Co-Founder of Data bank Keli Gadzekpo has stepped down as the Chief Executive Officer of the bank.
His resignation will take effect from the end of May this year.
Mr Gadzekpo will be heading to Enterprise Group as its new CEO.
He will take up his new role at Enterprise Group on 1st June, 2014.
Kelli Gadzekpo has been a serving board member at Enterprise Group for 16 years and chairman of the boards of Enterprise Properties and Enterprise Insurance.
Keli Gadzekpo will be replaced by Kojo Addai Mensah the chief operations manager of Ghana Commercial Bank.
Keli Gadzekpo in an interview with Citi Business News said his new role is ‘an opportunity for him to shift emphasis from stewardship and overseeing governance as a director, to leading the company at an exciting time in its 90 year history’.
Keli Gadzekpo, Ken Ofori-Atta and James Akpo (Togbe Afede XIV) set up Databank in 1990.
Keli Gadzekpo took over as CEO of the company in 2012 after Ken Ofori-Atta resigned due to health reasons.
Keli Gadzekpo and Ken Ofori-Atta will remain on the board of Databank as Non-Eexcutive Director and Chairman respectively.
Commenting on the appointment of Kojo Addai Mensah, Keli said “in Kojo Addae-Mensah we have found all of the characteristics that we identified in our CEO succession planning to ensure Data Bank has the right leadership as it moves into a new phase; He has the values, vision, energy and the intellect to maintain our number one position as the leading asset management in Ghana. His deed sector experience will help steer Data bank through Ghana’s dynamic and increasingly competitive financial services market.”
Kojo Addae-Mensah is moving from the Ghana Commercial Bank where he has been the chief Operating Officer from January, 2012.
Prior to that, he was the also the Chief Operating officer of Barclays bank from 2009 to 2012.
Kojo Addae-Mensah had his senior high school education at St Peter’s in Nkwatia.
On his appointment Kojo Addae-Mensah said, “Databank is proud Ghanaian multi-national that has innovated in financial services since it was launched in 1990.My first job was at Databank as a graduate in 1998 some 16 years ago; the data bank brand is iconic, Ghanaian, entrepreneurial, has a can do spirit, is respected for its values, it’s tested, trusted and robust and I am really humbled to be asked to lead this firm. We are witnessing a rapid evolution of financial services on the continent which makes it an exciting and testing time to be setting a strategy to consolidate our dominance in our asset management business. It is good to be coming back home to join such a great team.” He said.
By: Vivian Kai Mensah/citifmonline.com/Ghana