Ghana: Bank of Africa appoints Abderrahmane Belbachir as new MD

The Board of Directors of Bank of Africa Ghana has appointed  Abderrahmane Belbachir as its new Managing Director.

Abderrahmane brings extensive experience in Retail Banking, Risk Management, Business Development, and Strategy to his new role.

Before his position at Bank of Africa Ghana, Abderrahmane was the Managing Director of Bank of Africa Rwanda.

He made an indelible mark, during his seven-year tenure, by transforming the bank from Agaseke Micro Finance into a fully-fledged commercial bank with a solid presence in the Rwandan market.

Abderrahmane established a banking college in Rwanda and held the position of Vice-Chair at the Rwandan Bankers Association.

Abderrahmane’s professional journey began at WAFA Bank in Morocco, where he swiftly moved up the ranks from a Branch Manager to a Regional Manager. He later served as the Network Director for Attijariwafa Bank, overseeing operations in both Casablanca and France.

His extensive experience includes a three-year tenure as the North Africa Regional Director for Western Union, as well as key positions such as Head of Retail Banking at Sahara Bank in Tripoli, General Manager of FONDEP Microcredit in Morocco and Managing Partner of Ikbal Finance.

Abderrahmane’s vision involves upholding the legacy of his predecessor, Kobby Andah, with a strong focus on empowering Small and Medium-sized Enterprises (SMEs). He aims to provide specialized financial solutions that will help SMEs prosper and make substantial contributions to the country’s economic development.

The outgoing Managing Director of Bank of Africa Ghana Ltd, Kobby Andah, who has been instrumental in the bank’s journey since its inception in the Ghanaian market, has been promoted to serve as the Regional Director of the Bank of Africa Group with responsibility of East Africa and Ghana.