The six-year tenure of the Managing Director of GCB Bank Limited is set to end on March 3, 2016, officials have confirmed.

Simon Dornoo is said to pursue other interests after his exit.

The bank stated in a press release said that Mr Dornoo led the Executive Management team of GCB to transform the Bank and reposition it, making it one of the best performing banks in the country.

“The Board, Management and Staff of GCB Bank are privileged to have worked closely with him to propel the Bank to its current status and wish to express their profound gratitude to him for his period of dedicated service to the Bank,” the statement added.

However, Chief Operating Officer Samuel Sarpong will be acting as Managing Director as the Board begins steps to replace Mr Dornoo.