Ghana Commercial Bank One month after former GCB MD resigned, new one yet to be named

The development is said to be causing anxiety among workers of the bank.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

One month since the resignation of the former managing director (MD) of the Ghana Commercial Bank, a new MD is yet to be appointed to fill the vacant position.

The development is said to be causing anxiety among workers of the bank. gathers that a new MD has been settled on but the one selected is allegedly not the fovourite of the powers that be.

On March 3, Mr Simon Dornoo resigned as the banks MD to pursue other interests, a statement from GCB said.

He was in charge of the bank for six years.

“During his tenure, Mr Dornoo led his executive management and GCB team to transform the bank and reposition it as one of the best performing banks in the country.” GCB said.

“The board, management and staff of GCB bank are privileged to have worked closely with him to propel the bank to its current status and wish to express their profound gratitude to him for his period of dedicated service to the bank,” GCB said.

The Bank had been wholly government owned until 1996 when under the economic recovery programme part of the government ownership was divested. Today government ownership stands at 21.36% while institutional and individual holdings add up to 78.64%.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Bauxite Mining Residents walk from E/R to Flagstaff House to petition...bullet
2 Breaking News Bank of Ghana takes over Unibankbullet
3 In Sawla Businessman, girl shot dead by armed robbersbullet
4 Ponzi Scheme Thousands of Ghanaians lose millions to Savana Brokeragebullet
5 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
6 Illegal Mining 14-year-old among 10 arrested for 'galamsey' at...bullet
7 Salaries In 2018 Here are the dates public workers will be...bullet
8 2018 World Happiness Report Somalia is a happier place to...bullet
9 Corruption George Loh accuse MMDCEs, top assembly staff...bullet
10 Tax Relief? Gov’t secretly replaces 1% tax relief with...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Support Finance minister buys Kantanka carbullet
3 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
4 Forbes 2018 Africa's billionaires rich listbullet
5 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
6 Money Alert Meet Africa's richest womanbullet
7 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
8 Entrepreneurship How to be resourceful as an entrepreneurbullet
9 New Phone Nokia’s MWC 2018 event in 7 minutesbullet
10 New Phones Nokia MWC 2018 Event in 5 minutesbullet