Ghanaian News

Government’s support for private sector unwavering – President Akufo-Addo

President Akufo-Addo has reiterated his administration’s commitment to the development of the private sector in Ghana as the surest way of creating sustainable jobs for the citizenry.

At a meeting with the newly appointed Managing Director of the United Bank for Africa (UBA), Chris Ofikulu, when he paid a courtesy introductory call on him, today 19 May 2022 at the Jubilee House, President Akufo-Addo said the success of both indigenous and foreign private sector organizations operating in Ghana, remain a top priority for his government.

President Akufo-Addo commended the UBA for choosing to operate in Ghana and for all the support it is offering to the Ghanaian economy. According to President Akufo-Addo, his administration is satisfied with the performance of UBA in Ghana.

“The work that you are doing in Ghana is very positive. On the part of government, we are here to support the private sector, the indigenous as well as foreign,” President Akufo-Addo said.

“If ever there are any problems of regulatory or administrative nature that are difficult for you, government is here to support to see how they can be fairly and equitably resolved,” the President added.

Greater strides
The UBA Managing Director and CEO, Chris Ofikulu, in his remarks noted that the bank is delighted with its strong and growing footing in Ghana and looked forward to making greater strides in the Ghanaian banking system.

“We are very pro-Ghana as a bank and it is good to let the President know that of our 768 staff, 99.7% are Ghanaians. In fact, it is only 5 who are are other nationals,” Chris Ofikulu said.

“The work that you are doing in Ghana is very positive. On the part of government, we are here to support the private sector, the indigenous as well as foreign,” President Akufo-Addo said.

“If ever there are any problems of regulatory or administrative nature that are difficult for you, government is here to support to see how they can be fairly and equitably resolved,” the President added.

Greater strides
The UBA Managing Director and CEO, Chris Ofikulu, in his remarks noted that the bank is delighted with its strong and growing footing in Ghana and looked forward to making greater strides in the Ghanaian banking system.

“We are very pro-Ghana as a bank and it is good to let the President know that of our 768 staff, 99.7% are Ghanaians. In fact, it is only 5 who are are other nationals,” Chris Ofikulu said.

Chris holds a B.Sc. (First Class) Degree in Industrial Mathematics from the University of Benin, Benin-City and an MBA (Marketing) from the University of Lagos. He is also an Alumnus of following prestigious Business Schools: The Wharton Business School, Philadelphia; IESE Business School, Barcelona and Lagos Business School.

He equally attended Leadership and Corporate Governance Training in the Henley Business School, University of Reading, U.K. and Advanced Company Direction Programme, Institute of Directors, London.

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