CHARLES KWAME ASARE
Accra
Summary
A career commercial and investment banker with over 30 years of professional experience in executive leadership positions in organizations in Africa and USA. I am visionary and transformational leader who possesess superior interpersonal, communication and analytical skills. I am a practical and result oriented leader with a good track record of significant achievements.
Overview
39
39
years of professional experience
Work History
Board Director
CDH Investment Bank
01.2013 - Current
- Company Overview: a private commercial bank with a focus corporate and investment banking products and services
- A private commercial bank with a focus corporate and investment banking products and services
Managing Director
Ghana Airports Company Limited
09.2013 - 03.2017
- Initiated transformational reforms and strategies to GACL’s business model to make Kotoka International Airport an aviation hub for the Ecowas sub-region
- Arranged $400MM of project finance loans based on GACL’s balance sheet with no government support to fund the company’s growth and expansion
- Upgraded GACL’s airport infrastructure all round but the most notable was the construction of the $250MM Terminal 3 Project (T#)
- T3 is a purpose-built world-class terminal and transit hub with a passenger handling capacity of 5 million a year
- Transformed the organizational culture and improved customer service and operational efficiencies consistent with international best practices
- Improved aviation fuel supply from 2 days to 20 days by attracting new investors to the supply chain
- GACL’s image, financial position, business profile and the attitude of workers improved under my leadership
Management Consultant
Court Hills Limited
Accra
12.2007 - 08.2013
- Engaged in financial and business consulting specializing in Energy and Agribusiness, arranged financing and advised on debt and equity financing
Chief Financial and Operating Officer
Greater Philadelphia Health Action Inc.
10.2003 - 12.2007
- Company Overview: the largest USA government chartered managed healthcare insurance company in Philadelphia
- Responsible for the financial and operational departments
- From November 2007 to December 2010, served as personal assistant to GPHA’s CEO
- The largest USA government chartered managed healthcare insurance company in Philadelphia
Director General
Social Security and National Insurance Trust
04.1998 - 07.2001
- Initiated and executed broad reforms in the management of the national pension scheme and investments portfolio
- By any standard of pension fund performance, SSNIT's financial position and liquidity improved significantly under my leadership
- While in seat, I also served as Board Director of International Social Security Association in Geneva and Ghana International Bank, London, UK
Vice President and Regional Head
HSBC Equator Bank
11.1994 - 02.1998
- Responsible for managing account relationships of public and private sector organizations in West Africa
Assistant General Manager
Ecobank Ghana Ltd
Ghana
04.1990 - 08.1994
- Recruited from USA to establish the corporate banking department
- Served as board director of Ghana Stock Exchange, Ghana Venture Capital Fund and Lease Afrique Ltd
Assistant Vice President
Bank of Boston
USA
09.1985 - 02.1990
- Had my professional training in commercial and investment banking and managed a loan portfolio of $180MM
- Resigned in 1990 from my position as an Assistant Vice President of the bank to join Ecobank Ghana Limited
Education
MBA -
Tuck Business School, Dartmouth College
USA06.1985
BA - Economics
Haverford College
Haverford, PA, USA06.1982
GCE Ordinary and Advance Level degrees -
Prempeh College
Ghana01.1977
Skills
- Strategic Executive leadership
- Superior interpersonal, communication, and analytical skills
- Board dynamics
- Global Perspective
- Practical and results-oriented
Accomplishments
I have attended several training courses in leadership, management, strategic planning, governance and board directorship. I believe that i will be most effective in serving our nation in the following areas:
Institution Suggested Position
- Ghana Cocoa Board (Cocobod) Board
- Ghana Airport Company Limited (GACL) Board
- Ghana Infrastructure Investment Fund (GIIF) Board
- Minerals Income Investment Fund (MIIF) Board
- Ghana Commercial Bank (GCB) Board
- Bank of Ghana (BoG) Board
Timeline
Managing Director
Ghana Airports Company Limited
09.2013 - 03.2017
Board Director
CDH Investment Bank
01.2013 - Current
Management Consultant
Court Hills Limited
12.2007 - 08.2013
Chief Financial and Operating Officer
Greater Philadelphia Health Action Inc.
10.2003 - 12.2007
Director General
Social Security and National Insurance Trust
04.1998 - 07.2001
Vice President and Regional Head
HSBC Equator Bank
11.1994 - 02.1998
Assistant General Manager
Ecobank Ghana Ltd
04.1990 - 08.1994
Assistant Vice President
Bank of Boston
09.1985 - 02.1990
MBA -
Tuck Business School, Dartmouth College
BA - Economics
Haverford College
GCE Ordinary and Advance Level degrees -
Prempeh College
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