Agricultural Development Bank of Ghana Overview

The Agricultural Development Bank of Ghana (ADB) is a unique financial institution that has been serving the agricultural sector in Ghana since 1976. Its primary objective is to promote agricultural development and improve the living standards of rural communities.

The ADB was established by an Act of Parliament, with the main goal of providing financial services to farmers, agricultural businesses, and rural communities. This institution has been instrumental in supporting the growth of the agricultural sector in Ghana.

The ADB offers a range of financial products and services, including loans, savings accounts, and advisory services. These products are designed to meet the specific needs of farmers and agricultural businesses, helping them to access the capital they need to grow and develop their operations.

By providing financial support to the agricultural sector, the ADB has played a crucial role in promoting economic development and improving the welfare of rural communities in Ghana.

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The Agricultural Development Bank of Ghana has a unique bank structure that allows it to focus on the agricultural sector. The bank's structure is designed to support the growth and development of agriculture in Ghana.

At its core, the bank has a strong network of branches across the country, with a total of over 50 branches. This extensive network enables the bank to provide financial services to farmers and agricultural businesses across Ghana.

The bank's structure also includes a robust management team, with a board of directors that oversees the bank's operations and strategy. This team is responsible for making key decisions and ensuring that the bank remains focused on its mission of supporting agricultural development in Ghana.

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The bank's ownership structure is a key aspect of its overall structure. The Government of Ghana holds a significant stake in the bank, owning 51.83% of the stock.

The Bank of Ghana is the second-largest shareholder, owning 48.17% of the stock. This concentration of ownership by the government and central bank suggests a close relationship between the bank and the government.

The ownership breakdown is as follows:

This level of government involvement may have implications for the bank's independence and decision-making processes.

The Board of Directors plays a crucial role in shaping the bank's strategy and direction. They are responsible for overseeing the overall operations of the bank and ensuring that it remains true to its mission.

Mary Abla Kessie, Peter Quartey, and Abena Osei-Asare are the Non-Executive Directors of the bank. They bring a wealth of experience and expertise to the table, helping to guide the bank's decision-making process.

The Board of Directors is comprised of several members, including Mary Abla Kessie, Peter Quartey, Abena Osei-Asare, Evron Rothschild Hughes, Alhaji Habib Iddrisu, Eric Yirenkyi Danquah, and George Kwabena Abankwah-Yeboah.

Here is a list of the Non-Executive Directors: