Audio By Carbonatix
Bank of Africa Ghana Limited has announced the appointment of Ellis Erasmus Katwebaze as its new Deputy Managing Director, effective August 19, 2026. The appointment, which has received approval from the Bank of Ghana, as well as the local and Group Boards of Bank of Africa, is part of the bank’s strategic efforts to strengthen its executive leadership and drive its growth agenda.
In a statement released on August 20, 2026, the bank highlighted Mr. Katwebaze’s extensive experience in banking and financial services, with particular expertise in credit risk management, strategic leadership, operational oversight, and stakeholder engagement.
Prior to his new role, Mr. Katwebaze served as General Manager, Credit & Control at Bank of Africa Uganda and Tanzania. In that capacity, he provided strategic direction and oversight for credit analysis and underwriting, focusing on managing credit risk, safeguarding shareholder value, and supporting sustainable growth within the bank’s credit portfolio.
His strong background in credit management is expected to complement Bank of Africa Ghana’s broader strategic objectives as it seeks to enhance financial performance and expand its services to customers across key sectors of the Ghanaian economy.
As Deputy Managing Director, Mr. Katwebaze will work closely with Managing Director Abderrahmane Belbachir and the wider Executive Management Team to implement the bank’s strategic priorities. His role will include driving business growth, strengthening operational effectiveness, improving performance, and enhancing the overall customer experience.
Commenting on the appointment, Mr. Belbachir welcomed Mr. Katwebaze to the bank’s executive leadership team.
“We are happy to welcome Ellis to the Executive Leadership team of Bank of Africa Ghana. His wealth of experience, leadership capabilities, and deep understanding of the banking industry will be invaluable as we execute our strategic agenda,” he said.
Mr. Belbachir expressed confidence that Mr. Katwebaze’s contributions would help position the bank for sustained growth while delivering greater value for customers, employees, shareholders, and other stakeholders.

In response, Mr. Katwebaze said he was honoured to join Bank of Africa Ghana and looked forward to working with the board, management, and staff to build on the bank’s achievements.
“Together, we will remain focused on scaling up the Bank’s growth by delivering innovative, customer-centric solutions while strengthening the Bank’s position as a trusted financial partner in Ghana,” he added.
The appointment comes at a time when Bank of Africa Ghana is expanding its footprint in the country’s financial services sector and deepening its support for businesses and institutions across the economy.
The bank reaffirmed its commitment to providing accessible, innovative, and sustainable banking solutions to individuals, small and medium-sized enterprises, corporates, and institutions. It also reiterated its dedication to creating long-term value for all stakeholders as it pursues its growth ambitions in Ghana.
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