George Agyekum DONKOR, PhD, DBA President and Chairman of the Board of Directors
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) comprising Ministers of Finance and Economic Planning of the fifteen (15) ECOWAS Member States appointed Dr George Agyekum Nana Donkor, as the new President of the Bank with effect from 3rd February 2020.
The appointment took place during the 9th Extraordinary Session of the Board of Governors held on 13th January 2020, in Lome, Togolese Republic. Prior to his appointment, Dr Donkor held the position of Vice President in charge of Finance, Administration and Corporate Services of the Bank for seven (7) years. He had also held the position of Head of Legal Division and Compliance Officer of the same Bank.
With over twenty-five (25) years experience in senior management positions, Dr Donkor brings on board a wealth of relevant experience in various disciplines including Finance, Strategic Management, Marketing, Legal, Compliance and Administration. As a veteran in the field of corporate sustainability, Dr Donkor possesses unique skills in leadership, change management and policy formulation. He has hands-on experience in innovation, organizational design, development and improvement. He has spearheaded and implemented several strategic initiatives in the Bank including opening up the Bank’s capital to non-regional members, rating of the Bank by international rating agencies, first time adoption of the International Financial Reporting Standards (IFRS), and valuation of the Bank’s stock. He led the Bank in its maiden roadshow initiative into the United States of America and the United Kingdom financial markets which have paved way for the Bank’s maiden issuance of Eurobond.
At the operational level, Dr Donkor led significant growth in the Bank’s assets, profitability and shareholders’ value creation. Dr Donkor is highly successful in implementing business processes, achieving goals and optimizing business procedures. He is also extremely talented in leading diverse teams from multi-cultural environment. He is a recipient of the 2019 Ghana Innovation/NIBS Leadership Award.
He holds a Doctor of Business Administration (DBA) and a Master of Applied Business Research (MABR) from the SBS Swiss Business School, Zurich, Switzerland. He also earned a Ph.D. (Marketing) from the Commonwealth Open University (CoU), British Virgin Island, and an Executive MBA (Marketing) from the University of Ghana Business School, Legon, Accra, Ghana. He also possesses a Postgraduate Certificate in Contemporary Management from the Nobel International Business School (NIBS), Ghana. Dr Donkor obtained Bachelor of Laws (LLB) degree from the University of Ghana, Legon, Accra, and a Post-graduate Professional Certificate in Law from the Ghana Law School.
A Barrister and Solicitor of the Supreme Court of Ghana, he was appointed a Notary Public by the Chief Justice of the Republic of Ghana and sworn into office in February 2010. Dr Donkor serves and chairs many Boards home and abroad.