The Board of Directors of HFC Bank has elected Mrs Muriel Susan Edusei as its new Chairperson from December 4, 2014.
This follows the retirement of Nana Agyei Duku on November 27, this year.
Mrs Edusei has over 20 years working experience in the banking industry, most of which was at the National Investment Bank.
She held various positions such as Head of Credit Control, Head of External Loan Department and Head of Foreign Operations.
She, however, retired as Deputy Chief Manager at NIB in 1995 and joined Oikocredit International, a development finance institution with its headquarters in The Netherlands, as the Regional Manager for Anglophone West Africa.
She further established the Regional Office of the institution to serve Ghana, The Gambia and Sierra Leone. She retired from Oikocredit in December 2010.
She has been an independent member of the HFC Board in accordance with the rules and regulations of the Securities and Exchange Commission for Companies Listed on the Ghana Stock Exchange and was first appointed to the Board in April 2012.
A product of Wesley Girls High School, she obtained a BSc. Administration (Accounting Option) degree in 1975 and an MBA (Finance) degree in 1989 from the School of Administration, University of Ghana, now University of Ghana Business School.
Mrs Edusei is a Hubert H. Humphrey fellow. During her Humphrey year, she undertook an MBA Finance and Banking non-degree awarding course at Boston University.
She did her attachment in banking supervision at the Federal Reserve Bank of Boston and also at the Chemical Bank in New York.
Meanwhile, Nana Duku’s retirement from the board had been held back three times, since April 2013, as the bank was undergoing a new phase.
