Akiba Commercial Bank has appointed Mr. Augustine Akowuah as its new Managing Director.
His appointment takes effect from September 01, 2018.
Mr. Akowuah brings to Akiba, many years of MSME banking experience, including experience in senior management positions in Ghana, Tanzania and Nigeria. His expertise is in the areas of MSME lending, strengthening credit risk management, and operational efficiency and performance-enhancing strategies.
Mr. Akowuah holds a Masters in Business Administration in Finance from Coventry University, UK. He is an alumnus of University of Ghana, where he graduated with Bachelor of Arts Degree in Economics. Mr. Akowuah is also a certified expert in Risk Management.
Board Chairman of Akiba Commercial Bank, Ernest Massawe commented, “The appointment of Augustine Akowuah to head our bank is testimony to our confidence in his qualification and experience in this intricate service industry. We desired to have someone whose professional edge aligns with our vision of serving Micro, Small and Medium enterprises, and we look forward to supporting his leadership strategy in growing our business and enhancing our customer experience”
On his part, Mr. Akowuah, welcomed “this opportunity to be part of the growth story of one of Tanzania’s growing local banks, and look forward to working with the team to position Akiba as a top choice for MSMEs”.
Since 1997, Akiba Commercial Bank has supported the growth of MSMEs in Tanzania, and currently operates from 18 branches in Dar es Salaam, Arusha, Dodoma, Mbeya, Moshi, and Mwanza.