HFC Wins Change Management Awards

HFC Wins Change Management Awards

Accra, 28th March, 2017 – HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, was awarded with the Most Successful Change Management Program at the HR Star awards held at the La Palm Royal Beach Hotel on March 25, 2017. The event was organized by the Institute of Human Resource Practitioners of Ghana. The award is in recognition of the successful acquisition of HFC Bank Ghana by Republic Financial Holdings Limited and the various Change Management activities that have taken place under the new Leadership of the Bank.

Upon his assumption to office as the new Managing Director of HFC Bank Ghana, Mr. Robert Le Hunte’s prime focus was to revitalize the culture of the Bank. His famous quote – ‘Culture eats Strategy for lunch’ translates that, any strategic objective of the Bank must prioritise the revitalization of the culture of the people.

Commenting on the Award, Mr. Robert Le Hunte added that, HFC Bank Ghana adopted an integrated change management plan that touched on all variables which influenced the behaviours, attitude and culture of the organization. In that regard, he was very confident about the success of the change management plan.

Speaking on the future of the Bank, Mr. Le Hunte emphasised that the Bank is on a strong footing with an entrenched performance culture, high employee engagement, improved workplace conditions, improved IT delivery, innovative products and services, an attractive brand, a strong balance sheet owing to being part of the formidable Republic Financial Holdings Limited and most importantly, a strong leadership to grow the Bank into a tier one Bank in Ghana.

Republic Financial Holdings Limited is the largest and most profitable independent Bank in the English-speaking Caribbean, having served the region for over 180 years, and has assets in excess of US$9.92 billion. HFC Bank Ghana became a subsidiary of the Republic Financial Holdings limited in May 2015. The strategic direction of Republic Financial Holdings Limited is to grow HFC Bank Ghana to become Leading Bank in Africa.


HFC Bank Ghana Limited is a leading Universal Banking Institution in Ghana and the most diversified financial institution. As a one-stop financial institution, its services include Retail Banking, Commercial Banking, Investment Banking, Mortgage Banking and Micro Finance.  HFC Bank Ghana has been instrumental in the development of the mortgage industry in Ghana and continues to be the number one home loan provider in the country with over 30% share of the mortgage industry.

HFC Bank Ghana is now a subsidiary of the Republic Financial Holdings Limited, one of the largest and most successful independent commercial banks in the English-speaking Caribbean with over 176 years of banking experience.

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