Effective immediately, the GCB Bank PLC has announced Prof Joshua Alabi has been appointed the independent non-executive director and chairman of its Board of Directors.

“I am deeply honoured to lead GCB at this pivotal moment. Together with the board and management, we will work tirelessly to strengthen GCB’s position as a leading financial institution in Ghana and beyond,” he said, per a GCB press release.

The announcement follows the resignation of Mr Daniel Kwaku Tweneboah Asirifi from the said role.

A former Vice-Chancellor of the University of Professional Studies, Accra (UPSA), Prof Alabi’s GCB appointment is subject to shareholder approval at the approaching Annual General Meeting. Clearance is needed from the Bank of Ghana and other regulatory bodies, also.

The former Krowor MP, once served as Chairman of the Board of Trustees for the Social Security and National Insurance Trust (SSNIT); Chairman of the Accra Polytechnic Governing Council (now Accra Technical University); and Chairman of the Ghana Book Development Council.