No Result
View All Result
Tuesday, February 7, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    5 important things to know about the African Continental Free Trade Area agreement

    Idris Elba adds Ghana to the list of African countries he wants to partner with

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Pensioners to picket at Finance Ministry over DDE

    Ghana begins to locally manufacture its own bullion vans to combat robbery

    MTN’s aYo insurance covers over 8 million Ghanaians in 5 years

    AGI urges Govt. to effect favorable business policies

    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Encourage China to support Ghana’s debt restructuring – Akufo-Addo to Germany

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Nigeria ranks number one globally for cryptocurrency usage and ownership

    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

  • TECHNOLOGY

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

    E-commerce in Ghana – statistics & facts

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    5 important things to know about the African Continental Free Trade Area agreement

    Idris Elba adds Ghana to the list of African countries he wants to partner with

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Pensioners to picket at Finance Ministry over DDE

    Ghana begins to locally manufacture its own bullion vans to combat robbery

    MTN’s aYo insurance covers over 8 million Ghanaians in 5 years

    AGI urges Govt. to effect favorable business policies

    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Encourage China to support Ghana’s debt restructuring – Akufo-Addo to Germany

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Nigeria ranks number one globally for cryptocurrency usage and ownership

    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

  • TECHNOLOGY

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

    E-commerce in Ghana – statistics & facts

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

10 Biggest corporate movements in 2014: Part 1

bycitibusinessnews
January 6, 2015
in Banking And Finance, Business, Mining, TECHNOLOGY, Top Stories
Share on FacebookShare on TwitterShare on Whatsapp

Corporate Ghana every year witnesses some interesting movements be it resignations, dismissals or what have you.
These movements usually make or break the companies or institutions.

In 2013 for example the banking industry witnessed the appointment of four women as bank managers of four banks in the country.

The move solidified Ghana’s slow but growing grip on Ghana’s banking industry by women.

ADVERTISEMENT

So as we prepare to see the new movements in 2015 let’s take a look at 2014 and the biggest corporate movements that caught our attention.

In the first of our two part report we look at five of the 10 biggest corporate movements in 2014.

The big shakeups in 2014 begun in the banking and financial industry and later moved to the telecom and mining industries.

The first major appointment that caught our attention was the appointment of Albert Essien as the CEO of Ecobank Transnational Incoportaed (ETI) in March of that year.

Albert Essien, CEO of Ecobank Transnational Incoportaed (ETI)
Albert Essien, CEO of Ecobank Transnational Incoportaed (ETI)

His appointment followed the dismissal of Thierry Tanoh as CEO and brought to an end, a nine-month battle over allegations of mismanagement that shook confidence in the pan-African lender.

Thierry Tanoh
Thierry Tanoh

The wrangling in Ecobank which led to the appointment of Mr Essien had been keenly monitored by industry players for months.

Prior to his appointment Albert Essien was the deputy chief executive of the bank and was in charge of the corporate and investment banking arm for more than 20 years.

According to him running the bank had been his dream from the onset.

‘Immediately I got into Ecobank I said I will run that bank, i told myself, i will become the MD of the bank.

There is nothing wrong with having ambitions it’s how you mange them, there should be no crab mentality, you should not stand on the shoulders of others to get to the top.’ He said.

Then came the big shocker, in that same month, the announcement that, the Co-Founder of Data bank Keli Gadzekpo had stepped down as the Chief Executive Officer of the bank, a position he had occupied since 2012 after Ken Ofori-Atta resigned due to health reasons.

Keli Gadzekpo
Keli Gadzekpo

Keli Gadzekpo together with Ken Ofori-Atta and James Akpo (Togbe Afede XIV) set up Databank in 1990.

Mr Gadzekpo moved to Enterprise Group as its new CEO after his resignation from Data bank.

Keli Gadzekpo in an interview with Citi Business News said his new role is ‘an opportunity for him to shift emphasis from stewardship and overseeing governance as a director, to leading the company at an exciting time in its 90 year history’.
Then came the appointment of Roshi Motman as the MD of Tigo in the same month.

Roshi Motman
Roshi Motman

This appointment was an interesting one because it was the first time a woman had been put at the helm of affairs of a telecom company in the history of the country.

Prior to this appointment we had seen the likes of Mawuena Trebah, Ursula Owusu among others who played key roles in the industry some years back, but not to that height.

Though not Ghanaian and Swedish by birth Ms Roshi Motman’s appointment showed the industry after all was not one, that was male dominated.

Then in April came the appointment of Lucy Quist as MD of Airtel.

Lucy Quist
Lucy Quist

Lucy Quist became the first Ghanaian woman and the second woman in the history of the country to be appointed to head a telecommunications company.

Lucy’s technical and business acumen, industry experience and in country perspective have so far played a pivotal role in driving the company’s journey outside the traditional consumer arena.

In that same month a known name in the mining industry Dr.Tony Aubynn was appointed as the new Chief Executive Officer of the Minerals Commission.

Dr.Tony Aubynn
Dr.Tony Aubynn

Questions were raised about his appointment due to his previous role as the CEO of the chamber of mines and the chief lobbyist for mining companies.

His critics asserted that he may not be effective in his new position due to issues of conflict of interest having been the Chamber of Mines boss.

But Dr.Tony Aubynn downplayed their fears. “Personally anyone who has followed me and the things I have said before know they have all been said with Ghana in focus”. He said.

According to Dr. Aubynn, his track record in initiating projects to develop local mining communities and improve the living the standards of the people in mining communities must not be downplayed.

He said,” Some people have forgotten that we were the people advocating for more royalty payment to the communities for development, and I have been very active in ensuring Ghanaian involvement in mining”. He stressed.

By: Vivian Kai Mensah/citifmonline.com/Ghana

Related Posts

5 important things to know about the African Continental Free Trade Area agreement

bycitibusinessnews

The African Continental Free Trade Area (AfCFTA) which unites the 55 members of the African Union (AU) and eight Regional...

Read more

Nigeria ranks number one globally for cryptocurrency usage and ownership

Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

Pensioners to picket at Finance Ministry over DDE

Ghana begins to locally manufacture its own bullion vans to combat robbery

AGI urges Govt. to effect favorable business policies

Gold-for-oil: Govt spent $40m on first consignment – NPA

Next Post
Dr.Tony Aubynn,  Minerals Commission Boss

Gold prices to increase this year-Minerals Commission

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.