GSE MD Abena Amoah Appointed to Global Capital Market Leadership as Ghana's Financial Sector Records Strong 2025 Growth

Abena Amoah, the Managing Director of the Ghana Stock Exchange (GSE), has been appointed as the Chair of the Committee of Regional Representatives (CRR) for the International Capital Market Association (ICMA). Announced during ICMA’s 58th Annual General Meeting in London, this prestigious role positions Ghana at the forefront of global capital market policy and governance. The CRR serves as the vital link between the ICMA Board and its 15 regional committees, representing over 630 member institutions worldwide. Ms. Amoah’s leadership is expected to amplify African voices in international finance, ensuring that diverse market concerns are reflected in global policy decisions while enhancing the visibility of Ghana’s ongoing market reforms and attracting foreign investment.

Ghana's banking sector continues to show resilience and expansion, led by Fidelity Bank Ghana, which reported a 21% increase in profit before tax to GH"1.46 billion for the 2025 financial year. The bank’s total assets grew by 17% to GH"25.98 billion, with significant investments in green initiatives and a improved non-performing loan ratio of 7.09%. Similarly, Ecobank Transnational Incorporated (ETI) shareholders approved a $40 million dividend payment—the first since 2022—following a 21% year-on-year rise in profit before tax to $801 million. In a move to strengthen retail operations, Universal Merchant Bank (UMB) appointed Victoria Esinam Attipoe as Branch Network Head for Greater Accra, leveraging her 20 years of expertise to drive customer-centric growth amidst the nation's economic recovery.

The insurance and community banking sectors also posted impressive figures, though not without audit scrutiny. SIC Insurance PLC reported a 57.3% surge in profit after tax to GH"84.05 million for 2025, driven by fire insurance revenue and investment gains. However, auditors issued a qualified opinion due to material misstatements in a subsidiary’s accounts that resulted in a GH"142.7 million overstatement of equity. In the microfinance space, Lower Pra Community Bank PLC saw a remarkable 61.14% profit increase, reaching GH"35.1 million. The bank, which recently transitioned to community bank status under Bank of Ghana reforms, maintained a robust Capital Adequacy Ratio of 22.17%, far exceeding regulatory requirements.

Beyond banking, MTN Group has initiated a significant executive reshuffle to drive its ‘Ambition 2030’ growth agenda. Mitwa Ng’ambi has been promoted to Group Chief People and Culture Officer, effective September 2026, leading a series of leadership changes across the continent, including new appointments for C"te d’Ivoire and Zambia. These shifts, combined with the strong financial performances and international appointments seen across the board, underscore a period of strategic repositioning for major corporate entities in Ghana. As these institutions navigate macroeconomic challenges, the focus remains on digital transformation, innovation, and deepening financial inclusion to sustain long-term growth.