CalBank Appoints Daniel Nii Kwei-Kumah Sackey as Board Chairman

CalBank PLC has officially announced the appointment of Mr. Daniel Nii Kwei-Kumah Sackey as Chairman of the Board of Directors, effective March 20, 2025. His appointment follows approval from the Bank of Ghana and the endorsement of shareholders.

Mr. Sackey takes over from Mr. Joe Mensah, who has served as Board Chairman since 2019. The transition marks a significant moment in the bank’s leadership journey, reflecting a renewed commitment to sustainable growth, profitability, and innovation in Ghana’s banking sector.

Profile of the New Chairman

Daniel Sackey is a seasoned banking executive with over 30 years of experience in strategic leadership, financial management, and corporate governance. His distinguished career spans multiple jurisdictions, including key leadership roles within Ecobank Ghana, Zimbabwe, and Rwanda, where he championed initiatives in digital transformation, regulatory compliance, and operational efficiency.

Mr. Sackey holds a Master of Business Administration in International Banking and Finance from the University of Birmingham, and a Bachelor of Science in Accounting from the University of Ghana. His extensive boardroom experience includes serving on the boards of financial institutions and stock exchanges, where he has played a central role in risk management, financial inclusion, and stakeholder engagement.

Vision for CalBank

With a strong foundation in strategic planning, business development, and regulatory frameworks, Mr. Sackey is well-positioned to steer CalBank towards its long-term vision of becoming a digitally-driven bank that enhances financial inclusion and contributes to economic development in Ghana.

Speaking on his appointment, Mr. Sackey expressed both gratitude and a forward-looking perspective:

“It is an honor to lead CalBank’s Board at such a pivotal time. The Bank has demonstrated resilience and strategic focus in achieving remarkable financial recovery. Together with my fellow board members, we are committed to steering the Bank towards sustained profitability and innovation, ensuring value for shareholders and stakeholders alike.”

The announcement comes alongside the induction of other distinguished board members, further strengthening CalBank’s leadership and governance structure as it positions itself as a dominant player in the financial services industry.

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