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Distinguished banker, Johnson Oware has been named the new deputy managing director of one of Ghana‘s indigenous banks, Calbank PLC.
This new appointment made by the bank takes effect on Monday, January 20, 2025.
A statement released by CalBank announced that Mr. Oware, with his over 20 years of experience and excellence, will oversee the growth and expansion of the bank’s corporate, commercial, and retail operations.
The new deputy MD comes into this role with a specialty in transaction, corporate, retail, and commercial banking.
The bank further says it believes in Mr. Oware’s depth of experience in driving business development initiatives and spearheading growth in sales, digital banking, structured trade, and commodity finance. In addition his wealth of experience in credit appraisal and project management, the bank says cannot be overlooked.
Johnson Oware joins Calbank from Ecobank, where he served as the Head of Corporate Banking.
“We are delighted to welcome Johnson Oware to the CalBank family. As we gear up for significant growth in the years ahead, it is essential to have the right leadership in place to deliver value to our stakeholders. Johnson’s wealth of experience and track record of high performance make him an excellent addition to our team. We are confident he will play a key role in driving CalBank’s business forward.”, the board chairman of the bank remarked on the new appointment.
The new deputy MD says he is “thrilled to join this esteemed institution” adding that “I look forward to contributing to the bank’s objectives and delivering exceptional value to all our stakeholders.”
Johnson Oware holds a BSc in Administration from the University of Ghana and an MBA in Finance from the University of Leicester. He also holds a Diploma in Public-Private Partnership from the University of Raking (UK).
His appointment comes at a time when the indigenous bank is under a time crunch to restore its negative Capital Adequacy Ratio by the end of this quarter through internal reforms and shareholder support.
CalBank is currently undergoing a restructuring phase after some senior-level managers were dismissed last year. The bank says the action was necessary as part of urgent measures to address financial impairments and restore its capital base.
Last Updated on March 9, 2026 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
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