Audio By Carbonatix
Government has appointed former Managing Director of CalBank Frank Adu Jnr as the Chairman of a newly constituted Board of Directors of National Investment Bank (NIB).
Mr. Adu Jnr will chair a 9-member board.
The members of the Board include Dr. Doli-wura Awushi Abdul-Malik Seidu Zakarai (Managing Director) , Dr. Othniel Ekow Kwainoe, Ebenezer Kwaku Addo, Dr. Mrs. Mercy Naa Aku Ofei-Koranteng and Dr. Shani Bashiru
The rest are Mr. Max George Cobbina, Dr. Kwasi Akyem Apea-Kubi and Dr. Alfred Attuquaye Botchway.
“Under this new leadership, NIB will operate with the independence and professionalism it deserves. I am pleased to announce that the government has made a bold decision to recapitalize NIB”, a statement on the Facebook page of Finance Minister Dr. Cassiel Ato Forson said.
It explained that a fuller details of the comprehensive recapitalization plan of the bank will be unveiled during the upcoming mid-year review.
“I extend my congratulations to the newly inaugurated board, led by Mr. Frank Adu Jnr”, the statement said.
Latest Stories
-
We are committed to leaving a legacy in Mandari – Bole-Bamboi MP
1 minute -
Greater Accra teachers resume work after strike suspension
9 minutes -
Education Minister assures teachers of salary adjustments by October 16
15 minutes -
Abass Osabutey declares bid for NDC Deputy National Organiser position
16 minutes -
Education Minister inaugurates NDU Governing Council, announces $25m seed funding
25 minutes -
THE LAW 101: La Beach Demolitions – The State’s own documents, the courts’ orders – and the bulldozers
27 minutes -
DVLA contributes GH¢17.7m to Consolidated Fund in 2025
31 minutes -
Why disaster risk reduction must connect early warnings, preparedness and financial protection to household-level resilience
38 minutes -
The AI Gold Rush: Who strikes gold and who gets left behind?
1 hour -
Australia visa scandal: Pius Hadzide says failed checks left him carrying the blame
1 hour -
Pius Hadzide rejects blame for journalists’ visas in 2018 Australia scandal
2 hours -
What Is Wrong With Us: We queue for the Colosseum while our own Castles crumble
2 hours -
Dangote IPO fever could deepen Africa’s capital markets, Citi Bank executive says
2 hours -
US hopes diesel deal can ‘soften’ Moscow on peace talks, sources say
2 hours -
Oil falls as Russia diesel supply prospects counter Gulf supply risks
2 hours