Audio By Carbonatix
The Agricultural Development Bank has denied media reports that its MD Stephen Kpordzih s stepping down by January 2016.
The denial follows reports that the MD’s contract has not been renewed by the Board, per a letter handed over to him on December 29, 2015.
But in statement, the bank said “We wish to state emphatically that there has not been any communication from the board to the Managing Director about the non-renewal of his contract”
According to the statement, its last Board meeting was on the 23rd December 2015 and the future status of the Managing Director, Mr. Stephen Kpordzih was not part of the agenda and was never discussed since his contract extension has not expired.
It adds that the Marketing & Communications department of the bank is always available for any clarification on issues and we hope the radio station will explore the cordial relationship that exists.
The Bank is however assuring its customers to disregard the news item and be assured of a successful IPO by the Bank.
Latest Stories
-
Ghana and Afreximbank announce successful resolution of $750 million facility
1 hour -
IGP inaugurates Ghana Police Music AcademyÂ
2 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
2 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
2 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
2 hours -
Why the fight against neglected tropical diseases is far from over
2 hours -
Reported losses from gold operations in 2025 remain speculative – BoG
2 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
3 hours -
Amaarae returns to Accra for homecoming concert
3 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
3 hours -
BoG set to exit gold trading business, describes IMF’s losses tag as premature
3 hours -
Minerals Commission Board member warns Blue Water Guards against bribes
3 hours -
Santasi–Ahodwo dualisation takes off; businesses given final eviction deadline
3 hours -
Proposed 5-year presidential term will not apply to current President – Prof Prempeh
3 hours -
Key observations on the Constitutional Review Commission Report submitted to President Mahama
3 hours