GCB Bank Appoints Farihan Alhassan as New Managing Director

GCB Bank PLC has announced the appointment of Farihan Alhassan as its new Managing Director, effective January 28, 2025. His appointment follows the amicable departure of the previous Managing Director, Mr. Kofi Adomakoh.

The Board of Directors has approved Mr. Alhassan’s nomination, subject to shareholder approval at the upcoming Annual General Meeting and regulatory clearance from the Bank of Ghana and other relevant authorities.

Career Highlights

At 44, Farihan Alhassan is a seasoned finance professional with two decades of experience in the banking sector. Prior to joining GCB, he served as the Executive in charge of the Business & Commercial Clients Unit at Stanbic Bank Ghana, where he led the bank’s commercial banking strategy and enhanced its nationwide business performance.

Mr. Alhassan’s career trajectory has been remarkable. At just 26 years old, he became the youngest Regional Manager at Barclays Bank (now Absa), later serving as Head of Retail and Distribution. His people-focused leadership style and strategic insights significantly contributed to the institution’s growth and success.

He is known for his expertise in transforming underperforming units, fostering business growth, and building resilient organisations. His areas of expertise include business development, operational management, credit and risk oversight, and leadership.

Leadership Philosophy

Mr. Alhassan is deeply committed to empowering teams through coaching, training, and collaboration. His strong interpersonal and problem-solving skills have enabled him to excel in high-pressure, competitive environments.

In a statement released by GCB Bank, Mr. Alhassan expressed enthusiasm about his new role, highlighting his commitment to advancing Ghana’s banking sector, empowering businesses, and driving sustainable growth.

About GCB Bank

Founded in 1953, GCB Bank PLC is one of Ghana’s leading financial institutions. With 184 branches, 340 ATMs, and an extensive network of banking agents, the bank plays a pivotal role in critical sectors such as agriculture, oil and gas, and commerce. Under Mr. Alhassan’s leadership, GCB Bank aims to continue its tradition of innovation and excellence while shaping the future of banking in Ghana.