No Tension At ARB Apex Bank Board of Directors fire back

The Board of Directors of ARB Apex Bank Limited, the regulator of rural and community banks in Ghana have denied flatly a wide spread media reports to the effect that there is no “uneasy calm” at the bank as is being peddled in the public.

Against this background, board called on general public, particularly the customers of the bank to disregard these assertions, saying that the works of the bank are going on smoothly without any disturbances.

But the board was quick to state that “we have noted with grave concern about certain developments at the bank which have been published by the media.”

There was a recent media report that there is uneasy calm amongst the staff and management of ARB Apex Bank, over the possible extension of the term of the current Managing Director (MD), Mr Kojo Mattah.

It would be recalled that few months ago, the staff of the Bank alleged that the MD, Mr. Kojo Mattah has under performed and that the bank has seen sharp decline under his tenure.

The staff therefore called for the removal of the MD to as they put it “save the bank from collapse”.

In a latest development the Staff have began agitations again and are protesting against the possible extension of the tenure of the MD.

Meanwhile, the Board of the Bank has however debunked assertions that there is an uneasy calm at the bank.

However, setting the records straight, the Chairman of the Board of Directors of ARB Apex Bank Limited, Dr Anthony Aubynn pointed out that some of the issues raised by “Concerned Staff’ of the Bank have been dealt with and others are being handled by Bank of Ghana (BoG) and investigations are currently ongoing to establish the veracity of the claims.

He asserted the board recognises the enormity of these allegations being peddled in the media even before Bank of Ghana comes out with their report,

Until the Bank of Ghana finalises their investigations and issue their report, he stated that the Board cannot side step the process and respond to the issues raised,

“We wish to urge the media to tread with caution in the publication of such unfounded allegations, and

The boad assured the general public that there is calm at the bank and “our doors are open to our esteemed customers.”

Finally, he stressed that there is, therefore, no “uneasy calm” at the Bank as is being peddled.

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