The newly constituted Board of Directors of Agricultural Development Bank (ADB) PLC has held its first official meeting, marking a fresh chapter for the state-owned, development-focused bank.
The maiden board meeting took place on Wednesday, July 15, 2025, at ADB’s head office in Accra. It was chaired by Mr Kenneth Kwamina Thompson, a respected financial and governance expert who now leads the board.
During the high-level engagement, the Board was introduced to members of the Executive Management Committee, and the Managing Director, Mr Edward Ato Sarpong, used the opportunity to present his strategic vision for the bank.
Mr Sarpong’s corporate vision is aimed at repositioning ADB to become one of the top three banks in Ghana and a globally admired institution known for its people, processes, and performance.
As part of the new direction, the Bank’s corporate tagline has been changed to “Beyond Banking…”, which the MD explained reflects ADB’s deeper commitment to Redefining Banking, Empowering Businesses, Building Futures, Driving Prosperity, and Nurturing Communities.
“Our strategic direction is anchored on relevance, resilience, and responsibility. ADB is more than a bank; we are an enabler of livelihoods, a supporter of Ghanaian enterprises, and a partner in progress,” Mr Sarpong stated.
Board Chairman, Mr Kenneth Kwamina Thompson, praised the Managing Director for his clear sense of purpose and pledged the Board’s full support in achieving the bank’s ambitious goals.
“This is a new era. The Board is fully aligned with the strategic direction outlined by the Managing Director, and we are committed to offering the needed guidance and governance to steer ADB to greater heights,” he said.
The meeting also focused on a range of key initiatives to help ADB fulfil its core mandate and achieve its long-term objectives.
The ADB Board was officially inaugurated by Finance Minister, Hon Cassiel Ato Forson, on Wednesday, July 9, 2025. The Board is composed of professionals with diverse expertise spanning finance, law, governance, security, policy, and human resource development.
Members of the ADB Board:
- Mr Kenneth Kwamina Thompson – Chairman
- Mr Edward Ato Sarpong – Managing Director & Member
- Hon Andrew Dari Chiwitey – Member
- Mr Siisi Essuman-Ocran – Member
- Hon Dr E. Prince Arhin – Member
- Hon Misbahu Mahama Adams – Member
- Wing Commander Samuel J.A. Allotey – Member
- Mr Courage Akanwunge Asabagna – Member
- Mr Abdul Nasir M. Saani – Member
The new leadership is expected to drive the bank’s transformation agenda and solidify ADB’s role in supporting Ghana’s economic development.
Source: Starrfm.com.gh
