Mr Philip Owiredu has taken office as the CEO of CalBank effective 1 January 2020.

His appointment was approved by the Bank of Ghana in December 2019. 

Mr Owiredu has been an outstanding leader during his tenure as the Bank’s Executive Director/Chief Financial Officer (CFO) since 2011.

According to Calbank, Mr Owiredu comes to this position with a broad wealth of experience in banking spanning over 15 years at CalBank, spearheading the key operational aspects of the bank, notably; the digital innovation agenda and leading high-performing teams.

Commenting on his new role, Mr Owiredu said: “I’m delighted at the confidence vested in me by the Board of Directors with my appointment as Chief Executive Officer. CalBank is a leading indigenoius Bank with a long track-record of solid financial performance. I look forward to working with the Board, the management team and exceptional staff to spearhead the Bank through another decade of growth and deliver real value to all stakeholders in the coming years”.

Specifically, Mr Owiredu’s wide experience in the banking sector spans across Corporate Banking, Retail Banking, Structured & Project Finance, Credit, Financial Control, Treasury, Banking Operations, International Operations, Strategy and Capital Raising.

Also, CalBank has announced the appointment of four new Non-Executive Directors, with effect from 1 January 2020. 

All four directors have been approved by the Bank of Ghana. They are Joseph Mensah, Richard Arkutu, Ben Gustave Barth and Solomon Asamoah.

The new directors were appointed following the mandatory retirement of Malcolm Pryor and Dr Kobina Quansah on 31 December 2019.