By Hannah Awadzi
Accra, Oct. 22, GNA – The Republic Financial Holdings Limited (RFHL) and Republic Bank Limited (RBL) have announced changes to their executive leadership, confirming the departure of Group President and Chief Executive Officer, Mr Richard S. Sammy.
A statement issued by the Group and copied to the Ghana News Agency (GNA) said Mr Sammy exited the organisation effective October 14, 2026, ending an 18-year career with the Republic Group.
Mr Yashmid Karamath, the Chairman of the Board, thanked Mr Sammy for his contribution to the organisation and commended his leadership and commitment to the Group.
“Richard is a man of unquestionable integrity. Throughout his 18-year career with Republic, he has been guided by his deeply rooted values and the best interests of the Group. We wish him the very best as he moves forward to a bright future,” Mr Karamath said.
The statement said Mr Sammy expressed appreciation to the Group, its customers and staff for their support during his tenure.
“I treasure the strong relationships I have built with our customers, the executive leadership and the entire Republic family. It has been my privilege to serve, and I wish the Group every success in the future,” he said.
The statement also announced that, subject to regulatory approval, Mrs Karen Yip Chuck has been appointed Group President and Chief Executive Officer of Republic Financial Holdings Limited and President and Managing Director of Republic Bank Limited.
Her appointment will take effect on January 1, 2027.
The Group said the transition forms part of its leadership succession plans as it positions itself for continued growth and strategic development across its operations.
GNA
Edited by Benjamin Mensah
Reporter: Hannah Awadzi
Reporter’s email address: [email protected]