BREAKING News: Ken Ofori-Atta confirmed dead-

Ghana’s Minister of Finance in Akufo-Addo’s first term and who was named Finance Minister designate for a second term, Mr. Ken Ofori-Atta has passed on, your most reliable news portal can authoritatively confirm.  

Mr. Ofori-Atta who is credited with a solid transformation of the Ghanaian economy between 2017 and 2022 was flown out of the country under emergency following a complication of his Covid-19 situation post recovery as broke news yesterday.

The Minister was earlier due to be vetted before Mathew Opoku Prempeh but was rescheduled to a yet to be announced date and time due to his ill health. He is now confirmed dead.

Reliable family sources who confirmed the death to declined to give further comment except to say that the family and government is preparing to make an official announcement.

Following news of his illness leaking, the government chose to come clean by releasing a statement of him seeking medical attention abroad.

“After recovering from Covid-19 last December, Mr Ofori-Atta has had medical complications which doctors advise, require further interventions not currently available in Ghana.” their statement said.

Ken Ofori-Atta profile

Ken Ofori-Atta was born on 7 November 1958 in Kibi, a small town in the Eastern Region of Ghana. He is a member of the prominent Ofori-Atta family of Ghana that has been influential in politics, law, chieftaincy and business.

Ofori-Atta had his education at Achimota School in Ghana, after attending the Accra Newtown Experimental School (ANT 1) where Tsatsu Tsikata also had his primary education. He proceeded to have a Bachelor of Arts in Economics from Columbia University (1984) and an MBA from the Yale University School of Management in 1988

Ofori-Atta co-Founded Databank Financial Services with Daniel Ofori-Atta, Keli Gadzekpo and Togbe Afede XIV in 1990; he served as its Executive Chairman until February 14, 2012 when he went on retirement. He also worked at investment banks Salomon Brothers and Morgan Stanley on debt and equity management. He has other business interests in Insurance, Retail Banking, Private Equity, Micro-finance, Pharmaceuticals and Real Estate.

In 1997, Ofori-Atta was the first African to testify at the US Congress Ways and Means Committee to support the African Growth and Opportunity Act (AGOA.)

Ofori-Atta served as a director for numerous companies and as a member of some other boards as well. He was a Director for Enterprise Group Ltd and Trust Bank Ltd of The Gambia of which he is the Chairman. He also was a Director at the International Bank and is also a Board Member of the Acumen Fund.

Ofori-Atta was President Nana Akufo-Addo’s nominee to assess the health of the economy during the transition period after the 2016 elections. In May 2017, Akufo-Addo named Ken Ofori-Atta as part of nineteen ministers who would form his cabinet. The names of the 19 ministers were submitted to the Parliament of Ghana and was announced by the Speaker of the House, Rt. Hon. Prof. Mike Ocquaye. As a Cabinet minister, Ken Ofori-Atta is an integral part of the inner circle of the president of Ghana, Nana Akufo-Addo, and is to aid in the key decision making activities in the country and he brings to the Ministry over 30 years’ experience in the Ghanaian and international financial sector.

Source: Zoure/2021

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