Republic Bank (Ghana) PLC has officially announced the resignation of Mr. Arimeyaw Ibn Saeed, a Non-Executive Director of the Bank and the representative of the Social Security and National Insurance Trust (SSNIT), effective April 28, 2025.

Mr. Ibn Saeed’s departure marks the end of a notable tenure on the Board that began in September 2019.

Since his appointment, Mr. Ibn Saeed has served with distinction, offering valuable contributions to the Bank’s strategic direction, governance framework, and institutional development. Representing SSNIT, the Bank’s second-largest shareholder, he brought a strong understanding of corporate finance, institutional risk, and public sector accountability to the Boardroom.

During his time with Republic Bank, Mr. Ibn Saeed served on several key Board subcommittees. He was an active member of the Audit Committee, which is central to maintaining the financial integrity and transparency of the Bank.

He also played a significant role on the Cyber, Information Security and Technology Committee, reflecting the Bank’s growing emphasis on digital transformation and cybersecurity. Notably, he chaired the Remuneration and Nominations Committee, helping to shape human resource policies and governance structures aligned with industry best practices.

Championing MSMEs Through Republic Boafo

Beyond his contributions to Republic Bank (Ghana) PLC, Mr. Ibn Saeed also chaired the Board of Republic Boafo Ghana Limited, a subsidiary of the Bank focused on providing financial solutions to the micro, small, and medium-sized enterprise (MSME) sector. Under his leadership, Republic Boafo became a strategic pillar for the Bank’s outreach to underserved markets, promoting inclusive financial services across the country.

His commitment to the MSME sector was instrumental in supporting Ghana’s broader economic development agenda, particularly by improving access to credit for small businesses and informal sector operators. Through his work with Republic Boafo, Mr. Ibn Saeed helped to strengthen the Bank’s role in deepening financial inclusion and building resilient enterprises.

The resignation of Mr. Ibn Saeed has prompted heartfelt tributes from his colleagues and the leadership of Republic Bank. The Chairman of the Board, Mr. Jonathan Prince Cann, expressed his profound appreciation, stating, “Mr. Ibn Saeed’s guidance and commitment have been invaluable to the Bank’s progress, and we are truly grateful for his service.”

Management and staff also commended his professionalism, integrity, and strategic insight, which were consistently evident throughout his years of service. His role in fortifying the Bank’s internal controls and contributing to its overall stability leaves a legacy that will benefit the institution well into the future.

Wishing Mr. Ibn Saeed Continued Success

While the resignation marks the end of a significant chapter for Republic Bank, the institution remains steadfast in its commitment to strong corporate governance. In line with its principles of transparency, accountability, and board independence, Republic Bank is expected to initiate a rigorous process to fill the vacancy and ensure continuity in its leadership.

As an institution that upholds high standards in oversight and management, Republic Bank has emphasized its resolve to maintain its course in delivering value to stakeholders, enhancing operational efficiency, and supporting national development priorities through financial inclusion and innovation.

Mr. Arimeyaw Ibn Saeed departs with the admiration and best wishes of the entire Republic Bank community. His impact—both within the Boardroom and beyond—will not be forgotten. His stewardship, vision, and commitment to good governance have helped strengthen the Bank’s foundations and elevate its role in Ghana’s financial sector.

As he moves on to new challenges and opportunities, Republic Bank extends its sincere gratitude and wishes him continued success in all future endeavors.

The Bank will continue to prioritize effective leadership and strategic oversight as it builds on its legacy of trust, performance, and innovation in Ghana’s banking industry.