Rokel Commercial Bank
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Rokel Commercial Bank
Rokel Commercial Bank (RCB) is a commercial bank in Sierra Leone. It is one of the commercial banks licensed by Bank of Sierra Leone, the national banking regulator. The bank is named after the Rokel River, the longest river in Sierra Leone. RCB serves members of the public, small and medium enterprises (SMEs), as well as large corporations. According to the bank's web site, it one of the three largest commercial banks in the country by assets. History Founded in 1917 as ''Barclays Bank of Sierra Leone'' as a subsidiary of Barclays Bank, the name was changed when ownership of the bank's stock changed hands in 1999. Governance The Chairman of the seven-person Board of Directors is Birch M. Conte, one of the non-Executive directors. Victor Keith Cole serves as the Managing Director and Chief Executive Officer. He is assisted by seven other senior managers in the day-to-day running of the bank. Branch Network , Rokel Commercial Bank maintains a network of branches at the fol ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United Bank f ...
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List Of Banks In Sierra Leone
This is a list of commercial banks in Sierra Leone ; Commercial banks # Sierra Leone Commercial Bank # Standard Chartered Bank (Sierra Leone) # Rokel Commercial Bank # Guaranty Trust Bank (Sierra Leone) # Union Trust Bank # First International Bank # First Bank of Nigeria, formerly International Commercial Bank # Access Bank Sierra Leone # Ecobank # Skye Bank # United Bank for Africa # Zenith Bank # Keystone Bank ; Community banks # Marampa Masimera Community Bank # Mattru Community Bank # Segbwema Community Bank # Yoni Community Bank See also * List of banks in Africa * Banking in Sierra Leone * Bank of Sierra Leone * Economy of Sierra Leone * List of companies based in Sierra Leone References External links Website of Central Bank of Sierra Leone Banks Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the nor ...
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Banking In Sierra Leone
Banking in Sierra Leone consists of a central bank, the Bank of Sierra Leone, seven commercial banks, and six community banks. Banking sector The Civil War destroyed many of the branches of the country's commercial banks and as of 2005 there were 34 commercial bank branches, the majority in the major towns. Procedures for obtaining loans have been assessed as very complicated and there is a relatively low ratio of private credit to GDP at just over 4 percent. Community Banks Community banks play the role of extended financial services to local communities which are not able to access the commercial banks. They are also designed to help development within Sierra Leone by supporting the government's microfinancing program and by empowering local communities. See also *List of banks in Sierra Leone References {{Africa topic, prefix=Banking in Economy of Sierra Leone Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwes ...
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Pujehun
Pujehun is the capital of Pujehun District in the Southern Province. The current estimate of the population of Pujehun is 20,121 people. Pujehun is a rural town and is the commercial and administrative center of Pujehun District. Pujehun lies about 50 miles south of Bo, and about 200 miles -south-east of Freetown. The inhabitants of Pujehun are largely from the Mende ethnic group, although like with virtually all areas in Sierra Leone, the Krio language of the Sierra Leone Creole people is the most widely spoken. History Pujehun was named after the powerful Mende warrior Nyagua, who was residing at the nearby village of Panguma. When Nyagua and his men went to battle, they used the site of the present village as their resting place. At that time There was a lot of pepper growing in the town, which the Mende call "puei." At any time they reached that area, they called it Pujehun. Ethnicity The majority of the population in Pujehun are from the Mende ethnic group ...
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Moyamba
Moyamba is the capital and largest city of Moyamba District, in the Southern Province of Sierra Leone. There has been a recorded population of 11,485 in the 2004 census. The city is ethnically diverse, although the Mende people make up the majority. The city is home to the Hatford Secondary School for Girls, which is one of the elite secondary schools in Sierra Leone. The school attract some of the most gifted students from all parts of Sierra Leone, along with students abroad. The school is an all-girls secondary school, and the students are in a boarding home in the school campus. The city has a history of producing some of Sierra Leone's most prominent politicians, including the country's first president, Siaka Stevens. Ethnicity Moyamba is an ethnically diverse city, although the Mende make up the largest population. As with most parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is the most widely spoken language in Moyamba. Sport Like the rest of ...
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Makeni
Makeni is the largest city in the Northern Province of Sierra Leone. The city is the capital of Bombali District, and is the economic center of the Northern Province. Makeni is the fifth largest city in Sierra Leone by population. The city of Makeni had a population of 80,840 in the 2004 census and a 2013 estimate of 112,428. Makeni lies approximately 110 miles east of Freetown. Makeni is home to the University of Makeni, the largest private university in Sierra Leone. As with most parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is the most widely spoken language in Makeni. Government The city of Makeni is one of Sierra Leone's six municipalities and is governed by a city council which is headed by a mayor in whom executive authority is vested. The mayor is responsible for the general management of the city and is elected directly by the residents of Makeni in municipal elections held every four years. The current mayor of Makeni is Sunkari Kabba- ...
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Koidu
Koidu Town (or Sefadu) is the capital and largest city of the diamond-rich Kono District in the Eastern Province of Sierra Leone. The population of Koidu Town is 124,6based on the 2015 Sierra Leone national census. Koidu Town is the fifth largest city in Sierra Leone by population, after Freetown, Kenema, Bo and Makeni. Koidu Town is a major urban, business, commercial and diamond trade center. Koidu Town lies approximately 280 miles east of Freetown, and about 60 miles north of Kenema. Two of the world’s ten largest and most famous rough diamonds were found in the Woyie River that flows through Koidu Town. The city is officially known as Koidu City. The mayor of Koidu City and members of the Koidu-New Sembehun city council are directly elected every four years by the residents of Koidu. The current mayor of Koidu Town is Komba Sam of the Coalition 4 Change
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Kenema
Kenema is the third largest city in Sierra Leone (after Freetown and Bo, Sierra Leone, Bo), and the largest city in the country's Eastern Province, Sierra Leone, Eastern Province. It is the capital of Kenema District and a major economic center of the Eastern Province. At the 2015 national census, Kenema had a population of 200,354. Kenema is located approximately 200 miles from Freetown, and south of Bo. Kenema is one of Sierra Leone's most ethnically diverse cities. Like most parts of Sierra Leone, the Krio language of the Sierra Leone Creole people is by far the most widely spoken language in Kenema. Kenema is governed by a directly elected city council, headed by a mayor in whom executive authority is vested, and who is responsible for the city's general management. The mayor and council members are elected every four years. Kenema's current mayor is Thomas Karimu Baio of the Sierra Leone People's Party Karimu Baio was elected mayor with 79.4% of the vote in the 2018 Kenema ...
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Bo, Sierra Leone
Bo, also commonly referred to as Bo Town, is the second largest city in Sierra Leone by landscape/geographical location (after Freetown) and the largest city in the Southern Province. Bo is the capital and administrative centre of Bo District. The city of Bo had a population of 149,957 in the 2004 census and had a population of about 233,684 based on 2017 estimate. Bo is an urban centre, and lies approximately 160 miles (250  km) eastsoutheast of Freetown, and about 40 miles (71 km) to Kenema. Bo is the leading financial, educational and economic centre of southern Sierra Leone. The city of Bo is one of Sierra Leone's six municipalities and is locally governed by a directly elected city council, known as the Bo City Council, headed by a mayor. The Mayor and members of the Bo City Council are directly elected every four years in a municipal election. The current mayor of Bo is Harold Logie Tucker of the Sierra Leone People's Party, who was elected mayor with 69.7% o ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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