FirstBank Ghana CEO Emphasizes Ethics, Sustainability, and Professionalism in Banking Industry

FirstBank Ghana’s Managing Director and Chief Executive Officer, Victor Yaw Asante, delivered a powerful address at the 15th induction ceremony of the Chartered Institute of Bankers, Ghana, emphasizing the importance of integrity and transparency in the banking sector.

In his speech, Mr. Asante highlighted the critical role that ethics play in the profession, stating that it is the foundation that builds trust and credibility, essential for long-term success. He urged the inductees to commit to ethical behavior, sustainability, and professionalism in their banking careers.

Reflecting on the challenges faced by the banking industry, Mr. Asante pointed out the global and local financial crises that have occurred over the past decades, including the recent banking sector clean-up in Ghana. He attributed these crises to issues such as poor regulatory oversight, dishonest accounting, speculative activities, and poor corporate governance.

Sharing his personal journey in the banking industry, Mr. Asante recounted his career that began in 1996 and highlighted his commitment to innovation and excellence in banking. He emphasized the importance of ethics, sustainability, and professionalism in driving positive change in the industry.

Mr. Asante also addressed the need for community involvement, citing his two-decade-long membership in Rotary International and encouraging the new inductees to engage in community service and give back to society.

In conclusion, Mr. Asante welcomed the new members to the noble profession of banking, expressing his confidence in their potential to make significant strides in the industry and contribute to a trusted, resilient, and socially dedicated banking sector. The event, which took place on Saturday, July 13, 2024, saw 237 inductees, including aspiring and practicing bankers.