Ken Thompson Appointed Chairman of ADB Board of Directors
The former Chief Executive Officer of Dalex Finance, Mr. Kenneth Kwamina Thompson, has been appointed Chairman of the Board of Directors of the Agricultural Development Bank (ADB).
The newly constituted board also includes Mr. Edward Ato Sarpong, who will serve as Managing Director, alongside board members Mr. Andrew Dari Chiwitey, Mr. Siisi Essuman-Ocran, Dr. E. Prince Arhin, and Hon. Misbahu Mahama Adams. The rest are Wing Commander Samuel J.A. Allotey, Mr. Courage Akanwunge Asabagna, and Mr. Abdul Nasir M. Saani.
Inaugurating the board, Finance Minister Dr. Cassiel Ato Forson urged the members to remain steadfast in fulfilling the bank’s core mandate of supporting the agricultural sector, which he described as central to Ghana’s economic transformation.
“As I emphasised during the ceremony, no country develops without sustained agricultural development,” Dr. Forson said. He further tasked the board to remain purposeful and mission-driven in its work, adding: “I have therefore tasked the new board to remain focused and guided by their primary mandate—serving Ghana’s agricultural sector.”
The appointment of Mr. Thompson is expected to strengthen the governance and strategic direction of ADB, particularly as the bank continues to position itself as a key player in agricultural financing and rural development.
Profile of Kenneth Kwamina Thompson
Mr. Kenneth Thompson is a Chartered Accountant and a member of the Institute of Chartered Accountants in England and Wales. He is an alumnus of the University of Ghana Business School and brings to the role over 17 years of senior executive experience in finance, investment, and risk management.
He previously served as Head of Venture Funds Management at Fidelity Equity Fund I and held the position of Principal Internal Audit Manager at Barclays Bank in the United Kingdom. Mr. Thompson also holds directorships at Reliance Personnel Services Ltd., RPS Engineering Services Ghana Ltd., and the National Lotteries Authority.
His appointment to the ADB board is seen as a strategic move to harness his extensive financial expertise to drive the bank’s renewed focus on agricultural development and economic growth.
