FirstBank Ghana honored as Innovative Bank of the Year

FirstBank Ghana has been recognized for its commitment to innovation and excellence in the banking sector, receiving the prestigious Innovative Bank of the Year award at the 8th edition of the Ghana-West Africa Business Excellence Awards.

The event, held at the luxurious Kempinski Gold Coast Hotel, celebrated the resilience and achievements of businesses across the region, bringing together influential leaders, industry experts, and key stakeholders to acknowledge their contributions to the economic development of Ghana and West Africa.

The award was presented by Linda Akweley Ocloo, the Greater Accra Regional Minister and Member of Parliament for Shai Osudoku. Representing FirstBank at the ceremony were Ida Appiah, Head of Credit Analysis and Processing, and Enoch Vanderpuye, Country Team Lead for Marketing and Corporate Communications, who proudly accepted the award on behalf of the bank.

In total, approximately 40 organizations and individuals were honored for their significant roles in advancing various sectors across Ghana and the wider West African region, highlighting the importance of innovation, sustainability, and corporate social responsibility in today’s dynamic business environment.

FirstBank’s recognition as the Innovative Bank of the Year underscores its dedication to leveraging technology and innovation to enhance customer experiences. The Bank has undertaken a series of strategic initiatives aimed at transforming the banking landscape in Ghana.

These initiatives include upgrading to the Finacle 11.x Core Banking Application for improved operational stability, deploying intelligent cabling for enhanced network connectivity, and implementing comprehensive security measures such as multifactor authentication and advanced transaction monitoring to safeguard customer data.

Additionally, FirstBank is focused on providing seamless digital services and plans to introduce new digital products and services, including mobile banking enhancements and AI-driven financial advisory services, to further improve customer convenience and engagement.

Victor Yaw Asante, Managing Director and CEO of FirstBank, expressed his gratitude for the recognition, stating, “This award is a demonstration to our steadfast commitment to innovation and excellence in banking. At FirstBank, we believe that by harnessing technology, we can empower our customers and provide them with unparalleled financial services. We are dedicated to continuing our journey of transformation and look forward to leading the way in Ghana’s digital banking revolution.”

The Ghana-West Africa Business Excellence Awards, organized by KN Unique Communications and endorsed by the West Africa Chamber of Commerce and Industry & Strategic Accountancy Africa, serves as a platform to celebrate the outstanding achievements of businesses that are driving growth and development in the region. FirstBank remains committed to its mission of providing best-in-class financial services while fostering a culture of innovation and resilience in the face of evolving market dynamics.

The post FirstBank Ghana honored as Innovative Bank of the Year appeared first on The Business & Financial Times.

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