ARB Apex Bank appoints Senior Executives

Michael Appiah – Newly appointed Head, Operations

As part of the processes to reposition the ARB Apex Bank to become more responsive to the changing needs in the banking environment and be able to serve the Rural and Community Banks (RCBs) better, ARB Apex Bank has appointed three senior executives. All the appointments are effective from September 3, 2018.

The three senior level management appointees are Michael Appiah, who is the Head of Operations; Joseph Osei Asantey, Head of Risk and Credit Management; and Gordon P. D. Dery, Head of Business Development, Marketing and Research.

Michael Appiah – Head, Operations

In his new role, Michael Appiah will be responsible for Information and Communication Technology (ICT), e-Banking, Information Security, Banking Operations, and Service Quality.

Appiah is the first and only (epi) Certified Data Centre Expert (CDCE), Certified Data Centre Specialist (CDCS) and Certified Data Centre Professional (CDCP) in Ghana. He has more than 17 years of consulting experience in ICT, Retail and Rural Banking. His core competencies include Core Banking Implementation Support, Data Centre Design, Implementation, Operations and Retirement, IT Systems Requirement Development, Wide Area Network (WAN) Management, Business Process Re-engineering, e-Banking, IT Strategy Development, IT Systems Quality Assurance, and Project Management.

Prior to joining ARB Apex Bank, he was the Managing Partner of FMS Technology Group, an IT Consulting Company with special focus on the financial sector and data centre consulting. He has also worked with ARB Apex Bank, where as head of the Data Centre he led the Rural Banks’ Computerisation and Interconnectivity Project under Compact One of the Millennium Challenge Account, which saw to the computerisation of more than 130 RCBs. As a Deputy Head of the ICT Department at ARB Apex Bank, he helped set up the Bank’s Customer Care Unit and was very instrumental in the computerisation component of the Rural Financial Services Project (RFSP) sponsored by the World Bank.

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Appiah holds a Master’s Degree in Information Technology from the Open University of Malaysia, and a Bachelor of Science Degree in Computer Science and Statistics from the University of Ghana, Legon.

Joseph Osei Asantey – Head, Risk and Credit Management

Prior to joining ARB Apex Bank as Head of Risk and Credit Management, Asantey was the Chief Risk Officer of Premium Bank. At Standard Chartered Bank Ghana Limited, Asantey joined the Credit Risk Team as a Senior Manager, played different Credit Risk and Operational Risk Roles, and was later made a member of the Africa Retail Risk Policy Team at the bank.

He has also worked with the Bank of Africa Ghana Limited (the then-Amalgamated Bank), where he rose through the ranks to become Acting Head of Credit Risk. Asantey also worked with the National Board for Small Scale Industries across five regions of the country: namely, Central, Eastern, Greater Accra, Western and Volta Regions respectively.

Asantey holds an MSc in Economics and an EMBA in Banking and Finance. He is a Chartered Economic Policy Analyst (CEPA, USA), a Chartered Financial Economist (CFE, USA), a Certified Risk Analyst (CRA), a Certified Operational Risk Manager (CORM), Fellow of the Global Academy of Finance and Management (FGAFM, USA), and a Fellow of the Association of Certified Chartered Economists (FCCE, USA Global).

Gordon P.D. Dery – Head, Business Development, Marketing and Research

Gordon Dery brings to ARB Apex Bank rich experience spanning more than 20 years in both local and international companies. Until he joined ARB Apex Bank, Dery was an Associate Executive Director for Wealth Management at FirstBanC Financial Services. He also served as Head of Marketing and was later promoted to Director, Business Development. At FirstBanC, he helped to build a strong Marketing Department, which brought in significant funds and thereby helped the company to win several awards. He also led the investment bank’s expansion to several regions of the country.

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Before joining FirstBanC, he worked with Eximguaranty Company Ghana as Head of Marketing, Research and Product Development – where he spearheaded the company’s business development efforts and marketing strategy, which led to expanding its business to the Western and Northern parts of the country.

Dery has also worked with Fidelity Bank as a Relationship Manager, where he managed a portfolio of corporate clients. Before Fidelity Bank, he was a lecturer at the Regent University College of Science and Technology, as well as the Ghana Institute of Management and Public Administration (GIMPA).

He holds an MBA in Strategic Marketing from the University of Hull in the United Kingdom and a Post-graduate Diploma in Marketing (CIM, UK). He also holds a Bachelor of Arts Degree in Economics and a Diploma in Education from the University of Cape Coast.

Dery is a full member of the Chartered Institute of Marketing, Ghana (CIMG), where he also serves on the Project Committee. He is a full member of the Global Marketing Network. He is fully licenced by the Ghana Stock Exchange (GSE) as an Investment Banker.

It is expected that this rich cadre of top executives will bring their rich exposures to bear on the operations of ARB Apex Bank and the Rural and Community Banking (RCBs) fraternity. There are currently 142 RCBs in the country.

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