ManagementCDH Financial Holdings Limited is managed by a team with extensive experience in the financial markets, and is committed to providing innovative products and services. The management team includes:
Emmanuel K. ADU-SARKODEE Group Chief Executive Officer & CEO, Ivory Finance Company
He currently serves on the boards of several institutions, including Phoenix Life Assurance Company Ltd, Accra City Hotel (NOVOTEL), CDH Asset Management Ltd, CDH Securities Ltd, CDH Commodities Ltd, Phoenix Insurance Company Ltd and Ghana Catfish Ltd.
Prior to joining CDH Financial Holdings Ltd, Mr. Adu-Sarkodee was the Personal Assistant to the Group Chief Executive at Transnational Holdings, a financial services group with interests in southern Africa and the United Kingdom.
Mr. Adu-Sarkodee joined CDH as the Business Development Manager in 2000, and was appointed Executive Director of CDH Financial Holdings in 2005 to lead in restructuring the Group.
He has been involved in major business transactions, including the acquisition of Benefits Insurance Ghana Ltd by Regency Alliance Insurance and Capital Express Life Ltd and the restructuring of Phoenix Insurance Company Ltd.
He is the architect of the National Buffer Stock Company Ltd, a project he led from conceptualisation to implementation; from thought to finish. This is now a thriving company, serving to safeguard the food security of Ghana.
Mr. Adu-Sarkodee holds a Bachelor of Arts (Honours) degree in Sociology with Political Science, and an Executive MBA in Entrepreneurial Management from the University of Ghana. He also holds a Bachelor of Laws (LLB) degree from the GIMPA Law School (Ghana), and has undertaken short courses in finance and management.
He is married to Dr. Catherine Adu-Sakodee, and has two children.
Desmond NARTEY Executive Director, CDH Securities Limited
Mr. Nartey is a credentialed member and a Certified Valuation Analyst (CVA) of the International Association of Valuers, Consultants and Analysts (IACVA), and a member of the Board of Governors of IACVA (Ghana).
He has many years of progressive experience in economics, financial services and investment management. Before joining CDH, he worked as the Deputy Head of Investment at SIC, Head of Corporate Finance at Strategic African Securities Ltd (SAS), a stock brokerage and investment management firm. Between March 2005 and January 2006, Desmond was seconded to NTHC Ltd as the Acting Chief Executive Officer.
He serves on the boards of CDH Financial Holdings Ltd, Ivory Finance Company Ltd, CDH Securities Ltd, CDH Asset Management Ltd, CDH Commodities Ltd, Phoenix Insurance Company Ltd and Phoenix Life Assurance Company Ltd.
Martin ASAMOAH Executive Director, CDH Commodities Limited
He has worked with CDH in various capacities as corporate finance analyst, accounts executive and accounts manager, before assuming his current position. Martin has several years of experience in the financial services industry in Ghana.
Mr. Asamoah serves on the boards of CDH Financial Holdings Ltd, CDH Securities Ltd, CDH Asset Management Ltd, and CDH Securities Ltd.
Seth ARYITEY Executive Director, CDH Asset Management Limited
Mr. Aryitey has vast experience in banking and finance. Some of his significant professional and career achievements include the establishment of HFC Brokerage Services Ltd (a member of the HFC Bank Group in Ghana), and SIC Financial Services Ltd (Brokerage).
He has been engaged in various public and private listings on the Ghanaian financial markets. Mr. Aryitey is a lecturer in Securities Trading and Investment Advisory Techniques at the Ghana Stock Exchange. He is a lecturer at the Chartered Institute of Bankers (Ghana), and also a regular panelist on a number of media platforms.
Seth Aryitey serves on the boards of CDH Financial Holdings Ltd, CDH Asset Management Ltd and CDH Securities Ltd.
Emmanuel Augustus AMISSAH Group Head, Legal
Mr. Amissah worked with Kwaku Kyeremateng & Company, Ghartey & Ghartey, and AB & David Law (formerly General Law Consult), where he rose to become a partner. He headed the Commercial Litigation & Alternative Dispute Resolution (ADR) unit as well as the Property & Real Estate practice groups of the firm.
