The new Managing Director of Ghana Commercial Bank Limited (GCB), Mr Simon Dornoo has assumed duty.

Mr Dornoo takes over from Mr Lawrence Adu-Mante who retired from service on Wednesday, March 3, 2010.

With a wealth of experience in banking and finance in Ghana and an extensive international exposure gained in the United Kingdom and South Africa, the new Managing Director is well placed to lead Ghana’s largest Bank with a network of 157 branches and 15 agencies across the country.

He joins GCB from Barclays Bank where he worked in various Senior Management positions from January, 1999 to March, 2010.

He worked locally with Barclays Bank of Ghana as Finance Director and Country Treasurer as well as with Barclays PLC, U.K. being the first African to be appointed as Finance Director for Barclays Africa and the Indian Ocean with oversight responsibility for ten countries.

Simon, 48, began his professional career with KPMG in 1985 where he trained and later worked as an Audit Senior until 1990.

As one of the pioneers of CAL Bank in 1990, he was the first Financial Controller and he subsequently held other senior level positions in the bank until December, 1998.

Simon has served on various Boards mainly in the financial services sector.

He is a qualified Chartered Accountant (CA Ghana) and has an MBA degree from Manchester Business School, United Kingdom.