The Chief Executive Officer of the Standard Chartered Bank, Mr Mervyn Davies arrived in Accra last night for a three-day official visit.

The trip, his first to Africa after assuming office two months ago was to acquaint him with the bank's operations in Ghana. He would commission a data service centre in Accra during the visit.

Mr Davies told newsmen on arrival that he was happy to visit Ghana, which had been identified as the hub of Stanchart's operations in West Africa because the political and economic climate is good.

He said the establishment of the data service centre showed the confidence the bank had in Ghana and gave the assurance that Stanchart would develop its business in the country to help accelerate Ghana's economic growth. The Chief Executive Officer said Stanchart was committed to Africa and wanted to play a big role in her future developments by investing heavily in the continent.

Mr. Ebenezer Essoka, Managing Director of Stanchart Ghana and some government officials met Mr Davies, who was accompanied by Mr Peter Sullivan, Chief Executive Officer Africa Region, based in London, on arrival.