CalBank’s Board of Directors (BoD) jointly oversee the activities of the bank and offers guidance in its operations. It has ultimate responsibility for the success of the Bank and for delivering sustainable shareholder value within a framework of prudent and effective risk and management controls.

Philip Owiredu

Mr. Philip Owiredu
Managing Director

Philip Owiredu is a Chartered Certified Accountant with varied experience in banking, auditing, accounting, and consultancy and has been in general management working in the banking sector for 15 years.

Prior to being the MD of CalBank, Philip rose through the ranks from Financial Controller upon joining the Bank in December 2004 from KPMG to Executive Director and Chief Finance Officer (ED & CFO). As the Executive Director, his responsibilities included ensuring the provision of optimal support to all the business and operational functional areas of the Bank, and implementing the relevant key performance goals under his purview. He also led the development and monitoring of the Bank’s strategic plan and its direction, and raised medium to long-term funding, mostly from development financial institutions, to support the asset portfolio of the Bank. Philip also had responsibility for the overall financial management of the bank, ensuring adherence to regulatory and statutory requirements.

Joe Mensah

Joe Mensah

Mr. Joe Mensah has 35 years expertise leading rapid growth strategies, compliance and establishing robust controls in the Banking Sector. He directs business-critical projects and instigates change, creating a culture based on performance, efficiency, and engagement. Mr. Joe Mensah was the CEO of Ghana International Bank PLC (London) for 13 years. Prior to this, he was the General Manager of Ghana International Bank for 4 years. Mr. Mensah worked as the Head of International Banking at the then Trust Bank Ghana. He also worked with the Agricultural Development Bank of Ghana for 15 years. He holds a Master’s degree in Banking and Finance and a Bachelor’s Degree in Business Administration.

Helen Nankani

Mrs. Helen Nankani
Non-Executive Director

Mrs. Nankani is a retired Senior Economist who worked with the World Bank for eighteen years. She was one of the pioneers of the World Bank’s work on Privatization of Public Enterprises and Private Sector Development. She managed projects aimed at determining the economic and financial feasibility of private participation in the water sector, principally in South Asia, the Caribbean and Brazil, where she lived for four years. Prior to joining the World Bank, she worked as a consultant for Arthur D. Little Inc., Cambridge, Massachusetts, and The United Nations, New York, N.Y. She was also a partner at Financial Development Services, a consulting firm in Arlington, Virginia.

Ms. Rosalind Nana Emela Kainyah
Non-Executive Director

Ms. Rosalind Nana Emela Kainyah is a lawyer by profession and is the Managing Director of Kina Advisory Limited (UK), advising companies on how best to contribute to socio-economic development in the countries in which they operate. Rosalind has extensive experience in Government relations, political risk management, social investment, and corporate and environmental law, focusing on the mining and oil industries in Africa. She has held senior positions with Tullow Oil plc and De Beers and has advised governments on policy and legislative matters. She holds a BA (English) from the University of Ghana and an LLM from University College, University of London. She was called to the Bar of England and Wales (Gray’s Inn) in 1988 and is a member of the Chartered Institute of Arbitrators.

Kofi Osafo-Maafo

Mr. Kofi Osafo-Maafo
Non-Executive Director

Mr. Kofi Osafo-Maafo is the Deputy Director General, Investments & Development at the Social Security & National Insurance Trust (SSNIT) of Ghana. He is a senior investment professional with 22 years’ experience in the UK investment management and investment banking industry. Kofi has held senior positions at Pictet Asset Management, Unicredit Bank, and HSBC Global Asset Management. He has experience across a wide range of sectors, including Oil & Gas, Mining, Building & Construction, and Agriculture and Chemicals, covering transactions across Europe, North America, and Global Emerging Markets, including Africa. Kofi holds an MA (International Business & Finance) from the University of Reading (UK) and a BSc (Economics) from Queen Mary’s College, University of London.

