The Agricultural Development Bank (ADB) recently celebrated a significant milestone of Edward Ato Sarpong, one-year anniversary of his appointment as Managing Director of the Bank.
The one-year anniversary also coincided with the Bank’s annual thanksgiving service to express gratitude to God for a successful 2025 and to also seek His (God’s) grace in 2026.
As part of the activities, staff expressed their gratitude and appreciation to management and the Managing Director, Edward Ato Sarpong in particular, for his leadership in driving the Bank’s strong turnaround and positioning it towards achieving its new strategic goal of becoming one of the top three leading banks in Ghana.
In a heartfelt message, staff thanked Mr. Ato Sarpong for his vision and dedication, saying, “We thank God for you, Sir, and we pray that the good Lord continues to grant you good health as you lead ADB towards achieving our new strategic vision.”
Mohammed Ali, Head of Marketing and Communications, praised Mr. Ato Sarpong’s leadership style, describing him as a leader who motivates and inspires confidence among employees. “He’s a leader who motivates and inspires confidence among employees,” Mr. Ali said.
Mr. Ato Sarpong brings extensive experience in business and leadership to his role, having served as Managing Director of Africaonline and Chief Operating Officer of K-Net. He was also Deputy Minister of Communications between July 2014 and January 2017, serving in the administration of His Excellency John Dramani Mahama, President of the Republic of Ghana.
The celebration reflected on the significant progress ADB has made under Edward Ato Sarpong’s leadership.
ADB published a strong financial performance for the third quarter of 2025, with profit before tax hitting GH¢447.49million, representing 153.66% growth compared to GH¢176.41million recorded during the same period in 2024. The Bank also demonstrated strong liquidity, recording a liquid ratio of 130% in 2025 Q3, well above the regulatory threshold.
The Bank’s total assets grew by 17%, rising from GH¢13.87billion in September 2024 to GH¢16.22billion as of September 2025, reflecting continued balance sheet expansion driven by robust growth in investment securities and deposits. Also, net investment securities rose significantly to GH¢6.45billion from GH¢4.71billion in the same period last year. All other performance indicators also witnessed significant upward trends in the third quarter of 2025.
The Bank is expected to publish its 2025 end-of-year financials by the end of March 2026 and is in pursuit of its strategic vision of being among the top 3 leading banks in Ghana, globally admired for its people, processes, and performance.
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