana Addo woos UAE investors

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    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

    E-commerce in Ghana – statistics & facts

    Telcos ready to begin deactivating unregistered SIMs – Chamber of Telecommunications

    Malagasy delegation completes tour of Ghanaian Fintechs and MFIs

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    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

    Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns

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ADB Bank PLC appoints Alhassan Yakubu-Tali as Managing Director

bycitibusinessnews
November 28, 2022
in Local Economy, News
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Agricultural Development Bank PLC (ADB) has appointed Alhassan Yakubu-Tali as its new Managing Director, effective 1st December 2022.

His appointment follows a successful approval by shareholders as well as regulatory approval received from the Bank of Ghana (BoG) respectively, after the retirement of Dr. John Kofi Mensah whose tenure ends on the 30th November 2022.

A seasoned investment banker with over 20 years of international experience, Mr. Yakubu-Tali until his appointment, served as the Deputy Managing Director of the Bank for the past 5 years.

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He is a result oriented professional with exceptional skills in people management, developing new businesses, risk management and adaptable to new organisational culture.

He had oversight responsibility over the Bank’s Business Banking, Agribusiness and Operations Divisions as well as the 87 retail outlets of the Bank. He was principally in charge of the Bank’s Business units and was responsible for the operational performance, driving and implementing a strict performance culture in the Bank as well as providing support to the Managing Director to create an environment that promotes staff commitment to the organisational vision, mission and strategy.

Mr. Yakubu-Tali holds a Business Administration and MBA (Marketing) from the City University, Bellevue, USA (Frankfurt Campus); Diploma 1 & 2 (Business Administration) from West London College, London.

He currently serves on the Boards of Agridev Limited, the Forestry Plantation Development Fund Management and the Cotton Development Authority.

As Deputy Managing Director and Chairman of the Bank’s Strategy Implementation Committee, Mr. Yakubu-Tali comes on board the position of Managing Director with first-hand knowledge of the Bank’s trajectory and is expected to lead the next phase of the Bank’s growth.

Commenting on the appointment, the ADB Board Chairman, Daasebre Akuamoah Agyepong II, congratulated Alhaji Yakubu-Tali on his new appointment.

“On behalf of the Board, we wish to congratulate Mr. Yakubu-Tali on his appointment and also assure him of our support, having been the Deputy Managing Director for the past five years, we are optimistic he will lead the Bank to higher heights” he said.

Mr. Yakubu-Tali expressed his appreciation to shareholders and the Board “I wish to thank all our shareholders and the Board of Directors for this opportunity to serve as Managing Director and thank my immediate predecessor, Dr. John Kofi Mensah for leading the team to position the Bank better than it was in 2016.”

“I look forward to a more fruitful working relationship between the Board, Management and Staff to ensure we position our Bank as the best Bank in Agribusiness financing and most customer focused Bank in the country” he said.

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