Economics and Business

Ashanti Community Banks Directors’ Association receives AI and artificial fluency training by the  Financial Inclusion Advocacy Centre (FIAC).

Ashanti Community Banks Directors’ Association participated in a specialized training programme on Artificial Intelligence (AI) and Artificial Fluency last Saturday at the NODA Hotel, aimed at equipping bank leaders with the knowledge and skills needed to navigate the rapidly evolving digital financial landscape.

The one-day workshop was organized for the Ashanti Community Banks Directors’ Association and facilitated by the Financial Inclusion Advocacy Centre (FIAC). The programme sought to enhance directors’ understanding of how Artificial Intelligence can improve banking operations, customer service, governance, decision-making, and financial inclusion.

The training was led by Mr. Gideon Baffoe, Facilitator at the Financial Inclusion Advocacy Centre and Godfred Lord Kwesi Crenstil. FIAC emphasized the importance of embracing AI technologies while developing artificial fluency, the ability to understand, communicate, and effectively apply AI tools in organizational leadership.

The Chief Executive Officer of FIAC, Mr. Ernest Nyaaku, had always encouraged directors to proactively adopt emerging technologies to strengthen the competitiveness and resilience of Rural and Community Banks

Also present was the Business Developer of FIAC, Ms. Rosemond Ofori, who highlighted the Centre’s commitment to supporting financial institutions through capacity-building initiatives that promote innovation and digital transformation.

The workshop brought together 39 directors and representatives from several Rural and Community Banks, including Sekyere Community Bank PLC, Asokore Mampong Community Bank PLC, Amansie Community Bank PLC, Asokore Community Bank PLC, Odotobri Community Bank PLC, Kumawuman Community Bank PLC, Sekyedumase Community Bank PLC, Subin-Akwaboaso Community Bank, Okomfo Anokye Community Bank, Atwima Mponua Community Bank, and Bosome Freho Rural Bank.

Participants included seasoned professionals and board members such as Dr. Cynthia Asamoah Gyimah, Dr. Stephen Antwi, Hon. Amoah Afrifa Dacosta, Ben Kwakye-Adeefe, Esq., V/Rev. Agyeman Opambour, Nana Abena Amoakohene Kissi, and many other directors representing their respective institutions.

The interactive sessions featured practical demonstrations, discussions on AI applications in banking, digital governance, cybersecurity awareness, and strategies for leveraging emerging technologies to improve financial inclusion and institutional performance.

Participants expressed appreciation to the Financial Inclusion Advocacy Centre for the insightful training, describing it as timely and relevant as Rural and Community Banks continue to embrace digital transformation. They called for similar programmes to be organized regularly to keep directors informed about technological advancements shaping the future of banking.

The successful workshop reaffirmed the commitment of the Ashanti Rural & Community Bank Directors Association and the Financial Inclusion Advocacy Centre to building the digital leadership capacity of Rural and Community Bank directors across Ghana.

CHECKOUT THE LIST OF BANKS AND THEIR DIRECTORS WHO ATTENDED:

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