HFC bank appoints Charles Zwennes as new Board Chair

HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, has appointed Mr. Charles William Zwennes as the new Chairman of the bank’s Board.

This follows the resignation of Professor Joshua Alabi from the position.

“By virtue of Prof. Alabi’s resignation, The Board of Directors of the Bank, at a Board Meeting on 26th April 2017, in accordance with Bank’s Regulations appointed Mr. Charles William Zwennes as the Chairman of the Board,” a statement copied to Citi Business News said.

Mr. Zwennes is a successful lawyer in private practice and has been a member of the Board of HFC since April 2015.

Mr. Charles William Zwennes, HFC Chairman
Mr. Charles William Zwennes, new Chairman of the HFC bank Board.

The bank wished  Mr.  Zwennes a successful tenure in the statement.

Meanwhile, outgoing chairman, Prof. Joshua Alabi was appointed to the Board of HFC Bank in November, 2013 as a representative of SSNIT.

He was subsequently appointed as the Board Chairman of in April 2015.

Prof. Alabi took over the chairmanship at a critical time in the Bank’s history and served with distinction.

About HFC Bank

HFC Bank Ghana Limited is a leading Universal Banking Institution in Ghana and the most diversified financial institution.

As a one-stop financial institution, its services include Retail Banking, Commercial Banking, Investment Banking, Mortgage Banking and Micro Finance.

HFC Bank Ghana Limited has been instrumental in the development of the mortgage industry in Ghana and continues to be the number one home loan provider in the country with over 30% share of the mortgage industry.

HFC Bank Ghana is now a subsidiary of Republic Financial Holdings Limited, one of the largest and most successful independent commercial banks in the English-speaking Caribbean with over 176 years of banking experience.


Source: CitiBusinessNews

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