GCB Bank PLC has announced the appointment of Professor Joshua Alabi as the Independent Non-Executive Director and Chairman of its Board of Directors. This marks the beginning of a transformative era for Ghana’s premier financial institution.
The appointment follows the resignation of Mr. Daniel Kwaku Tweneboah Asirifi and is pending shareholder approval at the next Annual General Meeting, as well as regulatory clearance from the Bank of Ghana and other authorities.
Professor Alabi, a seasoned academic and business strategist, brings over three decades of experience in leadership, corporate governance, and public service. His notable achievements include steering growth as Chairman of HFC Bank (now Republic Bank) and serving as Vice-Chancellor of the University of Professional Studies, Accra (UPSA), where he drove significant institutional innovation.
Commenting on his new role, Professor Alabi expressed his gratitude: “I am deeply honoured to lead GCB at this pivotal moment. Together with the Board and management, we will work tirelessly to strengthen GCB’s position as a leading financial institution in Ghana and beyond.”
In addition to his contributions in academia and banking, Professor Alabi boasts diverse leadership experience. He has served as a Member of Parliament for Krowor Constituency, held ministerial positions in the Greater Accra and Northern Regions, and played key roles in sports administration, including serving as General Secretary of GHALCA and Coordinator for the Black Stars.
As the new Chairman, Professor Alabi is expected to provide strategic direction to GCB Bank, reinforcing its mission to deliver innovative financial solutions, enhance shareholder value, and support Ghana’s economic development.
Founded in 1953, GCB Bank remains a cornerstone of Ghana’s banking sector, with 184 branches and an extensive nationwide network.
