Page 17 - Agib Bank Ltd Annual Report and IFRS Financial statements 2020
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SIGNIFICANT EVENTS DURING THE YEAR 2020
The Covid -19 pandemic has brought the world to a standstill in 2020, Businesses were significantly affected
whilst some staff have to work from home for some time. Some staff members contracted the virus and others
have close family members who contracted it. The Central Bank of the Gambia, Ministry of Health and World
Health Organization (WHO) guidelines were strictly adhered to. We would like to take this opportunity to thank
the staff for their wonderful cooperation and support during this difficult time.
The Managing Director, Mr Nuha Marenah has also retired by the end of year 2020 and has been replaced
by Mrs Isatou Jawara as the new CEO.
OUTLOOK FOR 2021
The road map for 2021 is
• Digitalization of the bank. A digitalization committee has been formed to implement the plan. The
digitalization project is in line with Government’s drive to achieve full financial inclusion and a cashless
society as articulated in the National Development Plan.
• Take financial services to the door step of the rural population in partnership with our sister company
Q-Money.
• To enhance staff capacity through training and job rotation.
CONCLUSION
On behalf of the Board of Directors and Management, I want to thank our esteemed customers for their trust
and patronage, our shareholders for their support and confidence in the Board of Directors and our staff for
their commitment towards actualizing and sustaining the ideals and the corporate objectives of your noble
institution. I would also like to thank the Central Bank of the Gambia for their effective oversight and guidance.
Finally, I would want to thank Mr Nuha Marenah for the wonderful service and guidance he has provided over
the years and also welcome Mrs Isatou Jawara to the family. I pray that Almighty Allah S.A.W would continue
to guide and direct your bank and every one of us.
Assalamalaikum wa barakatuhu
Annual Report and IFRS Financial Statements for the year ended 31 December 2020 16
