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Economy

Kwasi Tumi resigns from Cal Bank

The Deputy Managing Director of Cal Bank, Mr Kwasi Tumi has resigned. A publication on the website of Citi FM said Mr Tumi tendered his resignation stating a desire to pursue other interests. He will remain at post until November 18, 2010. The publication said the bank’s board will meet on November 4 to decide his replacement. Mr Tumi is also an Executive Director of the Bank in charge of Operations. He is an accomplished Chartered Accountant with rich experience in the financial services sector and a strong knowledge and appreciation of the macro-economic environment which has helped Cal Bank to establish itself as one of the respectable banks in the country. Mr Tumi is also a Board member of Vanguard Life Assurance Company Limited and Ridge Alumetal Company Limited. Source: Citifmonline

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