The Managing Director of the Agricultural Development Bank, Dr. John Kofi Mensah has been awarded the Business Growth Achievements award at the second Ghana SMEs and Young CEOs Summit in Accra.
The award was given by the Chief Executives Network Ghana Limited at the second edition of the Ghana SME & Young CEOs Summit & Expo at the Kempinski Hotel in Accra for his contribution to the growth of the financial sector in the country especially the Agricultural Development Bank.
With over twenty five years' experience in banking he has held senior management positions in many banks and contributed significantly to the growth of the banking industry in Ghana.
At ADB through his exemplary leadership the bank at the end of the 2017 financial year posted a profit before tax in excess of forty seven million Ghana Cedis (GH₵47,339.000.00) after two conservative years of losses from 2015.
The bank has also recorded a decline in its non performing loans (NPL) and witnessed a steady rise in confidence of the ADB Brand under his leadership. He has introduced new and proactive strategies in financing agriculture.
In a brief remark, Dr. Mensah thanked the Chief Executives Network Ghana Limited for the recognition and dedicated the award to all who have helped in his career endeavour.
He urged bankers to exhibit high professional and ethical standards and continue to build trust between banks and their customers. He further proposed for institutionalising rewards for such standards.