GCB Bank PLC has announced the appointment of Professor Joshua Alabi as its new Board Chairman, following the resignation of Mr. Daniel Kwaku Tweneboah Asirifi. The bank confirmed that Alabi’s appointment is effective immediately, pending approval by shareholders at the upcoming Annual General Meeting, as well as regulatory clearances from the Bank of Ghana and other authorities.

Professor Alabi, a respected academic and business leader, brings over three decades of experience in academia, public service, and corporate governance. He is well-known for his tenure as Chairman of HFC Bank, where he played a key role in its transformation into Republic Bank. Alabi’s extensive expertise in leadership, strategic planning, and governance is expected to contribute significantly to GCB Bank’s future growth and expansion.

In a statement, Professor Alabi expressed his gratitude for the trust placed in him, saying, “I am deeply honoured to lead GCB at this crucial time. Alongside the Board and management, we will work to strengthen GCB’s position as a leading financial institution in Ghana and beyond.”

A former Vice-Chancellor of the University of Professional Studies, Accra (UPSA), Alabi has also served in various public leadership roles, including Member of Parliament and Regional Minister. His broad experience is seen as an asset in driving the bank’s strategic vision.

The appointment of Professor Alabi comes as GCB Bank aims to further enhance its customer-focused services and improve its position in Ghana’s competitive banking sector.

Source:TheDotNews