A banker, consultant and private businessman, Alhassan Yakubu Adam, has been appointed as board member of GCB Bank Limited.

Alhaji Adam has consequently been sworn in to start work immediately.  

The swearing-in ceremony was witnessed by the Board Chairman of the Bank, Jude Kofi Arthur and other members of the Board.

The new board member graduated from the University of Ghana Business School with a B.Sc. Administration (Banking & Finance) in 1990 and an MBA (Finance) in 2001.

He also holds a certificate in Financial Institution Analysis from the Financial Institution Analysis School of the Federal Reserve Bank, Washington DC, USA.

Alhaji Adam started his career in Banking at Merchant Bank Ghana Limited and later moved to the Banking Supervision Department of the Bank of Ghana in 1991 where he worked until 2004.

During his 13-year career at the Central Bank, his schedule included both on and off-site supervision of commercial and rural banks as well as non-bank financial institutions.

He was a member of the team that drafted the revised Banking Supervision Department’s Examination Manual and reviewed also played roles in many policy initiatives. He was also a member of the Banking Law review.

Alhaji Adam possesses a working knowledge of Financial Institution Analysis, Corporate Governance, Credit Management, Treasury and investment management, monitoring and evaluation.

He has attended several capacity building courses and acquired certificates in Bank Management, Credit Management, Advanced Credit Management, Treasury Risk Management, Asset & Liability Management, International Banking, Public Finance and Supervisory Skills amongst others.

Prior to his appointment, he was running his own business and also working as a consultant for both bank and non-bank financial institutions.

The full list of the members of the GCB Board includes Mr Arthur, Chairman; Ray Anselm Sowah, Managing Director; Socrates Afram, Deputy Managing Director (Finance) and Samuel Amankwah, Deputy Managing Director (Operations). 

Other are Nik Amarteifio, Francis Arthur-Collins, Lydia Essah, Nana Ama Ayensua Saara III, Ray Ankrah, Osmani Aludiba Ayuba and Alhassan Yakubu Adam.