Energy Bank
Posted: 12 Mar 2012
Energy Bank Ghana Limited was incorporated in September 2009 as a pri vatel y owned institution . The Bank is licensed to carr y out uni versal banking services . The bank formall y commenced operations on 22nd of Februar y 2011. The vision of the Bank is to “build a strong bank based on the timeless principles of loyalty”. To give fillip to the vision is our mission which is “conservatively growing arithmetically to affect the world in the hands of three people-customers, employees and shareholders - committed in equal opportunity for the development of Ghana’s economy, humanity and to the glory of God.
At Energy Bank, we believe banking is all about creating satisfaction for the stakeholders, contributing to the growth of the national economy and impacting on the larger society by being a partner in the development process. We have crafted our brand driver bearing these in mind which is “supporting your aspirations”. The attributes that guide our behaviour to deliver our brand are: courage, love, perception and integrity.
Energy Bank is largely owned by the GLOBAL FLEET GROUP. The group is playing leading roles in corporate Nigeria with substantial interests in strategic sectors of the economy. The Group has visible presence in the oil & gas (downstream), insurance, re-insurance, aviation, hospitality, industries, media, real estate, sectors of the Nigerian economy and even beyond – in Sao Tome & Principe and in London. The group head office has just been located at Wall Street, USA.
The Bank shareholder’s fund is in excess of GHC 61 million which makes it one of the highest capitalised banks in Ghana. The Board is composed of ten members including Barrister (Dr.) Jimoh Ibrahim OFR, who is the Chairman. There are seven non-Executive Directors of which two are Ghanaians. The two Executive Directors are : Mr. Sam Ayininuola - who serves as Managing Director/Chief Executive Officer and Mr. Isaac Monehin, the Executive Director.
Energy Bank is not going to be solely an energy- focussed bank. The ‘energy’ in the name is to showcase a bank with vitality, strength and power in its approach to solution banking. Nevertheless, the strategic plan is to lead the way by displaying unparalleled competence and skill that would make us the bank of first choice in the emerging oil and gas business in Ghana.
Though we are commencing operations with the Head Office branch located at GNAT Heights, 30, Independence Avenue, Accra, it is our plan to open more branches before the end of the year. Tema and Kumasi would be opened by September. Branches are being planned also for Takoradi, Tamale and the Central Business District in Accra. We shall leverage on our superior IT platform to extend our coverage and services to the nooks and crannies of the country through massive deployment of ATMs as opposed to the traditional brick and mortar banking.
The Bank is expected to post impressive performance in pursuing several targets that will elevate it into the first quartile industry classification in terms of total assets.