CDH 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 (B.A; MBA, LLB) Group Chief Executive Officer

Mr. Emmanuel Adu-Sarkodee is the Group Chief Executive Officer of CDH Financial Holdings Ltd.

He is responsible for the establishment of many thriving businesses. These include Phoenix Life Assurance Company Ltd, RBF Ltd, CDH Commodities Ltd, Phoenix Health Insurance Ltd, Phoenix Medical Centre, and Homeland Insurance (Liberia).

He has been the driving force and brain behind some of the most impressive corporate turnaround stories in Ghana. These include the successful re-positioning of Phoenix Insurance Ltd, Ivory Savings and Loans Ltd, CDH Financial Holdings Ltd, CDH Asset Management Ltd, CDH Securities Ltd, Phoenix Insurance and Phoenix Life Assurance Company Ltd.

Mr. Adu-Sarkodee presently chairs the Boards of CDH Securities Ltd, Phoenix Life Assurance Company Ltd, Homeland Insurance (Liberia), RBF Ltd, and Phoenix Health Insurance Company Ltd. He also serves on the boards of many institutions. These include National Investment Bank Ghana (Ltd), Ivory Savings and Loans Ltd, Phoenix Insurance Company Ltd, Accra City Hotel (NOVOTEL), CDH Asset Management Ltd, CDH Securities Ltd, CDH Commodities Ltd,Cornerstone Quarries Ltd, Global Media Alliance Holding Company, and Ghana Catfish Ltd.

Mr. Adu-Sarkodee beautifully blends cutting-edge experience from both the private and public sectors. He is the architect of the National Buffer Stock Company Ltd (NAFCO), 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. He also serves on the Council of the Ghana Employers Association.

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.

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

Desmond Nartey holds an MBA in Finance from the Joseph M. Katz Graduate School of Business of the University of Pittsburgh (USA), as well as BA and MA degrees in Economics from the City University of New York (USA).

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

Martin Asamoah is a Chartered Accountant, and holds an MBA in Accounting from the University of Ghana Business School. He also holds a Bachelor of Commerce degree, and Diploma in Education from the University of Cape Coast.

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

Seth Aryitey holds an MBA from the Ghana Institute of Management and public Administration (GIMPA), and a Professional Post-Graduate Diploma in Marketing from the Chartered Institute of Marketing Ghana (CIMG). He also holds a BA (Hons.) degree in Political Science with Sociology from the University of Ghana. He is an Associate Member of the CIMG, and full member of Institute of Directors (Ghana).

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

Emmanuel Amissah was called to the Ghana Bar in October, 1995, and has many years working experience as a legal practitioner.

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.

Eric ADAE Group Head, Corporate Communications

Eric Adae is a product of the University of Ghana, with a Master of Philosophy (M.Phil.) degree in Communication Studies, and a Bachelor of Arts (Honours) in Sociology with English.

Mr. Adae is the author of several publications on communications and marketing, and was a lecturer at the African University College of Communications (AUCC).

Before joining CDH Financial Holdings, he served as Director of Operations at Channel Two Communications and was also the Executive Director of Vivid Marketing Systems.

He is a member of the Institute of Public Relations (Ghana), and the Chartered Institute of Marketing (Ghana).

Kofi ADJEI-BAAFI Head, Operations (CDH Commodities Ltd.)

Kofi Adjei-Baafi holds an MA in Population Studies, and a BA (Honours) degree in Geography and Resource Development, both from the University of Ghana.

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. Felicia Enyonam Kudawoo holds an EMBA degree in Strategic and Project Management from the Paris Graduate School of Management. She is a product of the University of Cape Coast, where she graduated with a Bachelors Degree in Commerce, and Diploma in Education.

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

Ben is the Group Chief Finance Officer of CDH Financial Holdings Limited. He has over twelve years experience in practice, and brings to bear versatile strengths and extensive experience in various economies/ markets. He has diversified background in multiple industries, including banking and capital markets, finance, manufacturing, retail, service and not for profit organizations.

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.

