Mr Samuel Sakyi-Hyde has been appointed as the Acting CEO of the Universal Merchant Bank by the Board.
The Ghanaian banker who has almost
three decades of banking experience under his belt, is expected to continue to
drive the growth strategy of the bank, as the process of executive succession
is secured, within regulatory and statutory guidelines.
Mr. Sakyi-Hyde worked with UniCredit
Ghana Limited where he served as the Chief Executive Officer.
Since 2019, he has been the General
Manager, Consumer Banking at UMB, where he is recognised and acclaimed for
bringing the Consumer Banking Division of the Bank into the black for the first
time in a decade.
Speaking on the appointment, Mr
George Smith Graham, Board Chairman at UMB, said: “Sakyi-Hyde comes to the role
as part of the succession protocol being deployed, as Nana Dwemoh Benneh
proceeds to retire from the bank. It is a testament to the robust governance
framework we have in place and it is anticipated that the growth strategy and
trajectory we have in place will continue seamlessly.”
Mr Sakyi-Hyde, in his comments, said:
“I am humbled by the appointment and look forward to contributing to the bank’s
50-year heritage of positive impact in this market. Our brand is strong and the
fundamentals of our business are healthy. #UMBUnited will continue to
vigorously pursue our growth strategy of achieving dominance in SME and
prioritise a digital-led offering. Overall, I am glad to lead a team that has
been committed to delivering a uniquely Ghanaian perspective to world-class
banking, since 1972.”
UMB has been in existence since
1972.
Headquartered in Accra and licensed by
the Bank of Ghana, the Bank has 35 branches across Ghana.
Source: Classfmonline