Economist and former Chief Executive of Unilever Ghana, Dr Ishmael Yamson has announced his retirement from the Board of Standard Chartered Bank Ghana.

According to a circular released to investors, Dr Yamson would be stepping down officially by the end of this month.

Dr Yamson told JoyBusiness in an interview that he believes it’s the right time to part ways after several years of serving at the bank, “I think I have done my best for the bank and its time to move on.”   

Dr Yamson also told the shareholders at the Bank’s Annual General Meeting that “I am proud to be part of the achievement of the Bank so far.”

He also expressed confidence in the current management of the Bank and encourage them to do more, “I believe that my successor would do more to move the bank forward.”

The Renowned economist was in 2005 appointed as Chairman of the Board of Standard Chartered Bank. He has played several roles to help grow the bank.

Dr Yamson and Corporate Ghana

Dr Ishmael Yamson has served as Independent Non-Executive Chairman of Standard Chartered Bank Ghana Ltd. since February 1, 2005. He is the former Chief Executive of Unilever Ghana and current Chairman of the Board of Unilever.

He is a Member of the President's Economic Advisory Council and Chairman of the Board of Ghana Investment Promotion Council.

Ishmael’s career has spanned almost four decades and he is a well-known corporate executive in Ghana.

He is the first African to be appointed by Unilever as Chairman of a Unilever company offshore and served as Chief Executive Officer and Chairman for 18 years at Unilever Ghana.

Dr Yamson has held many private sector positions including President of the Ghana National Chamber of Commerce, Ghana Employers’ Association and the Private Enterprise Foundation in Ghana.

He was also a founding director of the Ghana Stock Exchange and founding member of the Centre for Policy Analysis.

He currently serves on the boards of MTN Ghana, Mantrac Ghana, Benso Oil Palm Plantation Ltd and Ghacem Ltd. Ishmael is a prolific speaker and well known for his authoritative speeches on the economy of Ghana and global issues.

He contributed to the ICC publication, “The New Europe in the New World Economy” at the ICC 33rd World Congress, Budapest 2000. He has spoken at several international conferences including the World Economic Forum in South Africa