Consolidated Bank of Ghana (CBG), the second largest bank in Ghana by branch network, has been accepted to join the Commonwealth Enterprise and Investment Council, a major Commonwealth organ created by the 54 Commonwealth Heads of Government to promote trade, enterprise, and investment within and across the Commonwealth of Nations.
CBG joins the Commonwealth at a unique time at it prepares for the Commonwealth Heads of Government Summit in Rwanda in June 2022 and the Commonwealth Games in Birmingham, in the United Kingdom, in July 2022.
It joins an illustrious group of companies such as Standard Chartered, Afreximbank, Dangote group, City of London, De La Rue, Royal Mail and Rolls Royce, whose CEOs will now sit alongside Mr. Daniel Addo, CEO of CBG, on the Global Advisory Board.
Consolidated Bank Ghana (CBG) as our newest strategic partner and to appoint Daniel Wilson Addo, Chief Executive Officer of CBG, to CWEIC’s Global Advisory Council, the bank said on Monday.
- The Bank of Ghana will auction off US$350 million in foreign exchange forwards.
- Ghana’s debt-to-GDP ratio is expected to reach 83 percent, according to Terkper.
The Right Honourable Lord Marland of Odstock, Chairman of CWEIC
With 114 branches across Ghana, CBG is the bank with the second largest presence in Ghana. We are excited about the Pan – African ambition of CBG and believe that its membership of CWEIC will be beneficial to this worthy prospect.
Mr. Gabby Otchere -Darko, Chair of the Advisory Board, CWEIC Ghana
With the Commonwealth’s combined gross domestic product of approximately 13 trillion, the CBG under the aegis of its dynamic CEO is well positioned to become a leading financial player in Africa and the Commonwealth.
Mr. John Obeng Apea, Head of Mission, CWEIC Ghana, Gambia, Sierra Leone and Cameroon
Source: 3news.com|Ghana
