Ghana: CalBank CEO Philip Owiredu to retire in February 2024

CalBank PLC has announced the retirement of its Chief Executive Officer, Philip Owiredu, effective February 2024.

In a statement, the bank acknowledged that the announcement of Philip Owiredu’s retirement honors his 19-year career with CalBank and his impactful leadership.

Mr. Owiredu joined CalBank as Director of Finance in December 2004 and was appointed CEO in January 2020.

Mr. Owiredu during his tenure led the institution through significant transformations, earning recognition for setting a bold strategy to establish a leading, technology-driven bank.

Commenting, Board Chairman of CalBank, Joe Mensah, said, “During his tenure, Philip Owiredu has been an instrumental player in spearheading key operational aspects of the bank’s growth and development, notably our digital innovation agenda, driving the expansion of our retail strategy since 2018 and maintaining a strong banking franchise. He has played a pivotal leadership role in the establishment of strategic local and regional partnerships which have underpinned the bank’s growth”.

On behalf of the Board, Management, and Staff, sincere gratitude was extended to Mr. Owiredu for his dedicated service to the bank, shareholders, and customers.

The statement concluded that the Board of Directors will notify the Bank of Ghana of the nomination of a successor in due course to ensure a seamless transition.