The Agricultural Development Bank (ADB) recently celebrated a significant milestone in the life of Edward Ato Sarpong, the one-year anniversary of his appointment as Managing Director of the Bank.

The one-year anniversary also coincided with the Bank’s annual Thanksgiving Service, which expressed gratitude to God for a successful 2025 and sought God's grace in 2026.  

As part of the activities, staff expressed their gratitude to management, particularly the Managing Director, Edward Ato Sarpong, for his leadership in driving the Bank's strong turnaround and positioning it to achieve its new strategic goal of becoming one of the top three banks in Ghana.

In a heartfelt message, staff thanked Mr Ato Sarpong for his vision and dedication, saying, "We thank God for you, Sir, and we pray that the good Lord continues to grant you good health as you lead ADB towards achieving our new strategic vision." 

Mohammed Ali, Head of Marketing and Communications, praised Mr Ato Sarpong's leadership style, describing him as a leader who motivates and inspires confidence among employees.

"He's a leader who motivates and inspires confidence among employees," Mr Ali said.

Mr Ato Sarpong brings extensive experience in business and leadership to his role, having served as Managing Director of Africaonline and Chief Operating Officer of K-Net.

He was also Deputy Minister of Communications from July 2014 to January 2017, serving under President John Mahama.

The celebration reflected the significant progress ADB has made under Edward Ato Sarpong's leadership.

ADB reported strong financial performance for the third quarter of 2025, with profit before tax reaching GH¢447.49 million, up 153.66% from GH¢176.41 million in the same period in 2024.

The Bank also demonstrated strong liquidity, recording a liquid ratio of 130% in 2025 Q3, well above the regulatory threshold.

The Bank’s total assets grew by 17%, rising from GH¢13.87 billion in September 2024 to GH¢16.22 billion as of September 2025, reflecting continued balance sheet expansion driven by robust growth in investment securities and deposits.

Also, net investment securities rose significantly to GH¢6.45 billion from GH¢4.71 billion in the same period last year. All other performance indicators also witnessed significant upward trends in the third quarter of 2025.

The Bank is expected to publish its 2025 year-end financials by the end of March 2026 and is pursuing its strategic vision of becoming one of the top three banks in Ghana, globally admired for its people, processes, and performance.