Ghana: Bank of Africa Ghana Ltd Appoints Abderrahmane Belbachir as New MD

By MWorld Team Nov 8, 20230

The Board of Directors of Bank of Africa Ghana has appointed Mr. Abderrahmane Belbachir as its new Managing Director.

Abderrahmane comes into the position with a strong background in Retail Banking, Risk Management, Business Development, and strategy.

Before taking the helm at Bank of Africa Ghana, Abderrahmane served as the Managing Director of Bank of Africa Rwanda. He made an indelible mark, during his seven-year tenure, by transforming the bank from Agaseke Micro Finance into a fully-fledged commercial bank with a solid presence in the Rwandan market. He was also instrumental in championing the establishment of the banking college in Rwanda and was the vice-chair of the Rwandan Bankers Association.

Abderrahmane’s professional journey began at WAFA Bank in Morocco, where he swiftly moved up the ranks from a Branch Manager to a Regional Manager. He later served as the Network Director for Attijariwafa Bank, overseeing operations in both Casablanca and France. His extensive experience includes a three-year tenure as the North Africa Regional Director for Western Union, as well as key positions such as Head of Retail Banking at Sahara Bank in Tripoli, General Manager of FONDEP Microcredit in Morocco and Managing Partner of Ikbal Finance.

Abderrahmane plans to continue the legacy of his predecessor, Mr. Kobby Andah, by placing a strong emphasis on supporting Small and Medium-sized Enterprises (SMEs) and, acknowledging their vital role in the economy. His vision includes creating tailored financial solutions to empower SMEs, enabling them to thrive and contribute significantly to the nation’s economic growth.

The outgoing Managing Director of Bank of Africa Ghana Ltd, Mr. Kobby Andah, who has been instrumental in the bank’s journey since its inception in the Ghanaian market, has been promoted to serve as the Regional Director of the Bank of Africa Group with responsibility of East Africa and Ghana.

“We wish Kobby and Abderrahmane successful tenures in their new roles.” A statement from the board read