The Agricultural Improvement Financial institution PLC (ADB) has introduced the resignation of its Managing Director, Alhassan Yakubu-Tali.
This follows the nomination of a brand new Managing Director by the financial institution’s majority shareholder. His resignation takes impact from February 5, 2025.
Mr Yakubu-Tali, who took the helm as Managing Director on December 1, 2022, had beforehand served as Deputy Managing Director from August 2017 to November 2022.
Throughout his tenure, he spearheaded a transformative two-year company technique that considerably bolstered the financial institution’s monetary stability and operational effectivity.
One in all his key achievements was overseeing the profitable injection of GHS1.501 billion in further capital from shareholders, a transfer that bolstered ADB’s capital base.
His management additionally noticed a powerful concentrate on recovering non-performing loans, a technique that improved the financial institution’s monetary standing and reversed a streak of great losses recorded in earlier years.
The Board, Administration, and Employees of ADB have expressed their gratitude for his dedication and impactful management, acknowledging his pivotal function in steering the financial institution in the direction of stability and progress. They wished him success in his future endeavours.
With Mr Yakubu-Tali’s departure, all eyes at the moment are on the incoming Managing Director to construct on the muse laid and additional propel ADB’s mission in Ghana’s agricultural and monetary sectors.
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