KWABENA DUFFUOR
PRESIDENT, HOUSE OF DUFFUOR ASSETS
Wealth: SELF MADE, FINANCE
Education: UNIVERSITY OF GHANA, BACHELOR’S DEGREE, ECONOMICS, SYRACUSE UNIVERSITY, MASTER’S DEGREE, ECONOMICS, DOCTOR OF PHILOSOPHY (1979)
Known For: GOVERNOR OF BANK OF GHANA (1997-2001), MINISTER OF FINANCE & ECONOMIC PLANNING OF THE REPUBLIC OF GHANA (2009-2012)
OVERVIEW
Kwabena Duffuor is the Chief Executive Officer of closely held House of Duffour Asset Holdings. He expanded into his real estate portfolio by snapping up skyscrapers in Accra which mostly houses his companies.
His largest holding is in UniBank, one of the largest banks in Ghana, which caters primarily to high and low net worth clients. His sons, Kofi Duffuor and Kwabena Duffuor play key roles in Star Assurance and UniBank respectively; Kofi is the Managing Director at Star Assurance while Kwabena is the Chief Operating Officer at UniBank. They also own a portfolio of commercial real estate in Ghana. Akosua Duffour and Boatemaa Panin Duffour also play major roles at UniCredit whiles Boatemaa Kakra Duffour-Nyarko also serves on the board of Star-Life Assurance.
NET WORTH SUMMARY
House Of Duffuor Assets Group owns majority stakes in Unibank, UniCredit, Star Assurance, UniSecurities, StarLife Assurance, and Excellence in Broadcasting Networks (a media conglomerate).
Kwabena founded The Institute for Fiscal Studies (IFS), a non-profit think-tank devoted to the provision of economic policy advice, after he exhibited grave concern about the fiscal policy decisions and management of Ghana’s public finances.
Visibility Ratings: B
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