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Ghana: Standard Chartered Bank Ghana PLC appoints new Directors to its Board

Standard Chartered Bank Ghana PLC has appointed Ms. Naa Adorkor Codjoe and Mr. Subhradeep Mohanty as Independent Non-Executive Director and Non-Executive Director respectively to the Board of the Bank with effect from 26th October 2023.

Naa Adorkor and Subhradeep come on board with a broad range of expertise and experiences across finance, strategic leadership, corporate governance and risk management. Their appointments will further strengthen and deepen the diverse blend of expertise on the Bank’s board.

Naa Adorkor is an accomplished and seasoned enterprise risk management specialist and a Chartered Accountant. She has over 24 years of professional working experience, 22 years of which is post qualification experience as a Chartered Accountant. She has a background and expertise in external audit, accounting, corporate governance, risk management and business advisory.

She holds a Master of Science degree in Enterprise Risk Management (ERM) from the Columbia University, New York and an International Certificate in Enterprise Risk Management from the Institute of Risk Management, UK.

She is also an alumnus of both the University of Ghana Business School and the China Europe International Business School where she obtained her bachelor’s and Executive MBA degrees respectively. Naa Adorkor worked in both the Ghana and the London offices of PricewaterhouseCoopers for over 10 years.

Commenting on her appointment, Naa Adorkor said, “It is such an honour to join the rich and diverse team on this Board. I look forward to supporting the Chairman and members of the board to continue to deliver on the Bank’s strategy. Subhradeep is the Regional Chief Financial Officer for Standard Chartered Bank for Africa and the Middle East.

He has over 21 years of diverse international experience with various financial institutions across Asia, USA, Africa and Middle East, with responsibilities spanning finance, strategy, risk, corporate development & business transformation.

Subhradeep has been recognized by AsiaOne as “One of Asia’s top CFOs’ in 2017 and by CFO Power List as an “Icon for Building Finance Organization” in 2019. He has previously worked with JP Morgan in Asia and with American Express in the USA & Asia. He holds an MBA in Strategy & Finance from IIM-Ahmedabad, India and an engineering degree from IIT-Chennai, India.

Commenting on his appointment, Subhradeep noted, “Ghana continues to be key market in the Africa and Middle East (AME) Region for Standard Chartered and has a lot of growth prospects and opportunities. I look forward to working with the Board to drive growth and strengthen our Bank in the Market”.

Naa Adorkor Codjoe and Subhradeep Mohanty will bring to bear their experience, expertise and diversity to further strengthen the Board.

Speaking on the appointments, Board Chairman, Ebenezer Twum Asante remarked, “Naa Adorkor and Subhradeep’s appointments to the Board are significant. They are joining us at an opportune time where their expertise and experience will be leveraged to accelerate the gains we are making in the market. I look forward to working with them to drive our strategic ambitions”.

The new appointments now leave the total number of Directors on the Bank’s Board at nine with a rich representation and diversity of skill, gender and expertise spanning different industries and geographies.

Standard Chartered Bank Ghana PLC

Standard Chartered Bank Ghana PLC is Ghana’s premier bank established in 1896. They are part of a leading international banking group, with a presence in 57 of the world’s most dynamic markets and serving clients in a further 64.

Their purpose is to drive commerce and prosperity through their unique diversity, and their heritage and values are expressed in their brand promise, Here for good.

The Bank is listed on the Ghana Stock Exchange and has been one of the leading stocks over a sustained period.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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