The Chartered Institute of Credit Management, Ghana (CICM) has conferred an Honorary Fellowship title on Mr Eric Appiah, Board Chairman of Atwima Rural Bank PLC at Foase in the Atwima District of Ashanti Region.
The conferment on Mr Appiah according to the governing council of CICM is in recognition of his distinguished leadership qualities, innovation, hard work, tenacity, teamwork and high sense of professionalism.
The Fellowship Title was conferred on him at the the Second Ghana Credit Excellence Awards and Presidential Ball 2021 recently held to reward financial sector players and individuals who have excelled in the field of credit management.
The primary purpose of the award scheme according to the organisers is to inspire the financial institutions and staff to exhibit sound credit risk management as well as adherehence to banking regulations.
The conferment of the honorary fellowship tiltle on him derived deep into his enviable track record aimed at motivating him to forge ahead courageously with his impressive laurels and likewise to stimulate his colleagues in the same industry to emulate his shining example.
Mr Eric Appiah told Business & Financial Times in an interview that the honour done him by CICM will motivate him to do more and to achieve more for the industry he finds himself as well as challenging himself to aspire to greater heights and ultimately to impact society.
The Director of Banking Supervision Department of Bank of Ghana, Osei Gyasi, speaking on the theme “Leveraging the Africa Continental Free Trade Agreement (AfCFTA) to boost Ghana’s Economic Development: The role of the Financial Service Sector”, pledged the Central Bank’s commitment to monitor the changing financial landscape and put in place measures to assess financial vulnerabilities in other AfCFTA member countries.
He commended the organisers of the event for the good job done over the years for promoting a standard of professional competence in sound credit risk management in Ghana.
The Chartered Institute of Credit Management, Ghana has a mandate to promote the standard of professional competence in good credit and risk management in Ghana, through a variety of initiative ideas that it had undertaken over the years as a professional organization, registered under the professional bodies Act 1973(NRCD 143).
CICM believes that banks must understand the regulatory environment, cultures and have the technology and innovation platform to prosecute their mandate. In the consequence, Banks must support Fintechs to push Africa to benefit from the global market trade agenda.