Nana Otuo Acheampong

Nana Otuo Acheampong
Non-Executive Director

Nana Otuo Acheampong is a banking consultant and the Executive head of the Osei Tutu II Centre for Executive Education & Research (OTCEER) in Ghana. Prior to this appointment, he headed the Faculty of Financial Reporting and Investment Banking at the Ghana National Banking College (GNBC) for 4 years – from 2008 to 2012.

In 2008, he was appointed to head the Faculty of Financial Reporting & Investment Banking at the GNBC, where he headed various sub-committees. He has been the Chairman of the Award Planning Board of the Ghana Banking Awards (GBA) since 2012.

He holds an undergraduate degree in Accounting & Management Science from the University of Southampton, UK, and a postgraduate diploma in Management as well as an Accounting degree from the University of Northumbria, Newcastle, UK. He has been a member of the British Accounting Association since 1994 and is currently a member of the Chartered Institute of Bankers in Scotland.


Richard Arkutu

Richard Arkutu
Non-Executive Director

Mr. Richard Arkutu is a finance professional. He worked with the International Finance Corporation (IFC) and the World Bank Group for 14 years in Infrastructure Development. Prior to this, Mr. Arkutu was the Vice President of Citibank Nigeria, sub-Saharan Africa Corporate Finance and Investment Banking Department, Lagos, Nigeria. Previously, he worked as the Manager/Treasurer for Citibank South & East Africa Corporate Finance Department in Nairobi, Kenya. Mr. Arkutu worked as a senior Financial Analyst for Ashanti Goldfields Company Limited in their Corporate Finance/Treasury department. He has a Masters degree from McGill University, Montreal, Quebec, Canada, as well as a first degree in Business Economics from Vesalius College, Vrije Universiteit, Brussels, Belgium.

Ben Gustave Barth

Ben Gustave Barth
Non-Executive Director

Mr. Ben Gustave Barth is a seasoned, multidisciplinary finance and consulting executive with an 18-year proven track record in analyzing and assessing the risk of investment portfolios and in structuring transactions. Now, he is the Managing Director of Axcero Advisors. Prior to this, he was a senior partner with The Highland Group in Accra and Lagos. He also served as the COO and VP Finance for Chester Engineers Africa Inc., Accra, Lagos, and Pittsburgh (USA). Mr. Barth was the Director of Business Development at Jonah Capital Limited. He also worked with Stanbic Bank Ghana Limited as the regional Operations Head. Prior to this, he worked with Ecobank Ghana and Citibank N.A, New York, USA. Mr. Barth has a Master’s degree from Harvard Business School, Boston, MA, USA and a first degree in Business Administration from the University of Ghana, Legon.

Mr. Solomon Asamoah

Solomon Asamoah
Non-Executive Director

Mr. Asamoah is an investment professional with 25 years of experience in both developed and developing markets. He has personally led over US $4 billion in transactions across the African continent. In April 2017, he was appointed the CEO of the Ghana Infrastructure Investment (GIIF), an investment vehicle, initially capitalized at US $250 million, with a mandate to originate, structure and invest in infrastructure-related projects across Ghana. Prior to that, he was advising the Federal Government of Nigeria on the implementation of their infrastructure program. Up until 2016, he was the Vice President of Infrastructure, Private Sector and Regional Integration at the African Development Bank (AFDB). Mr. Asamoah was the Vice President for Private Sector and International Investment at the Development Bank of Southern Africa (DBSA), based in Johannesburg. He was formerly the Special Assistant to the Executive Vice President of the International Finance Corporation (IFC) and Managing Director and later became a principal investment officer at IFC Johannesburg. Prior to this, Mr. Asamoah was an investment banker with HSBC Markets, London. He has a Master’s degree in Chemical Engineering from Imperial College University of London, UK.

