Bob ROCO Romeo

The Board of Directors and Executive Committee of Hollard International are pleased to announce the appointment of Mrs Patience Akyianu as the Group Chief Executive Officer of Hollard Ghana Holdings Limited, effective 1 October, 2018.  Patience’s appointment is a clear reflection of the company’s current state: ready to take on the future and fired up after another year of growth and continued success. Patience was previously the Managing Director of Barclays Bank Ghana and prior to that, the Finance Director. Before joining Barclays Bank Ghana, this pioneer and true visionary worked as the Chief Finance Officer of Standard Chartered Bank, South Africa and also held senior roles in Standard Chartered Bank, Ghana, spending a total of seventeen years of her career in the banking industry. Patience is also no stranger to the financial services fraternity with an undeniably impressive track record of building high performing teams and passion for customer service. The newl...

The Foundation set up by MUSIGA President, Bice Osei Kuffour aka Obour in honour of his late mother, the Christiana Addo Memorial Foundation has granted scholarships to three SHS graduates to enable them pursue courses at tertiary institutions. The students are Barbara Aggrey of the College of Health and Wellbeing, Kintampo; Daniela Adjeiwaa of St. Monica’s Training College, Mampong Ashanti and Humeni Gideon of the University of Education, Winneba. An elated Frank Essuman, Coordinator of the Foundation said, “Granting these scholarships is in line with the vision of the Foundation which is to support young students to acquire meaningful education while being conscious of their hygiene.” He added that the Foundation has several plans in stock for the youth of the Juaso community and its environs. The MUSIGA President added that, “Granting the scholarship is in line with my mother’s dream of supporting the underprivileged in our community. Apart from the scholarships, we h...

Two executive members Cee Kudjoe and Francisco Apenu Cofie of the Event Vendors Association of Ghana (EVAG) have represented the association at the 7 th Association of Professional Party Organizers and Event Managers of Nigeria (APPOEMN) held in Victoria Island, Nigeria. The conference which was attended by vendors, planners and managers in the event industry from all over Nigeria was under the theme: “Collaboration.” Speaking to newsmen on arrival from the conference, Francisco Cofie expressed his appreciation to the leadership of EVAG for choosing them to represent the association at the event describing it as a wonderful learning experience. He shared his experience, “Being at the conference is an eye opener to enable us build a very solid foundation for EVAG and also drove home the need to work together to protect and support each other in the event industry having in mind the image of Ghana .” The three day conference featured presentations, panel discussions, works...

President, Women in Mining (WIM) Ghana, Georgette Barnes Sakyi-Addo has underscored the need for the country to recognise the enormous contributions women are making in the country’s mining sector value chain. Women in Mining, a registered non-governmental organisation is seeking to increase women participation in mining from the current below 10 percent to about 30 percent in the next five years. Madam Sakyi-Addo speaking to B&FT at the sidelines of a Women in Mining Corporate Social Responsibility workshop themed: “Ghana’s Mining and Regulatory Framework: Challenges and Opportunities for Enhancing Women Participation.” in Accra, said: “There is a lot that women are doing in the mining sector value chain. In the next five years we should be hitting about 30 percent women participation in the mining sector. A lot of the private sector large scale mining firms already have gender inclusion programme on going and they are making the effort to employ more women into t...

Ghana Reinsurance Company (Ghana RE) has rolled out US$52,000 to fourteen Life and Non-Life Companies as sponsorship packages for their staff to attend various insurance institutions in the country and outside. The company’s that received the various amount of monies include; Met Life – US$10,000, Ghana Union Life – US$5,000, Old Mutual Ghana Limited – US$3,000. The rest in the life category are Glico Life – US$2,000, Enterprise Life – US$2,000, SIC Life – US$2,000 and Mi Life – US$2,000. In the general business category are; Hollard Ghana – US$10,000 for being the Cedant of the Year 2017. Ghana Union Assurance – US$5,000, Vanguard Assurance – US$3,000. The rest in the general business category are; Equity Assurance – US$2,000, Activa International – US$2,000 and SIC Insurance – US$2,000. These companies are to send their staff to insurance institutions in The Gambia and Ghana. According to Ghana Re, the companies have contributed to the growth of the reinsurer.

KEK Reinsurance Brokers (Africa) Ltd, received a special award from Ghana Re during the 2017 Cedants Awards held at the plush Marriot Hotel in Accra. The company was awarded for its role in the growth of Ghana Re over the period. This award is the third in succession that the company has received from the state reinsurer having beaten international reinsurance brokers to the award on the two previous occasions. KEK Re places significant business from Ghana and the rest of Africa with Ghana Re and so has built a significant book of business that keeps growing. The company covers the Ghanaian insurance market extensively and has over time become a household name in Ghana and other parts of Africa especially in the West African Sub Region where it has clients in Sierra Leone, Gambia, Liberia, Togo, Nigeria etc. According to the Chief Executive Officer, Shaibu Ali, the collaboration with Ghana Re has been very successful as Ghana Re is not interested in the business becaus...

The National Insurance Commission (NIC) says they are alarmed at the amounts of money repatriated as reinsurance premiums annually. According to the regulator, each year, the commission approves far in excess of US$10 million dollars to be transferred overseas which impact negatively on the cedi on the local economy. Justice Yaw Ofori, Commissioner of Insurance revealed that some of these premiums are in respect of services or covers that should have been able to build local capacity for, but for the lack of adequate level of innovation. He therefore said as commissioner of insurance, he applauds the initiative of the board and management of Ghana Re to reward cedants. “I strongly believe that as cedants, you can do better, and therefore entreat you all to ensure that local capacity is fully utilized before any recourse to overseas reinsurance as stipulated in the Insurance Acts 724 of 2006.” The commissioner therefore called cedants to resolve adequately to share ris...