Board of Directors

Kwame Achampong-Kyei

Kwame Achampong-Kyei

Executive Chairman

Mr. Kwame Achampong-Kyei is highly regarded as one of the most successful and astute entrepreneurs in Ghana. He is a Fellow of the Chartered Insurance Institute of Ghana (CIIG) and a Member of the Chartered Insurance Institute (CII), UK.

He is the Founder and Executive Chairman of GLICO Group., which is made up of GLICO Life Insurance Company, GLICO General Insurance Company, GLICO Healthcare, GLICO Pensions, GLICO Capital, GLICO Properties among others.

Mr. Kwame Achampong-Kyei worked with the reputable American Life in the United Kingdom for many years before returning to Ghana to pursue his dream of establishing a life insurance company with a vision of bringing life insurance to the doorstep of every Ghanaian household.

After founding Gemini Life Insurance Company (now GLICO LIFE), Mr. Kwame Achampong-Kyei exhibited remarkable business acumen to grow and develop GLICO to become a dominant brand of choice in Ghana. Apart from GLICO Group Ltd and its subsidiary companies, he also owns and has major stake in a number of other companies, which provide employment for hundreds of Ghanaians.

At the industry level, he was a Founding Member of the Ghana Insurers Association (GIA) and served as the General Secretary of the GIA for more twelve consecutive years. He was instrumental in initiating and assisting in the establishment of a number of industry code of practice. He was one of the major brains behind the establishment of an oil and gas consortium (now known as GOGIP) following the discovery of oil and gas in commercial quantities in Ghana.

Mr. Kwame Achampong-Kyei serves on several Boards and his remarkable achievements have been recognized both locally and internationally with a number of awards including the prestigious Marketing Man of the Year conferred on him by the Chartered Institute of Marketing, Ghana (CIMG) in 2008, Order of the Volta, (one of the highest national awards, conferred on him by President John Agyekum Kufuor in 2008), Honorary Doctorate Degree awarded by the Commonwealth University in 2015, the 2019 Entrepreneur of the Year among many others.

Mr. Kwame Achampong-Kyei continues to pursue his entrepreneurial passion with verve and also inspire young people to exploit their God given talents and realize their dreams.

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Sir Daniel Charles Gyimah

Sir Daniel Charles Gyimah

Board Member

Sir Daniel Charles Gyimah is a professional Chemical Engineer as well as a Chartered Banker with over thirty (30) years experience. He is a Fellow of both the Ghana Institution of Engineers and Chartered Institute of Bankers (Ghana).

For almost a decade, he was the Private Sector Adviser to the Ghana Mission of the United States Agency for International Development (USAID).

Sir Gyimah served as the Managing Director of Eximguaranty Company (Ghana), a company engaged in Financial Guarantees business in Ghana, from 1998 to 2001. He also served as the Managing Director of the National Investment Bank from 2001 to 2009.

He was appointed as the Chairman of the Board of Directors of the Global Food Processing Company, Nestle (Ghana) Ltd, and the First Ghana Building Company Ltd.

Additionally, Sir Gyimah was the Chairman of the Metro Mass Transit Company Ltd, a company which runs intra and inter-city transport services in Ghana. He held Directorship position of the Global Petrochemical Company, the TOTAL (Ghana) Ltd and the AU Development Company Ltd, a real estate development company.

In the field of academia, he was the Chairman of the Council of the University for Development Studies (UDS), and also served as a member of the Governing Board of the Catholic University of Ghana for ten (10) years.

Currently, Sir Gyimah is an independent financial and engineering consultant in the AS Johnson and Associates.

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Edward Forkuo Kyei

Edward Forkuo Kyei

Group Chief Executive Officer

Mr. Forkuo Kyei is the Group Chief Executive officer GLICO Group Ltd and a chartered Insurer with over thirty years’ experience. Prior to his appointment as the Group CEO, he was the Managing Director of GLICO Life Insurance Company, the life insurance subsidiary of the Group for approximately ten years.

Having joined GLICO in 1992, he has played a pivotal role in the growth and success of the organization. He was instrumental in the establishment of most of the subsidiary companies under the Group and plays a key role in the growth of these companies.

Apart from being a Chartered Insurer and an Associate Member of the Chartered Insurance Institute (ACII) he also holds MSc in Insurance & Risk Management from Cass Business School City University (UK) and MBA in Finance & Advance Strategic Management from the Cardiff Business School, Cardiff University (UK). Mr. Forkuo Kyei is a product of Kwame Nkrumah University of Science and Technology (KNUST) where he graduated with a BSc Development Planning degree.

