The Agricultural Development Bank Limited (ADB) has been adjudged Best Bank for the Year 2020 at the maiden edition of the National Business Honours Awards night held at the Labadi Beach Hotel.
In addition, the Bank’s Managing Director, Dr. John Kofi Mensah, was named the National Business Hero in Banking (Public Sector) for the Year 2020.
According to the event’s organiser, Global Ovations, the bank’s consistent financial growth, support for key government initiatives and the various Corporate Social Responsibility activities embarked on during the COVID-19 pandemic’s peak was remarkable.
The organiser further said the award to Dr. Kofi Mensah is in recognition of his outstanding performance since assuming the role of Managing Director, having moved the bank from being a loss-making to a consistently profit-making one.
In addition, he has refocused the bank to its core business mandate of agribusiness financing, and has led it to be a major partner of government initiatives such as One District, One Factory; Planting for Food and Jobs etc.
The awards scheme is a high-impact, economic empowerment and leadership event to champion business growth, economic empowerment and job creation in Ghana.
With the business community at heart and Ghana’s future in mind, the awards scheme is committed to the promotion of professionalism and high standards of cooperation among sector players across the country.
Addressing the awardees, the Chief Executive Officer (CEO) of Global Ovations Limited – organiser of the scheme, Mr. Gideon Raji, commended Ghanaian firms for persevering despite unexpected challenges they were confronted with because of the COVID-19 pandemic.
Speaking on the theme ‘AfCFTA, Potential Benefits and Impact in Rebuilding Africa’s Economic Resilience in the Wake of COVID-19’, Mr. Raji noted that all the recipients of honours made remarkable sacrifices to achieve their business objectives during one of the most challenging periods in modern commerce.
Other recipients of the awards were: Guinness Ghana Limited, ECOM Ghana, Ghana Shippers Authority, Zoomlion Ghana Limited, B5 Plus Group, Ghana Shippers Authority, RwandAir, JRA Cosmetics, Nationwide Medical Insurance and other distinguished personalities.