He had a stint at Scancom Limited (operators of MTN Ghana) as the Senior Manager (Site Acquisitions) and was also in-house counsel for Facol Roads Limited (a road construction & furnishing company).
Mr. Amissah is a member of the Ghana Bar Association.
Kofi ADJEI-BAAFI Head, Operations (CDH Commodities Ltd.)
Before joining CDH Commodities Ltd, Mr. Adjei-Baafi worked at CDH Securities Ltd. as Head of Business Development, and at CDH Insurance Ltd as Assistant Business Development Manager. He also served at the National Population Council as a Population Officer.
Felicia Enyonam KUDAWOO Head, Credit Risk Management (Ivory Finance Company Ltd.)
Ms. Kudawoo is a risk management expert, with diverse experiences in fund management, credit risk management and administration. She worked with HFC Investment Services Ltd, a subsidiary of HFC Bank (GH) Limited.
Benjamin Apeakorang Group Chief Finance Officer
Notable among his previous clients have been Wells Fargo (US), Freddie Mac (US), Ford Motor Credit Company (US), StanbicIBTC Asset Management (Nigeria), Zenith Capital (Nigeria), Global Fund (Ghana) and Data Bank Asset Management (Ghana).
Ben is a Fellow of the Association of Certified Chartered Accountants, and also a Certified Internal Auditor. He holds an MSc in Accounting from Leeds Metropolitan University (UK) and previously worked with PwC (Ghana) and KPMG (US).
His areas of expertise and competence include risk management, internal controls (COSO), International Financial Reporting (IFRS), US GAAP/ GAAS, financial analysis, budgeting and budget reviews, Sox-404, auditing/ accounting, financial due diligence, and extensive international experience.
Kwasi Owusu ASARE Group Head, Business Development and Corporate Communication
Group Head, Business Development and Corporate Communication
Kwasi is the Group Head, Business Development and Corporate Communication for CDH Financial Holdings Ltd. He is a seasoned and versatile media and marketing professional who has 17 years experience in change management, marketing and media relations.
He is a product of the University of Ghana Business School and a member of the Chartered Institute of Marketing (Ghana). He holds a BSc in Accounting and is currently undertaking an EMBA (Online Program) with the University of Wales.
Kwasi has to his credit various international media training with organizations like the British Broadcasting Corporation, Clear Channel and other media organizations in the United Kingdom and the United States. He is also a member of the Radio Advertiser’s Bureau headquartered in the USA.
He has been instrumental in turning around the fortunes of some key media organizations in Ghana such as Multimedia Broadcasting Company, Graphic Communications Group Ltd., and West Africa Media Development Fund.
Prior to joining CDH Financial Holdings Limited he was the Director of Marketing for the Ghana Broadcasting Corporations.
He is married with two children.
- Currency (GHC)
- Fx Buy
- Fx Sell
- BK Rates
- CFA Franc
- Pound Sterling
Last updated: 1 Sep, 14
- Equity (GHC)
- SCB PREF
Last updated: 1 Sep, 14
GSE Composite indexThere were only 2 gainers in trading last week on the Ghana Stock Exchange as 5 laggards ensured the continuous downward trajectory of the bourse’s Composite Index (GSE-CI) to levels of 2,200.18 points [down by 55bps to a year-to-date return of 2.56%]. Losses in Ecobank Ghana and Societe Generale also resulted in the Financial Stock Index (GSE-FSI) posting a marginal drop of 15bps to 2,113.75 points and a year-to-date return of 18.3%. Market volume improved for the week from 1.3 million shares last week to 2.8 million shares this week. Total turnover however declined by 34% to GHC 4.5 million. Using information on closing bids and offers we expect price gains in GCB, GGBL and TOTAL and losses in GSR, HFC, SCB and UNIL.
Previous Date: 22nd August, 2014 • 2,212.28 points
Current Date: 29th August, 2014 • 2,200.18 points
Change to Date: 3%
- Commodity (USD)
- Oil (Brent)
- USD 103.19 per barrel
- USD $3,219.00 per metric tonne
- USD 1,285.80 per ounce
- USD 195.75 per pound
- USD 3.59 per bushel
Last updated: 1 Sep, 14
Pearls of Wisdom
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