Tag: Dr. John Kofi Mensah
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MD of Agricultural Development Bank PLC Dr. John Kofi Mensah retires
Managing Director of the Agricultural Development Bank PLC (ADB), Dr. John Kofi Mensah, is set to retire from his position, effective end of November 2022, after serving for five years in the role. Appointed in August 2017, ADB PLC has seen a significant transformation from a loss making Bank in 2015/16 to a consistent profit…
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GAT to own 13 percent stake in ADB after supporting with recapitalization
The Ghana Amalgamated Trust (GAT) is expected to hold at least a thirteen percent stake in the Agricultural Development Bank (ADB) following the injection of GH¢127 million into the operations of the bank. GAT, on January 21, 2020, completed the processes to support ADB to recapitalize to meet the minimum requirement set by the Bank…
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ADB to partner Posco International of South Korea to establish oil palm refinery
The Managing Director of the Agricultural Development Bank (ADB) Limited, Dr. John Kofi Mensah has said the Bank is set to partner Posco International of South Korea for the establishment of a multi-million dollar oil palm refinery in Ghana. Posco International is multi-billion dollar company with expertise in establishing value chains in various areas of…