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15.04.2010 Business & Finance

Databank to address leadership crises

By Daniel Nonor - Ghanaian Chronicle
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Databank said it is poised to address the leadership problem that has plagued the continent, through the Africa Leadership Initiative called Databank Foundation, by training leaders for the continent's development.

So far, 200 people have been trained through the initiative and challenged to bring success to their fields of endeavour

Mr. Ken Ofori-Atta, Executive Chairman of Databank Group, said the Foundation was an initiative to address the leadership crisis which has plagued the continent, in order to develop Africa and to help solve the problems in the identified areas.

This, he said, are committed to the enhancement of lives in the communities and countries on the continent.

Meanwhile, in another programme labelled as the Young Leaders Mentorship Programme targets the youth to become part of the solution and not the problem to the challenges facing Ghana.

He said this at the launch of the 20 anniversary celebrations of the bank in Accra recently. The bank also made donations of GH¢ 45, 000 to five institutions to help them in their operations.

Four of the institutions, including the Accra Psychiatric Hospital received GH¢ 5, 000 each while the International Central Gospel Church had GH25, 000 as endowment to establish a chair for Governance and Leadership in the University.

A pilot project of the mentorship programme is currently being run at the Kinbu Secondary School, which when successful, would be extended to other communities. On the donation, Mr. Ofori-Atta said the Foundation had been making financial and in-kind contributions to the Accra Psychiatric Hospital to bring relief to the inmates and also the Haematology Department to assist cancer patients.

Databank was established in April 1990 as an investment banking and financial services firm. As the premier investment banking firm, Databank has been instrumental and dominant in facilitating both direct and portfolio investment from domestic and foreign investors in the domestic and sub-regional capital markets.

Mr. Keli Gadzekpo, Executive Vice-Chairman of Databank Group, said the highlights of the celebration would include a customer appreciation week, Databank Investment Gospel seminars, which are a national road show to educate the public on the importance of investing, the value of investing, and the significance of long-term investment.

The Road Show, starting in April, will cover at least 20 cities covering every region in Ghana and bringing the good news about investment to all Ghanaians.

Other programmes line-up are the Databank Capital Markets Investment Forum, scheduled between 26 and 27 April this year, which will bring together international and local industry experts and investors in the capital markets.

Other activities include Thanksgiving Service and the launch of the Databank Charter of Righteousness.

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