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Carl Selasi Asem appointed as Managing Director of CalBank PLC

CalBank PLC has officially confirmed Carl Selasi Asem as the Managing Director, effective September 4, 2024, following his successful tenure.

CalBank PLC has officially confirmed Carl Selasi Asem as the Managing Director, effective September 4, 2024, following his successful tenure in an acting capacity since February 13 of this year.

Mr Selasi Asem’s leadership appointment comes at a pivotal time as the bank seeks to solidify its growth and continue on its upward trajectory.

Carl Selasi Asem first joined CalBank in 2022, bringing with him a wealth of experience and expertise across various sectors, including marketing, sales, relationship management, customer service, and business development. In just two years with the bank, Mr Selasi Asem has played a crucial role in shaping its strategic direction, introducing a series of innovative reforms that have driven both growth and operational success.

Since taking on the role of Acting Managing Director in early 2023, Carl Selasi Asem has guided CalBank through challenging financial times, including navigating the bank back to profitability in 2024 after a period of economic difficulty. His leadership has been marked by a commitment to sustainable development, focusing on long-term strategies that have reinvigorated the bank’s approach to customer service and business expansion.

Joe Mensah, Chairman of CalBank’s Board of Directors, expressed his excitement and confidence in Mr. Asem’s appointment.

“I am delighted at Carl’s appointment as substantive managing director, a moment I have looked forward to since he joined the bank in 2022. Carl’s extensive leadership background has placed him well to play an instrumental role in leading and driving strategies and initiatives for CalBank’s growth and the development of sustainable improvement programmes.”

Under Carl Selasi Asem’s leadership, CalBank is expected to deepen its focus on innovative banking solutions, fostering stronger customer relationships, and accelerating its digital transformation.

With a proven track record in leadership and an eye for opportunity, Carl Selasi Asem is set to lead CalBank into its next chapter of success, positioning the bank as a key player in Ghana’s financial sector.

As CalBank continues to evolve, Mr. Asem’s appointment signals a renewed commitment to excellence, innovation, and sustainable growth that will further enhance the bank’s contribution to the country’s economy and its customer base.

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