Thelma Efua Quaye

Thelma Efua Quaye serves as a board member of First Atlantic Bank, one of Ghana's established private commercial banks with a history spanning over two decades of service to Ghanaian businesses and individual customers. First Atlantic Bank has built its market position through corporate banking, trade finance, and retail banking, developing a reputation for responsiveness and relationship-based service that distinguishes it in Ghana's competitive banking market.

First Atlantic Bank's governance involves overseeing a bank that has grown steadily over the course of its existence, building its balance sheet, expanding its branch network, and developing the customer relationships and product capabilities that support its competitive position. Board directors contribute to the oversight of management strategy, risk management frameworks, and the governance standards that protect the bank's depositors, shareholders, and regulatory standing.

Quaye's board service at First Atlantic Bank contributes to the governance of an institution that has demonstrated the ability to grow and sustain itself in one of Ghana's most competitive banking markets through a period that has included the dramatic restructuring of the sector in 2017 and 2018. The governance quality of boards at institutions that successfully navigated that period has been a significant factor in their survival and subsequent development.

Her recognition in the 2026 Avance Media Top 100 Women Board Directors ranking places her among Ghana's significant women in banking governance. The ranking, examining board compositions across 100 of the country's leading institutions, found women in nearly 26 percent of board seats, a measure of the progress that has been made in gender inclusivity in Ghana's most significant corporate governance roles even as the majority of positions continue to be held by men.

Her service at First Atlantic Bank represents a contribution to the governance of a homegrown Ghanaian bank whose development reflects the capacity of domestically-owned financial institutions to build competitive positions in a market increasingly contested by international and regional banking groups.