Associated Businesses

  • Currency (GHC)
  • Fx Buy
  • Fx Sell
  • BK Rates
  • Dollars
  • 3.9392
  • 3.9432
  • 3.9412
  • Euro
  • 4.3581
  • 4.3619
  • 4.3600
  • CFA Franc
  • 150.38
  • 150.52
  • 150.45
  • Pound Sterling
  • 5.1848
  • 5.1928
  • 5.1888
  • Naira
  • 73.53
  • 73.65
  • 73.59

Last updated: 18 Jul, 16

  • Equity (GHC)
  • Price
  • Change
  • FML
  • 8.50
  • 0.00
  • MAC
  • 6.00
  • 0.00
  • ACI
  • 0.01
  • 0.00
  • EBG
  • 6.60
  • 0.00
  • EGL
  • 2.41
  • -0.01
  • ETI
  • 0.18
  • -0.02
  • GCB
  • 3.10
  • 0.01
  • GGBL
  • 1.82
  • -0.02
  • GOIL
  • 1.35
  • 0.00
  • GSR
  • 1.99
  • 0.00
  • GWEB
  • 0.01
  • 0.00
  • HFC
  • 0.82
  • 0.00
  • AGA
  • 37.00
  • 0.00
  • MLC
  • 0.18
  • 0.00
  • PKL
  • 0.05
  • 0.00
  • PBC
  • 0.06
  • 0.00
  • PZC
  • 0.24
  • 0.00
  • SCB
  • 14.25
  • -0.05
  • SIC
  • 0.15
  • 0.00
  • SPL
  • 0.02
  • 0.00
  • 0.78
  • 0.00
  • SWL
  • 0.04
  • 0.00
  • TBL
  • 0.35
  • 0.00
  • ALW
  • 0.13
  • 0.02
  • 3.95
  • -0.01
  • 0.03
  • 0.00
  • TLW
  • 27.88
  • 0.00
  • UNIL
  • 8.48
  • 0.01
  • UTB
  • 0.08
  • 0.00
  • AADS
  • 0.52
  • 0.00
  • 0.58
  • 0.00
  • GLD
  • 35.80
  • 0.00
  • 0.11
  • 0.00
  • BOPP
  • 2.80
  • -0.10
  • CAL
  • 0.82
  • 0.01
  • EBG
  • 6.36
  • 0.00
  • CLYD
  • 0.03
  • 0.00
  • CMLT
  • 0.12
  • 0.00
  • CPC
  • 0.01
  • 0.00

Last updated: 18 Jul, 16

GSE Composite index

Stocks listed on the Ghana Stock Exchange (GSE) gained more than GH¢500 million of their value in trading during the month of June. This was on the back of impressive recoveries in shares of Fan Milk, UT Bank, SIC Insurance and Ecobank Ghana. The market tracker – the GSE Composite Index – returned 1,787.50 points, up by 2.83% over May’s figure. The Financial Stocks Index (GSE-FSI) followed a similar trend; up by 1.10% to 1,671.30 points. Major price drops in Produce Buying Company, PZ Cussons and Mechanical Llyod were not enough to stem the positive trend on the bourse. Over GH¢36 million value of shares were traded with a number of block trades. In terms of volume, about 8.8 million shares traded in June as compared to 8.9 million shares in May.

Previous Date: 31st May, 2016 • 1,738.35 points

Current Date: 30th June, 2016 • 1,787.50 points

Change to Date: -10%

  • Commodity (USD)
  • Price
  • Change
  • Oil (Brent)
  • USD 45.99 per barrel
  • 2.91%
  • Cocoa
  • USD $3129.67 per metric tonne
  • 1.91%
  • Gold
  • USD 1328.50 per ounce
  • -2.29%
  • Coffee
  • USD 148.25 per pound
  • 3.31%
  • Maize
  • USD 3.60 per bushel
  • 0.28%

Last updated: 18 Jul, 16

Pearls of Wisdom

Success is walking from failure to failure with no loss of enthusiasm.

Winston Churchill