The Council of the Ghana Stock Exchange (Exchange) has appointed Abena Amoah as the new Managing Director of the Exchange.
Her appointment takes effect from November 24,2022.
Ms Amoah will take over from Ekow Afedzie, the current Managing Director, who will retire from the Exchange on November 23, 2022, after 32 years of stellar and transformational service.
A release issued in Accra said “Ms Amoah, who joined the Exchange as Deputy Managing Director on August 1, 2020, has been in the capital market industry for more than 24 years and 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.
It said she had previously worked with the Blacktvy Group LLC; Renaissance Group, where she was CEO of NewWorld Renaissance Securities Ltd and Head of Investment Banking & Finance in West Africa (ex-Nigeria) for Renaissance Capital; and Strategic African Securities Led, 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.
Ms Amoah takes over at a time when the Exchange is implementing two major programmes: a three year strategie plan to transform from a frontier market to an emerging market; and the demutualisation of the Exchange, a strategie transition that will result in a group of related companies, including a limited liability company to manage market operations and a company limited by guarantee to undertake public education and other market development activities.
The release said her previous experience and current roles at the Exchange will serve her well in the execution of these programmes.
The Council, the release added looks forward to an impactful tenure of office and wishes her well in her new role.