{"id":43644,"date":"2023-03-14T13:39:53","date_gmt":"2023-03-14T13:39:53","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/03\/14\/adb-launches-new-corporate-strategy\/"},"modified":"2023-03-14T13:39:53","modified_gmt":"2023-03-14T13:39:53","slug":"adb-launches-new-corporate-strategy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/03\/14\/adb-launches-new-corporate-strategy\/","title":{"rendered":"ADB Launches New Corporate Strategy"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Alhaji Alhassan Yakubu-Tali<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The Agricultural Development Bank (ADB) PLC has launched a new corporate strategy with a commitment to strengthen Agribusiness Financing to accelerate the achievement of its vision \u201cto be the people\u2019s bank, harnessing the transformational power of agribusiness for wealth creation.\u201d<\/p>\n<p>The new corporate strategy, which was considered and approved by the Board of Directors of the Bank, replaces a 3-year strategy that expired on December 31, 2022.<\/p>\n<p>It is anchored on a theme, \u201cGoing Above and Beyond the Predictable,\u201d and has nine pillars to guide the direction of the Bank for the next few years.<\/p>\n<p>The new corporate strategy is aimed at enhancing the bank\u2019s dominance as the leader in agribusiness financing in the country and, at the same time, leveraging technology to reposition its Retail and Digital Banking space.<\/p>\n<p>Other key focus areas include financial performance, process improvement to enhance turnaround time, risk management, and customer experience.<\/p>\n<p>In his brief remarks at the launch, the Managing Director, Alhaji Alhassan Yakubu-Tali reiterated the Bank\u2019s commitment to agribusiness financing, saying \u201cas the people\u2019s bank, harnessing the transformational power of agribusiness for wealth creation, ADB is taking necessary steps to strengthen its dominance as a leader in agribusiness financing in Ghana.\u201d<\/p>\n<p>\u201cADB will continue to remain leader and dominant in agribusiness financing across the entire agricultural value chain,\u201d he added<\/p>\n<p>In the area of digital and retail banking, Alhaji Yakubu-Tali announced that \u201cADB has rolled out strategies towards improving its digital and retail banking segments in order to enhance convenience and service delivery.\u201d<\/p>\n<p>\u201cThe bank will also leverage strongly on technology and other channels to extend banking services to non-banked or underserved areas,\u201d he added.<\/p>\n<p>The Managing Director stated that the current happenings at the world stage, ranging from COVID-19, the Russia-Ukraine war, the slowdown in the global economy, high inflationary pressures, exchange rate challenges, and the domestic debt exchange programme by the government, among others, require strategic decisions to make the Bank competitive and meet its performance indicators.<\/p>\n<p>Alhaji Alhassan Yakubu-Tali commended the Bank\u2019s cherished customers for their loyalty and continuous trust in the ADB Brand, its products and services. He assured the customers and all other stakeholders of the Bank\u2019s commitment to continually improve to serve them better.<\/p>\n<p>The Managing Director further commended the Board, Management, and Staff for their readiness in helping to take the Bank to the next level of improved profitability and growth.<\/p>\n<p>The Agricultural Development Bank PLC recently rolled out the instant issuance of GH-Link Card and also upgraded its internet banking service platform to promote remote banking as part of the transformational agenda. The Bank has also put in place measures to ensure regular review of its products and services to continuously meet the banking needs of both existing and potential customers.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Alhaji Alhassan Yakubu-Tali \u00a0 The Agricultural Development Bank (ADB) PLC has launched a new corporate strategy with a commitment to strengthen Agribusiness Financing to accelerate the achievement of its vision \u201cto be the people\u2019s bank, harnessing the transformational power of agribusiness for wealth creation.\u201d The new corporate strategy, which was considered and approved by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":43645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-43644","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - 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