First Bank of Nigeria Limited has announced the inauguration of a seven-member Board of Directors for Ghanaian subsidiary International Commercial Bank (ICB), so as to position the bank as the people’s number one choice

The board consists of six non-executive members who include Abdul Suleiman Kofarsauri, Hannah Brenda Amoateng, Abiodun Tajudeen Odubola, John Paul Kumi, Olusanu Abiodun Otudeko and Honourable Joseph Yieleh Chireh who is the chairman

The only executive member of the board is Subu Giwa-Amu, Managing Director and Chief Executive Officer of ICB

First Bank will consolidate its position as one of the largest retail and corporate financial institution in sub-Saharan Africa with the acquisition of ICB’s West African operations, which spans Ghana, Gambia, Guinea and Sierra Leone, a statement from the bank read.

“The acquisition of ICBGFH assets in Ghana, Guinea, Gambia and Sierra Leone fulfils the first stage of our ambitions to steadily build a broader and more diverse footprint across Africa,” Subu Giwa-Amu said at the inauguration of the new board.

“We are committed to developing a multi-local business model that broadens our geographic revenue base while providing enhanced service delivery to our new customers and we are very delighted to be here in Ghana, a growing force in Africa and increasingly an emerging hub of African trade and investments.”

With the board installed, ICB’s goal of providing financial services to small and medium-scale establishments within the country will be further enhanced, boosting economic growth in Ghana.