• About
  • Advertise
  • Privacy & Policy
  • Contact
Newstitbits
Advertisement
  • HOME
  • NEWS

    Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    Cardinal Peter Appiah Turkson

    Every Ghanaian must contribute to nation-building – Cardinal Turkson

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    Elliot Fertik, the Consul General at the US Embassy in Ghana

    US visa tips: 10 key insights revealed by the US Consul General

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
  • HOME
  • NEWS

    Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    Cardinal Peter Appiah Turkson

    Every Ghanaian must contribute to nation-building – Cardinal Turkson

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    Elliot Fertik, the Consul General at the US Embassy in Ghana

    US visa tips: 10 key insights revealed by the US Consul General

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
Newstitbits
No Result
View All Result

UniBank has no plans to lay off ADB staff after takeover – Duke Mettle

March 7, 2018
Reading Time: 2 mins read

 Executive Director of Unibank, Clifford Duke Mettle has allayed fears that there may be a possible layoff of workers as Unibank takes over Agricultural Development Bank (ADB). Unibank acquired a controlling power over ADB in about a GHS 600 million deal  after a consortium of financial institutions that control the majority shares in ADB pledged their proceeds, entitlement and voting rights to uniBank. Mr. Duke Mettle told Winston Amoah on 3FM’s Sunrise morning show Wednesday that it is not always the case that a takeover will result in a layoff. He explained that after acquiring over 51% shares in ADB, both companies would be very keen on efficiency and laying off workers is not the only option for attaining efficiency. NAME AND MANAGEMENT According to Duke Mettle, the name and focus of the Agricultural Development Bank will not be affected despite its takeover by UniBank. He was emphatic that there has not been any change either in name or management. “If there are any further strategic alignments we will let you know but the name will not change, the management will not change”, he said. He maintained that both banks will continue to focus on their assigned strategies. The consortium led by Belstar Capital – a turnkey project finance and implementation institution – also includes Starmount Development Company Limited, EDC Investments Limited and SIC-FSL. Explaining what it means for a consortium to pledge its shares to UniBank and what  it means to the two banks, Clifford Duke Mettle said, “This means that ADB will still pursue their agenda as a bank, their focus will still be the same, they will be running in the agric space pursing vigorously what they’re assigned as the strategic focus of the bank and that will not change for now”. “Unibank will also continue to push its SME agenda as the focus of the bank and that will not change for now”, he added. By P.D Wedam | 3news.com | Ghana]]>

Previous Post

Sierra Leone votes for new president

Next Post

Ghana Rugby celebrates International Women’s Day

Related Posts

Abena Osei-Asare

Abena Osei-Asare resigns from ADB Board

Akufo-Addo approves nominations of 15 Judges to Court of Appeal

ADB and 5 others obtain authorisation to sell assets of PBC Ltd, including its head office

Dr. Duffuor, Asiama and 7 others granted 60m bail

COCOBOD gets $600m for production, warehousing and processing interventions

Next Post

Ghana Rugby celebrates International Women's Day

Media exaggeration not sweet at all - 'collapsed' DCE

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access
  • Every Ghanaian must contribute to nation-building – Cardinal Turkson
  • From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school
  • IMF Executive Board approves $370m disbursement for Ghana
  • “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder
  • Opinion: Let the Truth Lead: Ohemaa Akosua Asantewaa and Kwaafo Royal Family Key to Resolving Kwahu Chieftaincy Crisis
  • MP for Akwatia Ernest Kumi is dead
  • 24-Hour Economy policy: Game-changer that needs flawless execution

Popular Stories

  • Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    0 shares
    Share 0 Tweet 0
  • MP for Akwatia Ernest Kumi is dead

    0 shares
    Share 0 Tweet 0
  • Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    0 shares
    Share 0 Tweet 0
  • IMF Executive Board approves $370m disbursement for Ghana

    0 shares
    Share 0 Tweet 0
  • 24-Hour Economy policy: Game-changer that needs flawless execution

    0 shares
    Share 0 Tweet 0

ABOUT US

Newstitbits.com is a 21st Century journalism providing the needed independent, credible, fair and reliable alternative in comprehensive news delivering that promotes knowledge, political stability and economic prosperity.

Contact us: [email protected]

@2023 – Newstitbits.com. All Rights Reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH

@2024 - Newstitbits.com. All Rights Reserved.