In an exclusive interview with the marketing and communications Manager of the bank, Solomon Atefoe confirmed that Mr. Stephen Kpordzih has decided not to seek for a contract extension.
Pulse Business can confirm that Stephen Kpordzih has resigned from his role as Managing Director of the Agricultural Development Bank.
In an exclusive interview with the marketing and communications director of the bank, Solomon Atefoe confirmed that Mr. Stephen Kpordzih has decided not to seek for a contract extension.
Mr. Stephen Kpordzih who wields an MBA from Leicester University, has been the Managing Director at Agricultural Development Bank since August 2009. Mr. Kpordzih has to his record immense banking experience and consultancy assignments with leading banks, including preparation of a paper on Financing Rural Agriculture in Ghana as part of the Government's Compact Programme for accessing the US$547 million Millennium Challenge Account.
He also developed feasibility reports for the establishment of non-bank financial instiution.
Marketing and Communications Manager of the bank Solomon Atefoe, Mr. Kpordzih decided to resign upon personal introspection.
" It was not a decision taken by the board, it was a personal decision he took not to extend his contract which ends on the January 31, 2015."
The Bank late 2015 issued a statement debunking assertions that the board had terminated Mr. Kpordzih's contract.
Asked whether the latest was not a contradiction of the earlier statement issued by the bank, Solomon Atefoe said the two situations were not connected to each other.
" The two situations are different from each other. They are not the same. As at the time the false reports came that the bank had let go of the MD, there had been no meeting or communication at about the issue. The reportage was false. This is a decision taken by the MD not to seek for a contract extension" he said.