New Access Bank MD Unveils Plans for Kumasi
The Managing Director of Access Bank Ghana Plc, Pearl Nkrumah, has unveiled plans to expand the bank’s presence and support development in Kumasi.
During a courtesy call on Otumfuo Osei Tutu II, Asantehene, at Manhyia Palace on May 13, 2026, she described Kumasi as the central point of commerce, housing strategic economic activities like agriculture.
As such, she said, the bank intends to develop the city’s prospects by improving the local economy.
The financial institution intends to invest in infrastructure, education, agriculture, and industry in the coming years to support Asanteman.
The city, she said, hosts eight of its branches with around 160 employees.
She reported that the bank had supported 20,000 Small and Medium-scale Enterprises in the past 16 years of operation in Kumasi.
Introduction
The bank’s purpose for the visit was to introduce Pearl Nkrumah to Otumfuo as the bank’s new Managing Director. The bank sought the Asantehene’s blessings for her.
The delegation included Board Chairperson Ama Sarpong Bawuah, Head of Financial Control & Strategy Akosua Biama Aboagye, and Head of Consumer Banking Ama Boateng.
Welcome
Otumfuo welcomed the new leader and expressed confidence in her appointment.“I welcome her. I believe she can do the work, and her speech affirms she knows the way forward,” he said.
The King also expressed his joy at the female-dominated leadership and called for more empowerment of women to advance in both academic and career paths.
“Women are now advancing. That gladdens me. We have to continue offering them the needed assistance.”
Sustainable Profits
Otumfuo encouraged the leadership to explore avenues for profit while positively impacting economic development.
“Banks’ profits used to depend on treasury bills, which are not viable now. Buying and selling money is not very economically beneficial,” he said.
Otumfuo proposed the reintroduction of a policy that enabled banks to access offshore funding.
This, His Majesty noted, will enable banks to offer long-term loans to local industries and businesses.
Saving with Banks
Otumfuo also urged the bank to find ways to reinstate people’s confidence in saving with financial institutions.
“Many people keep their money in their rooms and business places. Get them to bring the money to you. This will help you in your operations. Try to rebuild the confidence that was eroded by the banking sector clean-up exercise.”
Story by Hajara Fuseini
Click to read more: https://opemsuo.com/author/hajara-fuseini/
