Ghana’s CAL Bank appoints Nana Otuo Acheampong to board

Anthony Thunstrom

The Board of Directors CAL Bank Limited has appointed Nana Otuo Acheampong as a Non-Executive Director of the bank. The appointment was approved by Bank of Ghana on 27th October 2017.

Nana Otuo Acheampong is a Banking consultant and the Executive head of the Osei Tutu II Centre for Executive Education & Research (OTCEER) in Ghana. Prior to this appointment, he headed the Faculty of Financial Reporting and Investment Banking at the Ghana National Banking College (GNBC) for 4 years – 2008 to 2012.

In 2008, he was appointed to head the Faculty of Financial Reporting & Investment Banking at the GNBC, where he headed various sub-committees. He has been the Chairman of the Award Planning Board of the Ghana Banking Awards (G BA) since 2012.

He holds an undergraduate degree in Accounting & Management Science from the University of Southampton, UK & a postgraduate diploma in Management as well as an Accounting degree from University of Northumbria, Newcastle, UK. He has been a member of the British Accounting Association since 1994 and is currently a member of the Chartered Institute of Bankers in Scotland.

About CAL Bank

CAL Bank is a commercial bank in Ghana involved primarily in meeting the banking needs of small, medium and large corporations. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.

Founded in 1990, CAL Bank is rated as “one of the most innovative banks in Ghana”, according to its website. As of December 2010, the bank’s total assets were valued at about US$266 million (GHS:510 million), with shareholders’ equity of approximately US$41 million (GHS:79 million).