DBG’s Vision and Mission

DBG is a Development Finance Institution. We act as an enabler for businesses in Ghana and as a long-term capital provider in the market. We ensure that sustainable, global best practices are applied across all of our operations.

 

Vision

Accelerating inclusive and sustainable economic transformation by fostering the growth of a competitive private sector

 

Mission

  • Foster strong partnerships to finance economic growth, create jobs and build capacity for SMEs.
  • Provide long-term financing and de-risking services, underpinned by technology and evidence-based research/insights.
  • Attract, develop and retain exceptional people.
  • Operate as an independent, financially sustainable world-class institution.
  • Promote ESG excellence within the businesses we support.

Our Board of Directors

Our Board of Directors is responsible for the overall direction and policy of DBG. They will ensure that DBG delivers on its mandate. The Board was selected through an open and competitive process. They have been selected for their expertise, diversity of experience, and commitment to the integrity of Development Bank Ghana. The Board elected Dr. Yaw Ansu as Chairman.

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Our Executive Management

Our CEO, K Duker, heads a management team made up of entrepreneurs and seasoned investment professionals based in Accra, Ghana. The investment team at DBG has a proven track record of adding value to investments and delivering strong returns to its limited partners. The operation and value creation team is made up of senior business executives with international experience who provide input into the investment-making process as we select our financial institution partners. In carrying out our investment philosophy, DBG adheres to a set of core values which is an uncompromising commitment to global best practices and high ethical standards to achieve the development goals of the bank.

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Corporate Governance

The Development Bank Ghana (DBG) was established in 2020. In 2021, the bank received its license from the regulator at the Bank of Ghana. The Development Bank Ghana (DBG) focuses on ways to address market failures and meet gaps in the Ghanaian credit markets. Our mandate is to increase the availability of medium and to long term financial instruments to support Ghanaian businesses. DBG’s goal will facilitate economic transformation and job creation. DBG in essence will be constituted as a commercial banking institution governed by the provisions of the Ghanaian Company Act. As a result of our unique role in the market we operate a strict corporate governance structure inline with international standards.

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Our Partners

The Development Bank Ghana Project is an initiative of the Government of Ghana, with co-finance and technical assistance from the Federal Ministry for Economic Cooperation and Development of Germany through KFW, a German state-owned development bank, the World Bank Group (WBG), the African Development Bank (AFDB) and the European Investment Bank (EIB).