By Michael Owusu Duodu
Derma (A/R), Dec. 01, GNA – The Derma Area Rural Bank (DARB) in the Ahafo Region, has held its 37th Annual General Meeting (AGM), with a call on shareholders and prospective ones, to increase their share purchases.
Mr Gabriel Essandoh, Chief Executive Officer (CEO) of the bank, who made the call in an interview with the Ghana News Agency (GNA) explained that adequate share capital was vital for the growth, viability and sustainability of any serious financial institution.
He, therefore, urged the public to support the bank in this regard.
Mr. Martin Awisi, Head of Audit, said the DARB was committed to best practices and due diligence in all its operations.
He indicated that the bank was safe and secure to do business with, and thus, urged all and sundry, to have confidence and join it, for a positive life changing experience.
Mr. Kofi Owusu, Manager, Banking Operations of the ARB Apex Bank, Headquarters, Accra, commended the Board of Directors, Management and staff of the bank, for their dedicated services, to grow the bank for posterity.
He emphasised the need for increased share purchases, to enable the bank, among other things, to sail above the Bank of Ghana’s threshold for all viable banks in the country.
Two professional accountants- Mr. Stephen Yaw Ntiamoah of the University of Energy and Natural Resources, Sunyani and Ms. Faustina Adu of the College of Health, Yamfo, were unanimously elected to the bank ‘s Board, for a three-year tenure.
The function was chaired by Mr. Isaac Agyei Buabeng, Chairman of the Board of Directors of DARB.
GNA