Victor Asante is new Managing Director of FBNBank in Ghana

Accra, July 24, GNA – The FBNBank Ghana, a
subsidiary of First Bank of Nigeria Limited has announced the appointment of Mr
Victor Yaw Asante as its new Managing Director (MD) following the approval of
the Bank of Ghana.

Mr Asante replaces Gbenga Odeyemi who served
in this capacity and has moved on to become the Managing Director of FBNBank
Sierra Leone.

A statement from the bank and copied to the
Ghana News Agency said Mr Asante had become the first Ghanaian to be appointed
as the Managing Director, bringing on board a rich banking experience spanning
more than 20 years.

It said prior to his appointment, the new MD
was the Head of Corporate and Institutional Banking with oversight
responsibility for Commercial Banking Business at First National Bank Ghana, a
subsidiary of the First Rand Group of South Africa.

He also worked with the Standard Chartered
Bank Group serving variously as the Bank’s Managing Director and Head of
Corporate and Institutional Clients at its Botswana subsidiary, and as Managing
Director and Regional Head of Transaction Banking, based in Ghana with
additional responsibilities over other West African countries including
Cameroun, Cote D’Ivoire, Gambia and Sierra Leone.

The statement said Mr Asante had had stints
with Merchant Bank (now Universal Merchant Bank) and Unilever Ghana Limited,
all of which gave him a hands-on experience with strategic knowledge in the
banking and in business generally. 

“Commenting on his appointment, Mr Asante
said ‘I am humbled by the confidence reposed in me to head FBNBank Ghana
Limited at a time when the organisation has recapitalized its Ghana business,
rolled out its digital banking strategy, which aims to leverage new and
evolving technologies to facilitate access to everyday financial services for
consumers and businesses alike.’”

“My utmost priority is to endear the brand
to our stakeholders in the Ghanaian market and use all available means to make
the brand a mark of excellence by meeting the needs of our valued customers to
the extent that FBNBank becomes the preferred bank,” he added.

The statement quoted him saying: “There
could not have been a more opportune time for me to assume the reins of
leadership and help implement the growth agenda of FBNBank at a time when the
banking industry is evolving.”

The statement said: “Mr Asante holds an MBA
from the University of Ghana Business School, and a Bachelor of Science (Hons.)
in Agricultural Economics from the Kwame Nkrumah University of Science and
Technology (KNUST).

He is also a member of the Chartered
Institute of Marketing (CIM) UK who has been trained at very notable
organizations and attended programmes like the Rand Merchant Bank Lead Program
and INSEAD Singapore among others.

An amateur golfer and scrabble player, Mr
Asante is also a humanitarian who is the Past Club President and past Assistant
Governor of Rotary International,” the statement added.

Commenting on the appointment of the new
FBNBank Ghana MD, the Chief Executive Officer of First Bank of Nigeria Limited
& Subsidiaries, Dr Adesola Adeduntan said “Victor’s demonstration of
excellent technical skills, knowledge, experience and his leadership
capabilities contributed in no small measure to his appointment”.

The statement said “Dr Adeduntan expressed
conviction that Mr Victor Asante was very well placed to provide strategic
leadership that the Bank needed to continue on its trajectory of becoming the
clear leader and Ghana’s bank of first choice.”  

FBNBank Ghana Limited has 21 footprints in
Ghana with over 400 staff and offers universal banking services to individuals
and businesses.

GNA

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