CalBank's shareholders also approved the appointment of four new Non-Executive Directors of the Bank effective 1st January 2020. All four directors have been approved by Bank of Ghana. The new directors were appointed following the mandatory retirement of Mr. Malcolmn Pryor and Dr. Kobina Quansah on 31st December 2019. The newly appointed Non-Executive Directors are profiled below;
Mr. Joseph Mensah has thirty-five years expertise leading rapid growth strategies, compliance and establishing robust controls in the Banking Sector. He directs business critical projects and instigates change, creates a culture based on performance, efficiency and engagement. Mr. Mensah was the CEO of the Ghana International Bank PLC (London) for thirteen years. Prior to this he was the General Manager of Ghana International Bank for four years. Mr. Mensah worked as the Head of International Banking at the then Trust Bank Ghana and also worked with Agricultural Development Bank, Ghana for fifteen years. He holds a Master's degree in Banking and Finance and a Bachelor's Degree in Business Administration.
Mr. Richard Arkutu is a finance professional. He worked with the International Finance Corporation (IFC), World Bank Group for fourteen years in Infrastructure Development. Prior to this, he was the Vice President of Citibank Nigeria, responsible for sub-Saharan Africa Corporate Finance and Investment Banking Department. He also worked as the Manager/ Treasurer for Citibank South & East Africa Corporate Finance Department in Nairobi, Kenya and as a senior Financial Analyst for Ashanti Goldfields Company Limited in their Corporate Finance / Treasury department. He has a Master's degree from McGill University, Montreal, Quebec, Canada as well as a first degree in Business Economics from Vesalius College, Vrije Universiteit, Brussels, Belgium.
Mr. Ben Gustave Barth is a seasoned, multidisciplinary finance and consulting executive with eighteen years proven track record in analyzing and assessing risk of investment portfolios and in structuring transactions. He is currently the Managing Director for Axcero Advisors. Prior to this, he was a senior partner with The Highland Group, Accra, and Lagos. He also served as the COO and VP Finance with Chester Engineers Africa Inc., Accra, Lagos, and Pittsburgh (USA) and was the Director of Business Development at Jonah Capital Limited. He previously worked with Stanbic Bank Ghana Limited as the regional Operations Head, Ecobank Ghana and Citibank N.A, New York, USA. Mr. Barth has a Master's degree from Harvard Business School, Boston, MA, USA and a first degree in Business Administration from the University of Ghana, Legon.
Mr. Solomon Asamoah is an investment professional with 25 years of experience in both developed and developing markets. In 2017, he was appointed the CEO of the Ghana Infrastructure Investment (GIIF) fund, a sovereign investment vehicle. Solomon was an advisor to Federal Government of Nigeria on the implementation of their infrastructure program. He has also served as the Vice President of Infrastructure, Private Sector and Regional Integration at the African Development Bank (AFDB), the Vice President for Private Sector and International Investment at the Development Bank of Southern Africa (DBSA) based in Johannesburg and a principal Investment officer at the International Finance Corporation (IFC) Johannesburg. Mr. Asamoah started his career as an investment banker with HSBC Markets, London. He has personally led over US$4 billion in transactions across the African continent. He has a Master's degree in Chemical Engineering from Imperial College University of London, UK.