Kweku Baa Yoku Korsah

Kweku Baa Yoku Korsah
Non-Executive Director

Mr. Kweku Baa Yoku Korsah is a Strategy and Technology consultant who currently works as a Managing Director for BC Payments Ltd, a Fintech in the payments industry. Before that, he was the Managing Director of Bluechain Africa Ltd., developers of the payment technology being rolled out by BC Payments Ltd in Ghana. He also worked with JMR Infotech Ghana Ltd as the Chief Executive Officer. Mr. Korsah was the Chief Operating Officer (COO) for Ghana Interbank Payment and Settlement Systems Ltd (GhiPSS). He worked as an Internet Marketing Consultant with WSI-Applied Technology and before that was a Partner with KPMG. He is a fellow of the Chartered Institute of Management Accountants, (FCMA), and is a Chartered Global Management Accountant (CGMA). He has an MSc. in Business Systems Analysis and Design from City University, London, UK.

Cynthia Forson

Dr. Cynthia Forson
Non-Executive Director

Dr. Cynthia Forson is currently an Associate Professor in Human Resource Management and Organizational Behavior and Deputy Provost at Lancaster University Ghana. Prior to this, she was the Head of Department, Management leadership and organization, at Hertfordshire Business School. She is the Principal Lecturer in HRM, Associate Head of Department and Head of the HRM subject group at the same university. Prior to this, Dr. Forson was the Senior Lecturer in HRM and programmer Tutor for the BA (Hons) Business Studies program at Queen Mary College, University of London, UK. She was also the Teaching and Research Fellow, School of Management at the University of Hertfordshire, UK. Dr. Forson was also a lecturer in HRM at Hertfordshire Business School as the Human Resource Director. She worked as a Junior Associate, Corporate Law at Maxwell and Maxwell Law Offices in Monrovia, Liberia for 4 years. She has a Bachelor of Laws from the University of Ghana and a Master of Law (LLM) from the University of Pennsylvania, Philadelphia, USA. Dr. Forson has an MBA from the University of Hertfordshire, UK, as well as a Doctor of Philosophy (PhD) from Queen Mary’s College, University of London, UK.

Senior Management



Philip Owiredu

Chief Executive Officer/Managing Director

Thomas Boansi-Sarpong

Executive Head, Finance and Operations

Barbara Banson

Chief Risk Officer

Samuel Tamakloe

Chief Technology Officer

Peter Fordjor

Group Head, Consumer and Retail Banking

Joejo Wodow-Hammond

Group Head, Operations




Samuel Kwame Boafo

Head, People & Culture

Eugene Gilbert Amponsah

Ag. Head, Legal

Philip Duodu Fynn

Head, Treasury

Joel Ntefuni Nandan

Head, Recoveries

Kofi S. Siabi

Head, Marketing

John D. Essuah

Head, Digital Solutions

Yaw Anim Barnafo

Head, Shared Services

Dzifa Amegashie

Head, Investor Relations

Dzifa Nyansafo

Head, Credit

Sadick Arthur

Head, Risk

Henrici Aboa

Head, Internal Control

Adwoa Asare-Asamoah

Head, Customer Experience

Henrietta Polley

Head, Information Security

Franklin Attianah

Head, Corporate & Project Finance

Reindorf Gyamena

Head, Banking Operations

Martha Acquaye

Head, Digital & Inclusive Banking

Kwame Amoakohene

Head, Personal Banking

Cynthia Otchere-Mintah

Head, Corporate & Institutional Banking

Ama Adu-Asare

Head, Platinum Banking

Mark Asomaning

Head, Internal Audit

John Akoto Inkum

Regional Corporate Manager, Northern Sector

Alfred Acquah

Regional Corporate Manager, Western Sector

Gabriel Acquaah-Arhin

Head, Compliance / AMLRO

Robert Boti

Head, MIS

Abena Asare-Marfo

Head, Global Trade Facilitation

Theodore Asamoah

Head, Finance

Roselind Akko

Head, Women Banking

Brigid Ofosuhene

Head, Strategy and Performance

Elijah Donkor

CEO, CalAsset Management Ltd.

Nan Opoku

Head, CalBank Custody Services

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