Personnel of Opportunity International at the event
Opportunity International Savings and Loans recently held an annual staff retreat in Accra and Kumasi, bringing together over 650 staff.
The staff and management came together to praise God for helping the institution to excel despite the challenging environment and market dynamics in the banking industry in 2018.
Samuel Afful, Chief Finance Officer/Deputy Chief Executive Officer (CEO), in a remark, said the company achieved 94% of its overall business plan for 2018 and disbursed loans of an all-time high of GH¢239 million despite the liquidity challenges that confronted companies in the market.
Kwame Owusu-Boateng, CEO of Opportunity International, said winning seven awards in a year reinforced the company’s position as a top savings and loans institution in Ghana with specialization in promoting quality financial services to clients.
He said Opportunity International had 43 outlets in seven regions of Ghana.
“As of December 2018, the company had 527,891 clients of which 45,409 were loan clients. Loan portfolio was GH¢131 million and client deposit balances were GH¢ 162 million. With a total asset of GH¢ 246.17 million and shareholders net worth of GHS 42.39 million, Opportunity International is clearly one of the biggest savings and loans companies in Ghana with a track record of delivering formal financial services to its clients in a very sustainable way.”
The new board chairman, Katey Assem, was introduced to all staff for the first time.
Some of the staff, who excelled in their various roles, were presented with various awards.
The event was aimed at reviewing and agreeing to strategies for the New Year and how to go about the execution of the strategic plan for 2019.
A renowned Business Consultant, Dotun Osiyemi was also invited to speak to them on governance and leadership.
The training was to equip them to face the current challenges in the banking sector.