Dulal-Whiteway resigns from Republic Bank to join a competitor

The Republic Bank (Ghana) PLC has announced the resignation of Dr David Dulal-Whiteway from its Board effective February 28, 2021.

Dr Dulal-Whiteway was appointed to the Board in April 2013 as a representative of Republic Bank.

“His resignation is as a result of his accepting an appointment as Board Chairman in a competitor Bank in Trinidad &Tobago,” a statement explained.

Who is Dr Dulal-Whiteway?

The 64-year-old banker was Managing Director of the Republic Bank Group until February 2016.

He was a Director on several Boards of the Republic Bank Group and is Chairman of The Foundation for the Enhancement and Enrichment of Life (FEEL), a non-profit organisation.

Dr. Dulal-Whiteway is the CEO of the Arthur Lok Jack Global School of Business. He is a NonExecutive Director of the Ansa McAL Group of Companies and NBC Bank in Tan.

Dr Dulal-Whiteway is a seasoned banker with over 25 years’ experience in banking.

He holds a BSc in Management Studies from the University of the West Indies (UWI) and an MBA from the University of Western Ontario.

Republic Bank performance

The bank has posted profits after tax in the last three years after recording losses in previous years.

In 2019, profits after tax increased by 67% to GHC 62.5billion compared to 2018.

Total assets and the company’s equity also registered significant increments.

Company profile

Republic Bank (Ghana) Limited, formerly HFC Bank (Ghana) Limited, is a subsidiary of Republic Financial Holdings Limited (RFHL) of Trinidad & Tobago.

Republic Bank is a diversified universal banking institution in Ghana.

Their services include corporate, commercial and retail banking; investment banking; mortgage banking and microfinance.