Dr. Naomi Wolali Kwetey has been appointed as the Managing Director of Consolidated Bank Ghana Limited (CBG), effective March 26, 2025.
Her appointment, made by the President, was confirmed in an official letter signed by Finance Minister Dr. Cassiel Ato Forson, which has been sighted by Citi Business News.
Dr. Naomi Wolali Kwetey brings over 25 years of extensive experience in the financial sector, covering corporate relationship management, treasury, credit administration, branch banking marketing, and operational risk management.
She holds a Bachelor of Arts degree in Economics from the University of Ghana, a Master of Business Administration in International Banking and Finance from The Birmingham Business School, and a Doctorate in Business Administration and Management from Nobel International Business (NiBS) University.
In the same appointment letter addressed to the Board Chairman of CBG, Sheila Azuntaba was also named as the Deputy Managing Director of CBG.
Prior to establishing Innovative Microfinance Ltd, Sheila Azuntaba was an Assistant Vice President at Citigroup’s Global Transaction Services Unit in Nigeria, where she played a key role in product development, marketing, and sales strategies tailored to the Nigerian market.
Her career spans multiple countries, including Kenya and Ghana, where she held senior investment banking and commercial banking roles, managing significant financial portfolios.
Sheila Azuntaba holds an MBA in Finance from The Strathclyde Business School, Glasgow, Scotland, and a BA (HONS) in Marketing from the University of Westminster, London. Notably, she was crowned Miss Ghana in 1996 and has dedicated efforts towards empowering financially excluded groups, particularly women.
The Minister for Finance has directed CBG to regularize the appointments in line with the Companies Act, 2019 (Act 992) and the bank’s constitution.
With their extensive backgrounds in banking, finance, and strategic management, both Dr. Naomi Wolali Kwetey and Sheila Azuntaba will be expected to bring their expertise to the table in steering the affairs of CBG toward sustainable growth
