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GCB – APPOINTMENT OF DIRECTORS

GCB has announced that Mr. Elliot Gordor and Ms. Lauretta Vivian Lamptey have been nominated by SSNIT as Non-Executive Directors on the Board of the bank on November 3, 2009.

PROFILE OF MR. ELLIOT GORDOR
Mr. Elliot Gordor is a seasoned business executive with over twenty-five years experience. He is also the Managing Director of Gelloq Company (GH) limited, a major player in Ghana’s haulage and logistic industry with subsidiaries in Togo and the United States of America (USA), Concepts Export Ltd, a logistics company and a director of Conway & Sons LLC, USA and the Tema Development Corporation.

Mr. Gordor is a product of the University of Ghana and the University of Mississippi with specialization in Business Administration.

PROFILE – LAURETTA VIVIAN LAMPTEY
Lauretta Lamptey is an investment banker and specialist in African capital markets and corporate finance. She was Head of Corporate Finance at Cal Merchant Bank and prior to that was Head of the Capital Markets Group at Ecobank Ghana Ltd. Ms. Lamptey was also formerly Legal & Corporate Finance Advisor at Loita Capital Partners International, a pan-African investment banking group based in Johannesburg.

As a consultant she has provided legal, financial and investment advice to the Government of Ghana on transactions in the mining, natural resources and energy sectors. In South Africa she served as a transaction adviser in the setting up of the second national telecommunications operator, and as a consultant on a review of development finance institutions in South Africa undertaken by the National Treasury.

Ms. Lamptey has served on the boards of the Securities Discount Company (SDC) and Gliksten W. A. as well as being a founder member of the board of the Ghana Stock Exchange. She holds L.L.B. and B.L. degrees from the University of Ghana and the Ghana Law School respectively, and an L.L.M. in International Business Law from the London School of Economics & Political Science (LSE) of the University of London.
Issued at Accra, this 13th
day of November, 2009