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Home » We’ll reposition NIB towards rapid industrialisation – MD

We’ll reposition NIB towards rapid industrialisation – MD

johnmahamaBy johnmahamaMay 1, 2025 Economic No Comments3 Mins Read
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Chief Dr Doli-Wura Awushi Abdul-Malik Seidu Zakaria, the Managing Director of National Investment Bank (NIB) PLC, says the bank will reposition itself to ensure rapid industrialisation.

He said under his tenure, the bank would initiate moves to support three industries or three individuals in each region through special moderate loans or investing in equity interest in organisations.

Dr Zakaria said this in Accra at the inauguration of the newly elected executives of the Professional and Managerial Staff Union (PMSU) of NIB.

The initiative, he stated, would help the industries to expand their business portfolios and create more jobs for the population.

“The biggest asset in every organisation is the human being. By the grace of God, I have been able to run a successful business for the last two decades.

“If you want your business to succeed, do not joke with the human capital. One way they will support you is for you to be honest and transparent,” he said.

The Managing Director challenged management and staff of the bank to work hard and do everything possible to change the fortunes of the bank.

“I do not want to go into politics, but sincerely, NIB was deliberately brought down.

“NIB has properties all over, even in abundance that could be utilised for the benefit of the bank and the country,” he said.

He encouraged all staff to market the bank and speak positively about the bank to gain the trust and confidence of the public to advance its operations.

Mr Morgan Ayawine, the General Secretary of the Industrial and Commercial Workers’ Union, Ghana, swore in the new executives of PMSU of NIB.

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The General Secretary urged the executive of the Union to be honest and diligent in the discharge of their duties.

He urged the Union to be sincere in their relationship with management while management be open and fair to ensure peace and harmony.

Mr Michael N.Davies, the outgoing Chairman of PMSU of NIB, thanked all who helped in diverse ways to prevent the merger of NIB and the Agriculture Development Bank.

Mr Robert Afrifa Twumasi, the newly elected Chairman, PMSU of NIB, pledged to work to improve the welfare of staff for optimum performance.

The newly elected executives of the Union of NIB include Mr Prince Kofi Adzah, Vice Chairman; Ms Mary Donkor Kwobuk as the Secretary; Mr Obed Kwasi Ganyaglo as the first trustee; and Ms Adjoa Amankrah Eduah as the second trustee.

Mr Michael Kuuku Abban is the youth representative, while Ms Irene Osei Tanoh is the women’s representative.

GNA



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