Managing Director of the Agricultural Development Bank PLC, Alhassan Yakubu-Tali, has resigned from his position.

A statement shared on Thursday, February 6, 2022, said he resigned after the majority shareholder of the Agricultural Development Bank PLC nominated a new managing director.

The statement said that during his tenure as MD, Mr Yakubu Tali is said to have successfully led the injection of Ghc 1.501 billion to ensure capital stability.

Also, the strategic focus on recovering the bank's non-performing loans yielded impressive results, leading to improved financial performance.