Accra, April 1, GNA - President John Agyekum Kufuor has confirmed the appointment of Mr. Yaw Opoku Atuahene as the Managing Director of the Agricultural Development Bank.

The confirmation takes effect from March 14 2008, a statement from the bank released by Mr Daniel Koomson, Head of the Public Relations Unit, said on Tuesday.

Mr. Atuahene had acted in that position since January 1 this year when the position became vacant.

An Agricultural Economist, Poultry Scientist and Project/Financial Analyst, Mr. Atuahene was first appointed to ADB in 2001 as a Deputy Managing Director in-charge of Credit and Administration.

Until his confirmation as the substantive Managing Director, he was in charge of Credit and Banking Operations of the Bank. He had previously worked at National Investment Bank (NIB) and Prudential Bank.

Mr Atuahene, a product of Adisadel College, Cape Coast, won a scholarship and proceeded to the Oregon State University, USA, in 1972 where he graduated with BSc (Agricultural & Resource Economics), MSc (Poultry Science) and M. A. (Economics, Statistics & Extension Methods) Degrees at the end of his studies.

He also has to his credit certificates in Basic Project Appraisal, Investment Project Appraisal, Investment Analysis and Management, and Agriculture Project Planning with Computer Application. Mr. Atuahene is married and has six daughters.