• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Universal Merchant Bank Ltd Appoints New Chief Executive Officer

3 months ago
in Banking & Finance, Business, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
134
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Universal Merchant Bank Ltd Appoints New Chief Executive Officer

Universal Merchant Bank Ltd (UMB), a leading Indigenous Ghanaian Bank renowned for being one of the oldest Banks in Ghana serving Ghanaian businesses, individuals and their families for over 50 years (since 1972) and with its customer-centricity and digital banking solutions is pleased to announce the appointment of Dr. Philip Oti Mensah as its new Chief Executive Officer

With a distinguished career spanning over 20 years in banking and financial services, Dr. Philip Oti-Mensah brings to UMB a wealth of experience in strategic leadership, operational excellence, and innovation-driven growth.

Dr. Philip Oti-Mensah is a dynamic and results-driven business leader with experience in Banking and Development Finance. His career spans leadership roles across Africa, where he has played a pivotal role in driving growth, operational excellence, and financial inclusion.

Throughout his career, Dr. Philip Oti-Mensah has led and advised numerous financial institutions, demonstrating a strong track record of transformation and innovation. He has served as a Management Consultant for FINCA Bank Tanzania, a Non-Executive Director at ProCredit Bank Congo, Deputy CEO of ProCredit Ghana, CEO of Union Savings and Loans, and CEO of OmniBank.

In his most recent role as Executive Director and Chief Operating Officer of OmniBSIC Bank, he successfully led the seamless integration of systems, policies, and procedures following the bank’s merger. He also spearheaded a customer experience transformation program, reinforcing the bank’s position in the financial sector.

Dr. Philip Oti-Mensah holds a Bachelor of Science in Banking and Finance and a Master of Business Administration (MBA) in Project Management from the University of Ghana Business School. Additionally, he earned a Master of Applied Business Research and a Doctor of Business Administration from the Swiss Business School. His executive education includes programs from globally renowned institutions such as INSEAD (Singapore) and the London Business School (UK).

RelatedPosts

‘Poisoned Playgrounds’: National NGO Forum Demands Urgent Action to End Child Labour in Galamsey

Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price

Crypto Outpaces Traditional Finance: Fastest Growing Companies of 2025

A distinguished finance professional, he is a Fellow of the Chartered Institute of Management Accountants (CIMA) and a Certified International Change Manager (CICM). He also holds a postgraduate diploma in International Bank Management from the ProCredit Academy in Germany.

His outstanding contributions to the financial sector have earned him numerous accolades, including the President’s Award for Excellence in Banking and Finance (2020) and the Private Sector COO of the Year (2023).

Beyond his corporate leadership, Philip Dr. Oti-Mensah is an international speaker and guest lecturer on Leadership and Financial Inclusion. He also serves on the boards of several reputable institutions in Ghana.

Mr. Derrick Hope Gidzi, Acting Chairman of the UMB Board, commented: “We are delighted to welcome [Philip]to the UMB family. [ His proven track record and visionary outlook align perfectly with our long-term strategic goals. We are confident that UMB will continue to excel under his leadership.”

In response to the appointment, Dr. Philip Oti-Mensah stated: “I am honoured to join UMB at such a pivotal time. UMB is a proudly Ghanaian institution with a deep commitment to excellence, innovation, and service. I look forward to working closely with the board, management, and staff to unlock new opportunities and deliver lasting value to our customers and communities, to bring long-term value to all stakeholders.”

About Universal Merchant Bank (UMB)

Established in 1972, UMB is a full-service financial institution specialising in customised banking products and services. Headquartered in Accra, with branches across Ghana, UMB is known for its entrepreneurial heritage, strong SME support, and leading digital banking platforms. The bank remains committed to empowering individuals and businesses through innovative and responsible banking.

Tags: Universal Merchant BankUniversal Merchant Bank Ltd Appoints New Chief Executive Officer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Gov’t Denies Cancelling $1.2bn Bauxite Lease to Rocksure, Dismisses Project Valuation

Cautious Lending, Bigger Investments Anchor StanChart Ghana’s 2025 H1 Results

GOIL Company Profits Halve Despite Revenue Growth in Q2 2025

Excitement Builds for the 2025 Hungarian Grand Prix: Key Storylines to Watch

World Bank Plans Securitisation, Debt Swaps to Boost Development

BoG to Relaunch Ghana Gold Coin under ‘Cedi@60’ Initiative

Trending

Features

‘Poisoned Playgrounds’: National NGO Forum Demands Urgent Action to End Child Labour in Galamsey

July 31, 2025

‘Poisoned Playgrounds’: National NGO Forum Demands Urgent Action to End Child Labour in Galamsey The National NGO...

Fixing the Farmgate to Protect Cocoa’s Future: Farmers Deserve Fairer Price

July 31, 2025

Crypto Outpaces Traditional Finance: Fastest Growing Companies of 2025

July 31, 2025

Gov’t Denies Cancelling $1.2bn Bauxite Lease to Rocksure, Dismisses Project Valuation

July 31, 2025

Cautious Lending, Bigger Investments Anchor StanChart Ghana’s 2025 H1 Results

July 31, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.