Mr. Kyei is a practicing Christian. He serves on several company boards as well as boards of institutions and organizations including Liberty Centre Assemblies of God Church and the Assemblies of God University College.

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Dr Adu Anane Antwi

Dr Adu Anane Antwi

Board Member

Dr Adu Anane Antwi is the immediate past Director-General of the Securities and Exchange Commission (SEC). Until his appointment, he managed his private firm of financial consultants and investment lawyers and was also a partner in a firm of chartered accountants. He worked as the Director of corporate finance and investment management at SEC from 1999 to 2003 and as Director of Fund Management and Investment at the National Health Insurance Authority from 2005 to 2006. He had also previously worked at the Ghana National procurement Agency (GNPA Ltd) from 1981 to 1999 where he held various positions.

He served as an adjunct lecturer from 1993 at various institutions, including the Ghana School of Law, the Central University College, the Ghana Institute of Management and Public Administration and the National Banking College. He has also served as an instructor for the Ghana Stock Exchange securities courses and as a resource person for the West African Institute for Economic and Financial Management, Nigeria. He has several publications on finance and corporate governance to his credit.

Dr Adu Anane studied at the University of Ghana Business School where he obtained a BSc. Administration (Accounting) degree in 1989 and an MBA degree in 1992. He also studied for the professional examinations of the Institute of Chartered Accountants, Ghana and qualified as a Chartered Accountant in 1996. He further studied at the Ghana School of Law and qualified as a lawyer in 2007.

He obtained his Doctor of Business Administration degree at the Paris School of Business in Paris, France.

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Mr. Bernard Joe Appeah

Mr. Bernard Joe Appeah

Board Member

Mr. Bernard Joe Appeah is the Chief Executive Officer of Pentax Management Consultancy Services Limited and Pentax Realty Limited in Ghana. He is an accomplished Development Management Consultant, Trainer and Motivational Speaker with both Local and International work experience.

He holds a Master’s Degree in Business Administration (1994) and an Honors Bachelor’s Degree in Economics with Statistics (1987) both from the University of Ghana. Additionally, he holds a Diploma in Investment Management (1990) from Turin, Italy, Diploma in Adult Training and Facilitation Skills (1997) from Aarhus, Denmark and a Post Experience Certificate in Project Management (1992) from the University of Bradford, England. He has attended and made presentations at several Local and International workshops.

His extensive career experience spans as far back as 1988 in the areas of Human Resource Management, Human Capital Development for Banks and Microfinance Institutions, Decentralisation, Monitoring and Evaluation, Corporate Governance, Investment Management, Institutional Review and Assessment, Business Process Reengineering among others.

He has worked and consulted for a vast number of organizations including but not limited to government institutions, international institutions and private sector organizations in the banking, finance, agricultural and insurance sectors.

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Stephen Badu

Stephen Badu

Board Secretary

Mr. Stephen Badu has over sixteen years experience in insurance and occupational pension schemes management. Before being elevated to his present position, he was the Chief Business Development Officer (Group Business) of GLICO Life Insurance Company (GLICO Life).

Having joined GLICO as a Management Trainee, he has, over the years, played major roles in the growth of the company. He was appointed the Underwriting Supervisor a couple of years after joining GLICO Life. The satisfactory performance of his duties as the Underwriting Supervisor resulted in the Company reposing more confidence in him and subsequently tasking him to manage the Group Business portfolio in addition to other supervisory roles.

He worked tirelessly with his team to grow the portfolio to become one of the major sources of premium income for GLICO Life.

He was recently elevated to the position of Executive Director (Business Development) at GLICO Group to bring his vast experience to bear on the growth of the various subsidiary companies of the Group.

Mr. Stephen Badu, who is also a lawyer by profession, holds a Bsc (Land Economy) from KNUST and MBA from GIMPA. He also possesses a Diploma and Advance Diploma certificates in Insurance. He also obtained his LL.B (First Class Hons.) from GIMPA and BL/QLC from the Ghana School of Law. He is a member of the Ghana Bar Association, International Bar Association and the Chartered Insurance Institute (UK).

Mr. Stephen Badu has also participated in major courses and seminars both locally and internationally to add on to his wealth of knowledge.

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