Ghana’s Dr. George Agyekum Donkor has been recognised by renowned news magazine, Financial Afrik, as the Development Banker of the year in their 2022 list of 100 personalities who are transforming Africa.

Dr. Agyekum Donkor, President and Chairman of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID), was awarded for his exceptional efforts at cleaning up the institution’s balance sheet and strengthening its fundraising programme.

Appointed as head of EBID since 2020, George Agyekum Donkor ensured that the bank improved its ratings with the ratings agencies in 2021 and 2022 with Fitch and Moody’s improving the bank’s outlook from B2 (negative outlook) to B2 with a stable outlook despite the exigencies of COVID-19 and the war in Ukraine. In early November 2022, the bank approved its capital increase which will move from 1.5 to 3.5 billion dollars from January 2023. READ MORE