
Audio By Carbonatix
The Managing Director of the National Investment Bank (NIB) is confident the bank will soon experience a rebound in its operations and take an enviable place in the banking industry.
Samuel Sarpong said this at a recent durbar aimed at boosting staff morale towards the attainment of the bank’s transformational agenda for the bank.
He noted that it was crucial for both the management and staff to be well informed about the current position of the Bank to help them appreciate the task ahead.
The highly experienced banker who spearheaded the re-positioning of GCB Bank is poised to replicate that feat at NIB following his recent appointment.
Mr Sarpong said NIB possesses the needed structures and competencies for growth.
He, however, added that “for the Bank to attain its vision, all aspects of the business will have to be realigned.
Citing some of the to-do’s he stated the restoration of tenets of good corporate governance and improved financial performance backed by a strong financial reporting integrity as well as products and services enhancement and digital banking offerings.
On his vision for the bank, Mr Sarpong said, “I see a well-managed, modern and highly profitable Ghanaian-owned bank, offering solutions that help businesses grow, and supporting Ghana’s industrialization agenda. Only a profitable NIB would give us the clout to employ a lot more staff, and the ability to facilitate growth and sustenance of other businesses.
“A highly profitable NIB would also put us in a position to embark on highly effective Corporate Social Responsibility initiatives like building schools, boreholes, etc.”
He added that “a good and strong leadership, coupled with strict adherence to corporate governance practices and a strong desire to meeting all Bank of Ghana as well as international regulations, and deploying state-of-the-art banking solutions are some of the key measures that will be taken to bring about the desired reinvigoration at NIB.”
To achieve all these as timely as possible, Mr Sarpong implored all staff of the Bank to among other things be more disciplined, strive for high performance and excellence, and be willing to go the extra mile.
Latest Stories
-
Trump asks Congress for $87.6bn for Iran war after Republican showdown
58 seconds -
Explorco to start Voltaian Basin oil drilling in 2026 as Sentuo refinery expands to 100,000 barrels per day
5 minutes -
GJA seeks legal guidance after journalist Larry Dogbey is jailed for contempt
11 minutes -
NPP refers petitions against Kennedy Agyapong to disciplinary committee
12 minutes -
Families lay flowers on barbed wire barricade on anniversary of deadly Kenya protests
15 minutes -
Ryanair says it will reluctantly not charge parents to sit next to children
26 minutes -
Sentuo Refinery expansion to drive petrochemical and industrial investment — Trade Minister
44 minutes -
Rawlings legacy demands institutional discipline, not symbolism — Opong-Fosu
44 minutes -
Chaos erupts at NPP NEC meeting as security clash with ‘Ken Must Go’ protesters (Video)
51 minutes -
Sedina Tamakloe was not in prison custody until June 24 — Minority
54 minutes -
Police arrest 13 suspected drug peddlers in Kumasi anti-narcotics crackdown
55 minutes -
The rules are ready the people are not: Why continuous professional development will define financial industry’s future
1 hour -
Fire destroys distribution truck and cargo in Assin Fosu
1 hour -
Africa’s expanded World Cup presence proves continent’s football quality – Herbert Mensah
2 hours -
Ten suspected Nigerian sex workers arrested at Chirano in Western North Region
2 hours