The majority shareholder of ADB has nominated Chartered Accountant and former Deputy Minister of Communications, Edward Ato Sarpong as the new Managing Director of the bank.
Sources say the Board of ADB has approved the nomination of Mr. Sarpong subject to approval by other regulators like the Bank of Ghana, the Securities and Exchange Commission and the Ghana Stock Exchange.
Mr. Sarpong has already been introduced to the staff at the durbar.
He takes over from Alhassan Yakubu Tali, who announced his resignation effective February 5, 2025.
Profile of Mr Ato Sarpong
Mr Sarpong served in several business positions over the years including Managing Director of Africaonline, Chief Operating Officer of K-Net from 2009 to 2011. He also served as the Deputy Minister of Communications under John Mahama in 2014.
He is also a member of the Institute of Chartered Accountants Ghana, and an Alumnus of the University of Professional Studies, UPSA.
He also attended the University of Ghana Business School where he obtained an Executive Masters Degree in Entrepreneurship.
He is also an alumnus of the Manchester Business School of Leadership Development Programme.
Mr Sarpong also worked as a Business Consultant for Multimedia Group Limited, owners of Joy FM, Adom FM, Multi TV and others, as well as a Business Consultant and Trainer for Edge Capital Partners, his own firm, since 2011, and served as a business and leadership trainer and motivational speaker.
