Zenith Bank (Ghana) Limited has announced the appointment of Charles Boakye Nimako as its new Board Chair. He succeeds Freda Yahan Duplan, who has held the position since 2020.
Ms. Duplan steps down after completing the maximum six-year tenure as Board Chair. During her leadership, the Bank recorded significant resilience, growth, and innovation. She will remain on the Board as an Independent Non-Executive Director, continuing to contribute her experience and institutional knowledge.
Mr. Nimako has served on Zenith Bank Ghana’s Board since 2023 as an Independent Non-Executive Director and Chairman of the Risk and Cyber Security Committee. His appointment brings to the role extensive expertise in corporate governance, financial services, and strategic leadership.
Profile of the New Board Chair
Charles Boakye Nimako is a seasoned executive with broad experience across finance, consumer goods, management consulting, and governance. He previously founded and led the Ghana office of a non-governmental organization that promotes market-based community water solutions, after holding several senior leadership roles within PepsiCo’s franchise operations in Ghana and other African markets.
His professional career includes serving as Chief Executive Officer of Beverage Investments Ghana Limited and SBC Beverages Ghana Limited, both PepsiCo franchise holders. He has also worked as Director of Sales and Marketing in Ghana, Franchise Operations Manager for East African markets including Kenya, Uganda, and Ethiopia, and Consultant and Project Director for AngoAlissar LDA, a PepsiCo franchise in Angola.
Mr. Nimako’s global experience extends to management consulting and professional accounting. He has worked with McKinsey & Company in Johannesburg and London, Coopers & Lybrand (now PwC) in Los Angeles, and Great Western Financial Corporation in California.
In addition to his new role at Zenith Bank Ghana, Mr. Nimako has served as Board Chair of Unilever Ghana PLC since November 2025 and sits on the boards of Beverage Investments Limited (Pepsi-Cola) and Beverly Ranch Ghana Limited. He is a member of the American Institute of Certified Public Accountants (AICPA) and holds an MBA in Management from Stanford Graduate School of Business in the United States.
Commenting on the appointment, the Managing Director and Chief Executive Officer of Zenith Bank Ghana, Henry Onwuzurigbo, described the transition as timely and strategic for the Bank’s next phase of growth.
He said Mr. Nimako’s prior service on the Board ensures continuity and stability, adding that his leadership experience, governance expertise, and strategic insight would support the Bank’s efforts to drive innovation, enhance customer experience, and achieve sustainable growth.
In his response, Mr. Nimako expressed gratitude for the confidence reposed in him, noting that he looks forward to working with the Board and Management to build on Zenith Bank’s strong foundation and advance its vision of excellence, innovation, and customer-focused banking in Ghana.
Source: citinews
