The Agricultural Development Bank (ADB) PLC Managing Director, Alhaji Alhassan Yakubu-Tali, has been adjudged CEO of the Year for Agribusiness Financing at the Ghana CEO Awards held at Kempinski Hotel. The award is a recognition of his dedication and commitment to growth of the agricultural sector and economy as a whole.
Alhaji Alhassan Yakubu-Tali has been highly commended for overseeing the bank’s operational performance, driving and implementing a strict performance culture to create an environment that promotes staff commitment to the overall organisational mission, vision and strategy.
This has contributed to repositioning ADB as the bank of choice for agricultural financing, and helped expand the sector loan portfolio to over GH¢1billion. The amount excludes non-funded facilities such as letters of credit and guarantees granted for the purchase of agricultural inputs, machinery, equipment and raw materials.
In his remarks following the award, Alhaji Yakubu-Tali stated that the award underscores the commitment and passion ADB has for the agricultural sector.
“The agricultural sector is the bedrock of our nation’s economy, and ADB will continue to partner with stakeholders to provide funding and advisory services to help foster national development,” he said. “Every seed sown is a step toward a prosperous future, and we are well-positioned and ready to nurture the seeds and lead the country’s industrial revolution through agriculture,” he added.
The Managing Director reiterated that in the midst of industry transitions, there is an opportunity for ADB to become bigger, stronger and more resilient to market shocks. “ADB has a great potential to become a larger bank that will be well-positioned to support government’s efforts at encouraging manufacturing and agriculture on a large scale across the country,” he said
Alhaji Alhassan Yakubu-Tali dedicated the award to customers of ADB, noting that it couldn’t have come at a better time than Customer Service Month. He assured the bank’s customers that, “ADB PLC will continue to provide financial intermediation for individuals and businesses, and will always be part of our customers’ success stories”.
The Managing Director also dedicated the award to other stakeholders – including farmers, fishers and other players within the agribusiness value chain; and the board, management and staff of ADB, for their support and efforts which inspired confidence and culminated in the award. “Together, let us continue to sow seeds of progress and wealth creation through agriculture,” he said
The CEO Awards event was organised by Globe Production and attended by high-profile personalities, including: Vice President, Dr. Mahamudu Bawumia; the Ga Mantse, King Nii Tackie Teiko Tsuru II; and British High Commissioner to Ghana, Harriet Thompson.
The Agricultural Development Bank (ADB) PLC was also honoured recently as the Iconic Agric Financing Institution of the Decade, in recognition of the bank’s immense contribution to national development over the past decade.