Standard Chartered Bank Ghana PLC has announced the appointment of Mrs. Cynthia Anne Lumor as an Independent Non-Executive Director to its Board, effective October 31, 2024. This decision reflects the bank’s commitment to enhancing its strategic direction through innovative and inclusive leadership. With a strong background in business leadership, Cynthia is expected to provide fresh perspectives that align with the bank’s goals. Her extensive experience in various leadership roles across industries such as Oil & Gas and telecommunications positions her well to contribute to the bank’s growth and strategic initiatives.
Cynthia brings a wealth of expertise gained through her diverse career, which includes roles focused on general management, risk management, regulatory affairs, and sustainability. Currently serving as the Deputy Managing Director of Tullow Ghana Limited, she has progressed through several significant positions since joining the company in 2017. Initially taking on the role of Director of External Affairs and Social Performance, she later advanced to Corporate Affairs Director before assuming her current position. This trajectory demonstrates her capability in advocating for corporate social responsibility while navigating complex regulatory environments.
Prior to her tenure at Tullow Ghana, Cynthia held leadership roles at MTN Ghana and the Ghana National Petroleum Corporation (GNPC). At MTN, she was instrumental in corporate services, offering strategic guidance and oversight. Her earlier experience at AT&T facilitated her development in telecommunications, where she spent nearly two decades, ultimately becoming the Director of Market Research and Analysis. This extensive career foundation has honed her skills in stakeholder management and organizational development, key areas for driving strategic initiatives at Standard Chartered Bank.
In her remarks following her appointment, Cynthia expressed enthusiasm for joining Standard Chartered, citing the bank’s legacy and market leadership. She recognizes the opportunity to leverage her background in enhancing the bank’s ambitions and contributing to its legacy of excellence. The strategic direction of the bank will benefit from her insights and experience, particularly in navigating challenges related to risk management and stakeholder engagement.
Ebenezer Twum Asante, the Chairman of the Bank’s Board of Directors, affirmed the value Cynthia’s appointment brings to the board. He emphasized her drive for innovation and sustainability, aligning with the bank’s strategic aspirations. Cynthia’s diverse skills set and commitment to responsible leadership are expected to bolster the bank’s performance and support its goals in an increasingly complex financial landscape.
Overall, Cynthia Lumor’s appointment as an Independent Non-Executive Director is a significant milestone for Standard Chartered Bank Ghana PLC. Her extensive experience in leadership and advocacy, along with her dedication to sustainability and innovation, positions her as a valuable asset to the board. This strategic move underscores the bank’s commitment to fostering inclusive governance and driving long-term growth in the banking sector. As she steps into this role, her contributions are anticipated to align closely with the bank’s mission and vision, promoting a culture of excellence and accountability.