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Ghanaian takes office as Vice-President of Ecowas Bank

BY: Samuel K. Obour

A Ghanaian lawyer and marketing expert, Dr George Agyekum Nana Donkor, has been sworn into office as the new Vice-president (Finance and Corporate Services) of the ECOWAS Bank for Investment and Development (EBID).

He took the official oath before the President of the bank, Mr Bashir Mamman Ifo, and the Board of Directors of the bank at a ceremony in Lome, Togo.

The Board of Directors of the bank appointed Dr Donkor as Vice-president at its 39th session in December, last year.

By this appointment, he becomes the EBID’s second Vice-president, a deputy chief executive since the bank’s restructuring by the Authority of Heads of State and Government of ECOWAS in 2003, merging the then two subsidiaries, namely the ECOWAS Regional Development Fund (ERDF) and the ECOWAS Regional Investment Bank (ERIB), into a single command structure, ECOWAS Bank for Investment and Development Group.

The bank is owned by the 15 member states of ECOWAS, namely Benin, Burkina Faso, Cap Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.

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The position of Vice–president became vacant on  October 10, 2011, when the then Vice-president in charge of Finance and Corporate Services, Mr Ifo, a Nigerian, was appointed President of the bank.

Dr Donkor, 47, is a lawyer and solicitor of the Supreme Court of Ghana, a Notary Public and a member of the Ghana Bar Association.

He joined the bank as Head of Legal Division in 2008. Prior to that, he worked with the ARB Apex Bank Limited as Head of the Legal Department and was also in charge of compliance.

He holds a PhD in Marketing from the Commonwealth Open University, United Kingdom,  an MBA (Marketing) and LL.B (Hons.) from the University of Ghana, Legon. He has over 19 years post qualification experience in senior management positions.