In pursuance of its policy of forging strong and relevant strategic partnerships, Union Trust Bank has between the 18th and 21st December 2007, hosted Messrs Ben Zwinkels, Senior Investment Adviser of FMO, The Netherlands, and Mr. Stephen Antwi-Asimeng, Managing Director of Fidelity Capital Partners (Venture Capital and Private Equity Fund Managers) based in Accra, Ghana.

The main purpose of the visit is to establish strong operational partnerships with the bank. They have also discussed the possibility of partnering with the bank in the acquisition of Finance Salone, the largest microfinance institution in the country. During this visit, the team has also been appraising a US$4.5 million domestic gas project to be jointly financed by their institutions and other local investors.

Both institutions are desirous of making serious interventions in the various projects being promoted by the bank.

UNION TRUST BANK’S CHIEF EXECUTIVE OFFICER BECOMES NEW SECRETARY TO THE PRESIDENT OF THE REPUBLIC OF SIERRA LEONE

We are pleased to inform our customers and well-wishers that the Chief Executive Officer of Union Trust Bank Limited, Mr James Sanpha Koroma has been appointed as the new Secretary to the President, by the President of the Republic of Sierra Leone, His Excellency Dr Ernest Bai Koroma.

Mr Koroma who is a successful banker and former Governor of the Central Bank of Sierra Leone will also serve as the Principal Adviser to the President. Sierra Leoneans are not surprised by his appointment because of his stance on issues of national interest and his disciplinary nature.

Citizens believe that a seasoned administrator, banker, investor and civil servant like Mr James Sanpha Koroma can contribute immensely to the development of this country.

Congratulations JSK! The staff of UTB are proud of you.

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