NIB Plc to roll out competitive loan scheme for CAGD staff

By Maxwell Awumah

Ho, April 25, GNA – The management of the National Investment Bank (NIB) PLC, has plans underway to institute a highly competitive loan scheme for staff of the Controller and Accountant General’s Department (CAGD).

This would facilitate access to loans at moderate interest rates.

Dr Doli-wura Zakaria, the Managing Director (MD) of NIB PLC, disclosed these at the 2025 Annual Conference of the Controller and Accountant General Department (CAGD) in Ho.

The two-day Conference was attended by a host of accountants and related professionals across the country, and it was on the theme: “Enhancing Public Financial Management Excellence”.

The MD, a former staff of the CAGD fraternity, also pledged on behalf of his Management, to support subsequent Annual Conferences of the Department, in line with the Banks’ corporate social responsibility policy.

“We cannot do it alone; we need your support. Our doors are widely opened for business and to bring the best customer experience to you and our avowed clients,” he said.

He called on all stakeholders to support the government’s vision of bringing the country back onto a sound economic pathway, anchored on prudent financial management.

He said the theme reflected the government’s commitment to eliminating waste, to ensure fiscal consolidation and reset the country through sustainable public financial management mechanisms.

Dr Zakaria disclosed that in a relatively short time, the Bank under his leadership and support from government was showing signs of posting profit and extended heartfelt appreciation to President John Mahama, the Finance Minister, the Governor of the Bank of Ghana and the CAGD for their sustained support towards the Bank’s “Business Sustainability and Digital Transformation” agenda.

He said excellence was always anchored on purpose, professionalism and people-centredness, whether in the public or private sector.

Mr Kwasi Agyei, the Controller and Accountant General, welcoming the juicy deals, said it was an opportune time, adding that with clear strategy, strong commitment and partnership, persistent effort to succeed, “we have the opportunity to endure the current challenges and emerge bigger and more resilient going forward”.

He indicated that discussions were ongoing to look at the future of the Ghana Integrated Financial Management Information System (GIFMIS) launched in 2009, due to current challenges with the system.

Mr Agyei said Management was committed to the welfare and well-being of staff and ready to prioritise establishing a supportive work environment that ensures safety and security, adding that renovation of its office across the country would commence soon starting from the headquarters to minimise disruptions to duty.

He announced that the country would host the third African Association of Accountants-General’s annual international conference in Accra, in November 2025, with the local organising committee already established.

The Controller-General said the gathering would convene accountants engaged in PFM alongside policy-makers, teach leaders, development partners and global stakeholders in the field of accounting.

GNA

MA/CAA