Ghana: CalBank PLC appoints Carl Asem as Acting Managing Director

The Board of Directors of CalBank PLC has appointed Carl Asem as the Acting Managing Director of the Bank, effective 13th February 2024.

This follows Philip Owiredu’s retirement on February 13, 2024, concluding his 4-year tenure as Managing Director and 20-year service at the bank, Carl Asem assumes the role of Acting Managing Director.

Mr. Asem, previously Deputy Managing Director at CalBank since September 2022, brings extensive experience and expertise to his new role as Acting Managing Director, according to the bank.

Mr. Asem has played a pivotal role in shaping the strategic direction of the Bank and has been instrumental in its growth and success since joining in 2022.

Mr. Joe Mensah, the board chairman, said : “I am delighted to welcome Carl Asem as our Acting Managing Director as he continues to oversee our comprehensive strategic review at a pivotal moment for CalBank. With his profound understanding of the banking industry and impressive track record, Carl has led the management team in driving our strategic and operational transformation, whilst building on our existing strengths to accelerate growth in our key business areas. Carl will continue to provide leadership as the bank weathers the challenging banking landscape to grow a stronger and more efficient bank with sustainable returns to our stakeholders.”

With his extensive leadership background, Mr. Asem is well-equipped to lead CalBank PLC into its next phase of development. He brings over 20 years of proven expertise in marketing, sales, relationship management, customer service, and business development to this position, as stated by the bank.

As Deputy Managing Director, Mr. Asem spent 19 years at the Ecobank Group, where he played a pivotal role in leading and driving growth strategies and initiatives. His responsibilities included planning and developing sustainable improvement programs in the Anglophone West Africa region.