Dr John K. Asamoah, joined by other management members and staff of NIB cut the cake
National Investment Bank (NIB) on Thursday cut a cake to mark exactly 55 years of the bank’s establishment in 1963.
NIB, the first development bank set up in Ghana, has over a period of 55 years expanded its operations from a single-branch bank to over 52 branches nationwide.
It has supported the establishment of many companies such as Nestle Ghana Limited, Novotel (now Accra City Hotel), Kabel Metal (now Nexans Kabelmetal), Aluworks, Pambros Salt, through its equity funding.
Managing Director Dr John Kweku Asamoah was joined by a founding employee of the bank J.O. Bannerman and members of the Executive Management Committee to cut the cake.
He commended former employees of the bank, especially for their selflessness in laying what he called “a solid foundation for current, as well as future management and staff to build on.”
He encouraged all employees of the bank to exhibit unquestionable tenets of patriotism to help the country attain its developmental aspirations.
Dr Asamoah further challenged all staff to earnestly contribute their quota to grow the bank so that future generations can also benefit from it.
Commenting on the future direction of the bank, Dr Asamoah said “it is no fluke that government wants us to go back to our core mandate of development banking. This means we are reverting to our role of continuing to help build more indigenous businesses and this mandate is, as I speak, being intensified.”
He further added that “our theme: “55 Years of Growing Ghanaian Businesses” was carefully chosen because we believe we have played our part and will continue to drive the growth of Ghanaian businesses as the years roll by.”