Dr. Ellen Ohene-Afoakwa (4th from left) with other CIB Ghana executives
The Chartered Institute of Bankers Ghana has elected Dr. Ellen Ohene-Afoakwa, FCIB, as its new President for a two-year term.
The election was held during the Institute’s 6th Annual General Meeting on Thursday, June 25, 2026, at the CIB Ghana Auditorium in Accra.
Dr. Ohene-Afoakwa, Managing Executive for Corporate and Investment Banking at Absa Bank Ghana Ltd, previously served on the CIB Ghana Governing Council.
She will be supported by Mr. Woelinam Dogbe, FCIB, Deputy Director-General for Investment and Development at SSNIT, who was elected Vice President.
New members elected to the Governing Council are: Rosemond Amoo, FCIB, HRM and Customer Service Consultant at Horizon Insurance Brokers Ltd; Doris Yaa Aggrey Ahiati, FCIB, CEO of Crescendo Consult Ltd, Ghana; and Daniel Arhin, ACIB, Manager, Lending at Standard Bank Offshore, Isle of Man, UK.
In her acceptance speech, Dr. Ohene-Afoakwa said education, skills development and staff welfare will be the priority pillars for the new council.
“I am fully honoured for the opportunity to serve as President of this noble Institute. The mandate of CIB Ghana is to promote the study of banking and regulate the practice of the banking profession in the country,” she said. “As an Institute, we will continue to champion professionalism, ethical conduct, continuous learning and innovation firmly anchored in the values and ethics that define our calling.”
She pledged to work with all industry stakeholders to build capacity, raise institutional visibility, enhance member value, and mentor the next generation of Ghanaian banking professionals. She also committed to maintaining CIB Ghana’s influential voice in shaping the future of the financial sector.
Financial Performance
The new leadership takes over as CIB Ghana reports strong growth. Revenue increased 33% to GH₵18.82 million, driven by higher examination registrations. Net surplus rose 36%.
The 2025 accounts, approved at the AGM, showed non-subscription income of GH₵13.77 million, representing 73% of total revenue. Subscription income was GH₵5.05 million.
Examination and student activities were the biggest drivers, growing 174% to GH₵5.22 million. Commercial training income rose 86%, while Bankers Week income jumped 158% to GH₵546,518.