Togbe afede xiv biography of barack
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Togbe also founded Strategic Initiatives Ltd (SIL), a portfolio and private equity investment firm, and is the co-founder of Databank Financial Services, Sunon Asogli Power Ghana Ltd, Africa World Airlines Ltd, Cloud Ghana Ltd and Lighting & Construction Africa Co., Ltd.
As a member of the Government of Ghana Transition Team , Togbe led a three-man interim Ministry of Finance management team which prepared the draft national budget for 2009.
Togbe has also at various times, held or continues to hold positions on several governing boards including those of Aluworks Ltd, Bank of Ghana, National Investment Bank, China Africa Company limited, Pioneer Kitchenware Limited, Trans Africa Telecom Ltd and the Volta Region Development Agency.
Togbe served on the board of the Central Bank of Ghana from 2003 to 2013 and was a member of the President’s Economic Advisory Council from 2009 to 2012.
In 2015, he joined the Board of Directors of the World Trade Centre and is chairman of World Trade Centre Accra. He played a vital role in the development of Ghana’s capital markets, which was then in an infant stage and is credited with the publication of the first ever stock market indices in 1991.
A serial entrepreneur, he has several successful businesses to his name, including Africa World Airlines, the largest domestic airline in the country; Sunon Asogli Power (Ghana Limited), a power producing company; and Navigator Communications & Technology, an ICT firm.
In 1999, he set up Strategic Initiatives Ltd, a private equity and portfolio investments firm. He serves as the President of the Asogli Traditional Council and is currently President of the National House of Chiefs.
Togbe Afede had his secondary education at Kpedze Secondary School and Labone Secondary School where he sat for his ‘O’ and ‘A’ levels respectively.
He is also the President of the Volta Region House of Chiefs and a member of the Standing Committee of Ghana National House of Chiefs. He played a vital role in the development of Ghana’s capital markets, which was then in an infant stage and is credited with the publication of the first-ever stock market indices in 1991.
Togbe Afede Companies
Togbe Afede XIV is an investment banker with more than 20 years’ experience.
He is the Agbogbomefia of the Asogli State in Ghana. However, he was awarded a substantial fellowship by Yale University. In 1979, he obtained a BSc in Administration (Accounting) from the University of Ghana School of Administration. He taught Financial Accounting (BSc) and Accounting Theory (MBA) until 1994 when he teamed up with others to establish Databank Financial Services.
He went on to found his own investment firm, Strategic African Securities (SAS). In 2015, he joined the Board of Directors of the World Trade Centre and is chairman of World Trade Centre Accra.
In 2009, he served as a member of the Government Transition Team and the Head of the Committee on the Economy, leading the preparation of the 2009 budget.
He has over 18 years of experience in investment banking, having co-founded Databank Financial Services Ltd in 1990.
Togbe’s other current directorships include:
• Accra Hearts of Oak Sporting Club Ltd (Chairman), Ghana’s premier football club
• Africa Fertilizer and Agribusiness Partnership, a partnership of African development organizations
• Africa World Airlines Ltd (Co-chairman), a domestic and regional carrier
• Aluworks Ghana Ltd, an aluminium rolling mill listed on the Ghana Stock Exchange (GSE)
• Ensign College of Public Health, a private university training public health practitioners
• National Investment Bank Ltd (Chairman), a majority state-owned, publicly traded universal bank
• Sunon Asogli Power (Ghana) Ltd, an independent power generating company
Among Togbe’s many awards and recognitions are the following:
• Top 100 Ghana Most Influential People (Ranked 17th), May 2015
• Induction into Ghana Entrepreneurial Hall of Fame, April 2015
• Special Entrepreneurial Achievement, 2012 3rd Ghana Entrepreneur Awards, 2012
• Golden Image Award 2011, Liberia Recognition For Peace Development Initiatives
• Best Entrepreneur, Energy Sector 2010, 2011 World Entrepreneurial Day Awards
• Chieftaincy Leadership, 2010 Millennium Excellence Awards, Ghana
• Order of the Volta, 2008 National Republic Day Awards
• Planters of Seed Award, 2006 Ghana Top 100 Businesses Awards Ceremony
• Personality of the Year, 2005 Millennium Excellence Awards, Ghana
Togbe Afede XIV is also a traditional ruler.
Togbe Afede
Togbe Afede, Chairman, World Trade Center Accra
Togbe Afede XIV is an investment banker with more than 20 years’ experience. He later gained a Master’s in Business Administration from the prestigious Yale University in the United States of Ghana.
James Apko began his working life at the now defunct Bank for Housing and Construction as a planning officer performing analysis of projects undertaking by loan applicants.
He then proceeded to Labone Secondary School in Accra where he excelled in the GCE “A” Level examination in 1976.
Togbe earned his BSc in Administration (Accounting) from the University of Ghana School of Administration, Legon in 1979 (and later, an MBA from Yale University).
Early Working Life
Togbe did his post-graduation national service at the erstwhile Bank for Housing and Construction (1979-1980), where, as a planning officer, he performed financial analysis of loan applications' projects, and established and negotiated short and long-term loans and financial packages for clients.
Between 1981 and 1984, Togbe worked with the Ghana Cocoa Marketing Board as an Accountant.
He is the Executive Chairman of World Trade Centre Accra and founder of the SAS Finance Group Ltd, comprising of Strategic African Securities Ltd, a stock brokerage and corporate finance advisory firm, and SAS Investment Management Ltd, an asset management firm.
Togbe also founded Strategic Initiatives Ltd (SIL), a portfolio and private equity investment firm, and is the co-founder of Databank Financial Services, Sunon Asogli Power Ghana Ltd, Africa World Airlines Ltd, Cloud Ghana Ltd and Lighting & Construction Africa Co., Ltd.
Togbe’s other current directorships include:
• Accra Hearts of Oak Sporting Club Ltd (Chairman), Ghana’s premier football club
• Africa Fertilizer and Agribusiness Partnership, a partnership of African development organizations
• Africa World Airlines Ltd (Co-chairman), a domestic and regional carrier
• Aluworks Ghana Ltd, an aluminium rolling mill listed on the Ghana Stock Exchange (GSE)
• Ensign College of Public Health, a private university training public health practitioners
• National Investment Bank Ltd (Chairman), a majority state-owned, publicly traded universal bank
• Sunon Asogli Power (Ghana) Ltd, an independent power generating company
Togbe Afede has also at various times, held or continues to hold positions on several governing boards including those of Aluworks Limited, Bank of Ghana, National Investment Bank, China Africa Company limited, Pioneer Kitchenware Limited, Trans Africa Telecom Ltd and the Volta Region Development Agency.
He is currently the majority shareholder of Accra Hearts of Oak Sporting Club Limited and chairs the board.
When he returned to Ghana in 1989 after his studies at Yale, he took up an appointment as a lecturer in Financial Accounting and Accounting Theory at the University of Ghana. So Togbe finally received his MBA from the Yale School of Management in May 1989.
In 1989, he returned to Ghana, accepting an appointment as a lecturer at the School of Administration, University of Ghana.