Access Bank (Ghana) Plc Makes Significant Resolutions at 17th Annual General Meeting

Strategic Insights -

Shareholders at the 17th Annual General Meeting of Access Bank (Ghana) Plc have ratified key decisions concerning the bank's financial operations, leadership, and auditing for the upcoming years. The meeting, held on June 20, 2025, in Accra and streamed virtually, addressed various business matters, including the approval of financial statements for the year ending December 31, 2024, and the declaration of a significant dividend. The shareholders re-elected several directors, including Prof. Elikem Nutifafa Kuenyehia, Mr. Jacob Kwame Kholi, and Mr. John Bayuo Warisa, and appointed KPMG Ghana as the new External Auditors for the 2025 to 2030 financial years. These developments are expected to influence the market positioning of Access Bank (Ghana) Plc.

Key Takeaways:

  • Shareholders approved the financial statements for the year ending December 31, 2024, and absolved the Directors and Auditors from any associated liabilities.
  • A dividend per share of GHS0.3645 was declared for the 2024 fiscal year, a significant move for shareholders.
  • Prof. Elikem Nutifafa Kuenyehia, Mr. Jacob Kwame Kholi, and Mr. John Bayuo Warisa were re-elected as directors, extending their mandates for another three years.
  • Ms. Ama Sarpong Bawuah was re-elected as the Board Chairperson for a final term, aligning with the Bank of Ghana's corporate governance directives.
  • KPMG Ghana was appointed as the new External Auditors for the 2025 to 2030 financial years, succeeding Ernst and Young (EY) Ghana.
  • The shareholders authorized the Directors to determine the remuneration for auditing services provided by KPMG Ghana for the 2025 fiscal year.

Statistics:

  • GHS0.3645 per share dividend declared for the 2024 fiscal year.
  • 3-year mandate extensions for Prof. Elikem Nutifafa Kuenyehia, Mr. Jacob Kwame Kholi, and Mr. John Bayuo Warisa as directors.
  • 3-year period for KPMG Ghana's appointment as External Auditors for the 2025 to 2030 financial years.
  • 2024: Date financial statements were approved by shareholders.
  • June 20, 2025: Date of the 17th Annual General Meeting.

Sources:

  • Ghana Stock Exchange,

"GSE: Access Bank Ghana Plc holds 17th Annual General Meeting", Accra, 12 August 2025.