Republic Bank (Ghana) PLC has announced the appointment of Mr. Parasram Salickram as Non-Executive Director of the Board after having received approval from the Bank of Ghana (BoG).

The Board Chairman of Republic Bank (Ghana) PLC, Mr. Charles William Zwennes, welcomed Mr. Parasram Salickram on board and wished him every success in the discharge of his duty as a Non-Executive Director.

Speaking on the appointment, Mr. Zwennes noted that with Mr. Salickram’s professional banking experience, his appointment as a Non-Executive Director to the Republic Bank Ghana Board would buttress the Bank’s strong standing in the Ghanaian Banking industry.

Profile of Mr. Parasram Salickram

Mr. Parasram Saclickram is the Group Vice President, Republic Financial Holdings Limited and Vice President, Republic Bank Limited. He has been a member of the Republic Group for nearly two decades, serving in various strategic leadership positions. Mr. Salickram previously held the position of Chief Risk Officer and Chief Financial Officer of Republic Financial Holdings Limited and Republic Bank Limited.

Mr. Salickram is a Fellow of the Association of Chartered Certified Accountants and a member of the Chartered Institute of Management Accountants and the Chartered Global Management Accountants. He is a Chartered Financial Analyst (CFA) Charter holder and holds the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals (GARP). He is also a Harvard Business School Advanced Management Program (AMP) graduate.

Mr. Salickram currently serves as the Chairman of Republic Bank. He is also a Director on the Board of Republic Bank (Guyana) Limited.

Mr. Parasram Salickram is expected to help drive the bank to new heights in this new financial year.

As at September 30, 2022, the Group’s asset base stood at US$16.6 billion, and declared a net profit after tax and non-controlling interest of US$252 million. The Group currently employs more than 6,035 staff in 23 subsidiaries operating in 14 countries.

While the Group continues its journey of financial growth and development, and teamwork with the community to bring about positive change, it has pledged to continually raise the standards of banking locally, regionally, and internationally, and Mr. Parasram Salickram is expected to help in that regard.

Republic Bank (Ghana) PLC, a subsidiary of Republic Financial Holdings Limited (RFHL) of Trinidad & Tobago, is a leading Universal Banking Institution in Ghana and arguably its most diversified Financial Institution. As a one-stop Financial Institution, the Bank’s services include Corporate, Commercial and Retail Banking; Investment Banking; Trustee Services; Mortgage Banking and Micro Finance.

The Bank’s Parent Company, RFHL, is the largest and most profitable independent Bank in the English-speaking Caribbean, having served the region for over 185 years with a total asset base of USD$16.5 billion at the end of the 2021 financial year.