Yaw Osafo-Maafo; Senior Minister of The Republic of Ghana
Yaw Osafo-Maafo is 75 years
old, and has had an exemplary career as a banker, consultant, politician and a
statesman.
He is a graduate of the Kwame
Nkrumah University of Science and Technology, an Engineer and Project Analyst
by training, and a fellow of the Ghana Institute of Engineers. He started his
career as an engineer at the Volta Aluminium Company (VALCO).
He went on to head and
successfully restructure two major development banks – The Bank for Housing and
Construction and The National Investment Bank.
He has also worked as a
consultant for international development organisations such as the World Bank,
African Development Bank (ADB), United Nations Development Programme (UNDP)
amongst others.
Yaw Osafo-Maafo was a Member of
Parliament for Akyem Oda Constituency for 3 terms and the Minister of Finance
and Economic Planning for 4 years from 2001-2005, a period which saw the
dramatic turnaround of the Ghanaian economy.
His achievements were
recognised internationally in 2001 when he was adjudged the best Finance
Minister of the year in Africa by the Banker Magazine, a Financial Times
Publication.
Along with the Finance Minister
of Canada, he was also named the Finance Minister of the Year in November 2001
by the World Economic Forum in Davos.
He served as Minister for
Education and Sports from 2005 to 2006, a period which saw the implementation
of significant reforms in education and sports sectors, including the
introduction of the Capitation Grant.
Ghana for the first time
qualified for the World Cup following the reforms under his leadership.
Osafo-Maafo has served on the
boards of various financial institutions and corporate bodies, and was the past
Vice-President of the Executive Committee of the West African Bankers
Association.
He was a founding Deputy
Chairman of the Ghana Stock Exchange, and was instrumental in setting up
Donewell Insurance Company and the Methodist University College Ghana.
He also represented the
Institute of Engineers at the Consultative Assembly that drew up the 1992
Constitution of the Republic of Ghana.
He is married with four
Children.
source: www.ghana.gov.gh
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