CalBank PLC announced the appointment of Mr. Carl Asem as its acting Managing Director of the Bank, effective 13th February 2024. This follows the retirement of Mr. Philip Owiredu effective 13 February 2024, capping his 4-year tenure as Managing Director and a 20-year tenure at the bank. Mr. Asem, who has held the position of Deputy Managing Director at CalBank since September 2022, brings a wealth of experience and expertise to his new role.

He has played a key role in shaping the strategic direction of the Bank and has been instrumental in its growth and success since joining in 2022.He brings to this position over 20 years of proven expertise in marketing, sales, relationship management, customer service, and business development. He was instrumental in leading and driving strategies and initiatives for growth, planning and the development of sustainable improvement programmes in the Anglophone West Africa region for the Ecobank group where he worked for 19 years before joining CalBank in 2022 as Deputy Managing Director.