Accra: Consolidated Bank Ghana LTD (CBG) Monday announced the appointment of Dr Naomi Wolali Kwetey as the new Managing Director of the Bank, effective March 26, 2025. She takes over from Mr. Daniel Wilson Addo, who has served CBG as Managing Director from its inception on August 1, 2018.
According to Ghana News Agency, the Board Chairman, Mr. Yaw Asamoah, expressed his profound appreciation to Mr. Daniel Wilson Addo, the outgoing Managing Director, for his leadership. Mr. Addo has been instrumental in establishing a strong foundation for the Bank, navigating challenging waters, and ensuring growth and stability. His tenure has had a lasting impact, and the Board extends their deepest gratitude for his invaluable contributions. They also wished him all the best in his future endeavors.
Dr Naomi Wolali Kwetey, as stated in the release, brings 30 years of experience in the financial sector, covering corporate relationship management, treasury, credit administration, branch banking marketing, and operational risk management. She holds a Bachelor of Arts in Economics from the University of Ghana, a Master of Business Administration in International Banking and Finance from the Birmingham Business School, and a Doctorate in Business Administration and Management from Nobel International Business School (NiBS).
The Board noted that with her extensive background in banking, finance, and strategic management, Dr. Naomi Wolali Kwetey is expected to steer the affairs of CBG, accelerating impact and propelling transformative growth. It reaffirmed CBG's commitment to delivering customer-centric innovations and sustainable financial solutions with a strategic focus on SME lending, digital banking expansion, and corporate partnerships.