Graphic Business/Stanbic Bank forum: Meet speakers on DDEP
SEASONED experts on the economy, capital markets, finance and investment will next Tuesday lead a discussion on how the country can exploit the silver lining in the recently concluded domestic debt exchange programme (DDEP).
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They will be doing that at the Graphic Business/Stanbic Bank Breakfast Meeting in Accra on the theme: ‘DDEP: Lessons and Implications for How you Invest.’
The speakers are the Director General of the Securities and Exchange Commission (SEC), Rev. Daniel Ogbarmey Tetteh, who will speak on the role of investments in the national development agenda and its benefit to investors, an Associate Professor of Economics, Prof. Festus Ebo Turkson, who address participants on the triggers of the DDEP, lessons and strategies to prevent a repeat, and a chartered accountant and former Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Dr Dan Seddoh, who will explore the future of investments and how to regain public trust.
The event will take place at the Labadi Beach Hotel with the Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, as the Chairperson.
Aim
The thought-leadership event is aimed at exploring the lessons and implications of the DDEP – a prerequisite to accessing assistance from the International Monetary Fund (IMF) to resuscitate the economy – that shook the confidence of investors.
The DDEP resulted in the swapping of about GH¢87 billion short-dated bonds that had an average coupon rate of 19 per cent for long-dated ones with yields averaging nine per cent.
The breakfast meeting is a quarterly initiative of the Graphic Business, Ghana’s most authentic and read business and economics newspaper, and Stanbic Bank, a top tier lender for businesses.
Below are the profiles of the speakers.
Abena Amoah
Abena Amoah is one of Ghana's leading female investment bankers and financial advisors. She is the first female MD of the GSE, having taken office in November 2022.
She joined the exchange as Deputy MD on August 1, 2020 and has been in the capital market industry over the past 24 years.
She is highly respected for her technical knowledge, business acumen, outstanding professionalism and integrity.
Her experience covers stock market listings and trading, mergers and acquisitions advisory, investment research, asset management, private placement of equity, debt and hybrid instruments, large infrastructure project development, business start-ups and incubation, public education on investment and financial matters, and capital markets development.
She has previously worked with the BlackIvy Group LLC; Renaissance Group, where she was CEO of NewWorld Renaissance Securities Ltd and Head of Investment Banking & Finance in West Africa (excluding Nigeria) for Renaissance Capital; and Strategic African Securities Ltd, where she was Executive Director.
She is an alumna of the University of Ghana Business School.
She has also undertaken academic and leadership studies at the Stanford Graduate School of Business, Harvard Business School and the University of Denver’s Daniels College of Business.
Ogbarmey Tetteh
Rev. Tetteh is the DG of the SEC and Chairman of the West Africa Securities Regulators Association (WASRA).
He is also the Chairman of the Ghana Investments and Securities Institute, a member of the Board of the National Pensions Regulatory Authority and a member of the Financial Stability Advisory Council in Ghana.
His working experience has revolved around lecturing and investment banking.
Rev. Tetteh spent over 20 years in investment banking with the Databank Group, where he played various roles, including Head of Asset Management and Head of Research.
He lectured briefly in Marketing at the University of Ghana Business School from 1996 to 1998 and was also a facilitator in a Case Study in a Corporate Finance class at the Harvard Business School in 2008.
He also served as Vice President (2013-2017) on the Governing Council of the Ghana Securities Industry Association (GSIA).
He has written two books, including a bestseller titled ‘31 Days To Financial Independence’ and other several articles.
Rev. Tetteh holds a B.Sc. in Administration (Management option) with first-class honours and an MBA (Marketing) from the University of Ghana Business School.
He also has a Postgraduate Diploma in Corporate Finance and Management from Sorbonne University, Paris, and an honorary doctorate in Management and Christian Leadership from the International Christian University.
Rev. Tetteh is the Senior Pastor of New Creation Chapel Int., a charismatic church headquartered in Accra.
Ebo Turkson
Prof. Turkson is an Associate Professor of Economics, Department of Economics, University of Ghana, where he has been lecturing since May 2000.
He is also an external member of the Monetary Policy Committee of the Bank of Ghana in charge of taking decisions on the monetary policy directions for Ghana.
Prof. Turkson holds a PhD in Economics from the Nottingham School of Economics, University of Nottingham, UK.
Prior to that, he attended the prestigious Harvard University (USA) as a special student of the distinguished Department of Economics for his PhD course work.
He obtained his Master of Philosophy in Economics and Bachelor of Arts in Economics and Sociology degrees from the University of Ghana.
Prof. Turkson is a development economist with research interests in the areas of international trade, macroeconomic policy, small enterprises development, financial and monetary economics, international macroeconomics, and applied econometrics.
Recently, he has taken a keen interest in natural resource economics, especially in exploring the environmental impact of macroeconomic policies in trade and trade policy.
Prof. Turkson is an expert in training on impact evaluation, microeconometricsand economic policy analysis as well as small enterprise development in developing countries especially sub-saharan africa.prof.
Turkson has over 50 publications in international peer reviewed journals and research reports and book chapters. He has consulted for international organisations such as the World Bank, IDRC, Swiss National Foundation, DANIDA, ILO, UNECA, AfDB, UNDP, UN-WIDER, Copenhagen Consensus, GIZ, ECOWAS Secretariat, among others.
Daniel Seddoh
Dr Seddoh is the former CEO of the NPRA. He was also the Acting Managing Director of Universal Merchant Bank during the bank’s transitional period.
Dr Seddoh served as a Board Member and the Audit Committee Chairman for Universal Merchant Bank and also served as the Board Chairman for All Terrain Services Limited, (a hospitality company which operates in over 10 countries across Africa), Millennium Insurance Company Limited and Appointed Time Screen Printing Company Limited.
He is a Non-Executive Director of Databank MFund Limited, Kasapreko Company Limited and Ghana Deposit Protection Corporation.
He is also an Executive Director of Riscovery Limited – an insurance brokerage and consultancy firm.
Dr Seddoh’s employment history spans the financial services sector (pensions, insurance, banking, finance and leasing among others).
As a chartered accountant, he trained with KPMG. His formal education took him through the Manchester Business School for his Masters of Business Administration and University of Bradford for his doctorate in Business Administration.
He is a Fellow of the Institute of Chartered Accountants-Ghana, a member of Chartered Institute of Taxation-Ghana and Chartered Insurance Institute of Ghana.
