Stanchart Ghana PLC appoints new directors to its board
Naa Adorkor Cudjoe

Stanchart Ghana PLC appoints new board directors

Standard Chartered Bank Ghana PLC has appointed Naa Adorkor Codjoe and Subhradeep Mohanty as Independent Non-Executive Director and Non-Executive Director respectively to the Board of the bank with effect from 26th October 2023.

The two come on board with a broad range of expertise and experiences across finance, strategic leadership, corporate governance and risk management. 

In a release issued by the bank, it said their appointments will further strengthen and deepen the diverse blend of expertise on the bank’s board.

Ms Codjoe is an accomplished and seasoned enterprise risk management specialist and a Chartered Accountant.

She has over 24 years of professional working experience, 22 years of which is post qualification experience as a Chartered Accountant with a background and expertise in external audit, accounting, corporate governance, risk management and business advisory.

She holds a Master of Science degree in Enterprise Risk Management (ERM) from the Columbia University, New York and an International Certificate in Enterprise Risk Management from the Institute of Risk Management, UK.

She is also an alumnus of both the University of Ghana Business School and the China Europe International Business School where she obtained her bachelor’s and Executive MBA degrees respectively.

Ms Cudjoe worked in both the Ghana and the London offices of PricewaterhouseCoopers for over 10 years.

Commenting on her appointment, she said, “It is such an honour to join the rich and diverse team on this Board. I look forward to supporting the Chairman and members of the board to continue to deliver on the Bank’s strategy.”

Subhradeep Mohanty

Mr Mohanty is the Regional Chief Financial Officer for Standard Chartered Bank for Africa and the Middle East.

He has over 21 years of diverse international experience with various financial institutions across Asia, USA, Africa and Middle East, with responsibilities spanning finance, strategy, risk, corporate development & business transformation.

He has been recognised by AsiaOne as “One of Asia’s top CFOs’ in 2017 and by CFO Power List as an “Icon for Building Finance Organization” in 2019. He has previously worked with JP Morgan in Asia and with American Express in the USA & Asia.

He holds an MBA in Strategy & Finance from IIMAhmedabad, India and an engineering degree from IIT-Chennai, India.

Driving growth

Commenting on his appointment, he said “Ghana continues to be key market in the Africa and Middle East (AME) Region for Standard Chartered and has a lot of growth prospects and opportunities. I look forward to working with the Board to drive growth and strengthen our bank in the Market”.

Speaking on the appointments, Board Chairman, Ebenezer Twum Asante remarked, “Naa Adorkor and Subhradeep’s appointments to the Board are significant. They are joining us at an opportune time where their expertise and experience will be leveraged to accelerate the gains we are making in the market. I look forward to working with them to drive our strategic ambitions”.

The new appointments now leave the total number of Directors on the Bank’s Board at nine with a rich representation and diversity of skill, gender and expertise spanning different industries and geographies.

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