Joshua Alabi appointed Board Chairman of GCB Bank

GCB Bank PLC has announced the appointment of Prof.Joshua Alabi as its new Board Chairman.

This follows the resignation of Mr. Daniel Kwaku Tweneboah Asirifi as Director and Chairman of the Board. 

“The Board has today approved the nomination and appointment of Professor Alabi as an Independent Non-Executive Director and Chairman of the Board of Directors effective immediately subject to shareholders’ approval at the upcoming Annual General Meeting, Bank of Ghana and other regulatory approvals”, the Bank said in a statement. 

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Professor Joshua Alabi is a distinguished academic, seasoned administrator, and renowned business strategist with a career spanning over three decades in academia, public service, and corporate leadership.

He has held numerous high-profile roles, including Chairman of HFC Bank, where he successfully led its transformation into Republic Bank. He brings extensive experience in leadership, governance and strategic planning to the board of the Bank.

His appointment is expected to drive GCB Bank’s vision of becoming a key player in Ghana’s banking sector, fostering innovation, operational efficiency and customer-centric services.

Commenting on his appointment, Professor Alabi expressed his gratitude to the Board of Directors for their confidence in him. He stated, “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.”

Professor Alabi, a former Vice-Chancellor of the University of Professional Studies, Accra (UPSA), has served in various leadership roles, including as a Member of Parliament and Regional Minister.

His diverse background in education, public service and corporate governance is seen as a strong asset for the bank’s growth trajectory.