Accra, Ghana – Hueggert Acquaah-Arhin has been promoted by Ghana International Bank plc (GHIB) to the positions of Head of Africa Regional Coverage and Ghana Country Representative. The announcement of this promotion came at the Bank’s 65th anniversary festivities, which were recently held in Accra.
With a track record of leadership and performance in the financial sector, Mrs. Hueggert Acquaah-Arhin, née Hueggert Annan, is an experienced banker. As the Divisional Head for Corporate and Institutional Banking across GHIB’s global operations, Baafuor Ohene Abankwa has been promoted, and she will be succeeded by her. The Bank’s London office will serve as Baafuor’s base. Her advancement is evidence of Mrs. Acquaah-Arhin’s extraordinary skills and thorough knowledge of the financial system in Africa. Additionally, it declares GHIB’s commitment to a talent management system for equitable chances that is built on a merit-and performance-based culture.
Speaking on the appointment, Dean Adansi, CEO of Ghana International Bank said “GHIB has always been at the forefront of promoting an inclusive, merit-based culture within the financial sector. The appointment of Hueggert Acquaah-Arhin as Ghana Country Representative and Head of Africa Regional Coverage reflects this. Hueggert brings to this role a solid track record of performance and I am confident she will continue to deepen our strong links and impact in Africa. Baafuor’s elevation allows us to leverage his growth record in Africa across our global footprint, as we continue to lead the way in providing access to international finance for Africa-focused sovereigns and corporates, through London. Baafuor’s expertise will be key as we pivot to intermediate deals and transactions from OECD and Asian markets to Africa.”
It is anticipated that Mrs. Acquaah-Arhin’s leadership will enhance GHIB’s activities in Ghana and throughout Africa, supporting the Bank’s objective to be the region’s preferred trade and correspondent bank. In Tanzania, Nigeria, Guinea, Liberia, Senegal, and the Gambia, among other markets on the continent. Her position will be crucial in strengthening GHIB’s regional initiatives and cultivating better banking connections.
The announcement from GHIB highlights the Bank’s position as an advocate for women’s advancement in the financial sector and gender equality. GHIB has a track record of having capable female leaders within its ranks. Senior executives on the Banks executive committee currently include Ophelia Attobrah, Chief Banking Officer; Janet Mbu, General Counsel & Company Secretary; and Gillian Heggs, Head, People, Culture, and Communications.
GHIB is regarded as Africa’s top trade bank. It has taken the lead since 1959 in giving African corporations and sovereigns access to international markets and finance. It offers trade financing, correspondent banking, and treasury, payments, and collection services. The Financial Conduct Authority and the Prudential Regulation Authority oversee GHIB and have granted it authorization.
GHIB [Ghana International Bank plc is a company registered in England and Wales. Registered number: 03468216.Registered office: 67 Cheapside, London EC2V 6AZ.] is a regulated legal entity registered in the United Kingdom. The Bank has been present for 65 years in the City of London, one of the world’s leading financial centers, serving Financial Institutions, Sovereign States and Parastatals, Corporates, SMEs and the diaspora. GHIB’s unique status as a Ghanaian owned bank authorized by the UK. Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA allows the Bank to intermediate between international and African markets by combining knowledge of the African continent with international correspondent banking links, to bring bespoke solutions to its customers and partners. Trade Finance is GHIB’s leading business with Correspondent and Corporate Banking, Treasury and Transactional Banking supporting the Trade business.