15th July 2024

Daasebre Akuamoah Agyapong II

Daasebre Akuamoah Agyapong II, Omanhene of Kwahu Traditional Area in the Eastern Region, has been appointed the chairman of the board of directors of the Agricultural Development Bank (ADB).

He takes over the role from Mr Alex Bernasko, a legal practitioner, who served as chairman of the nine-member board of the Agriculture Development Bank (ADB) during the first term of President Akufo-Addo.

The new board chair, Daasebre Akuamoah Agyapong II, in his new role, is expected to support the management and staff of the ADB to pursue the vision of the bank, which is to be the people’s bank, harnessing the transformational power of agribusiness for wealth creation.

Additionally, growing a strong customer-centric bank, providing profitable and diversified financial services for a sustained contribution to agricultural development will also be at the forefront of the targets that the board chairman and the management of ADB are expected to set for themselves.

The ADB

The Agricultural Development Bank (ADB) Limited is a universal bank offering a full range of banking products and services in consumer, corporate, parastatals/public sector, SME, agriculture, trade and e-banking services. Its business focus is universal banking with a developmental focus on Agriculture and more.

The bank successfully listed on the Ghana Stock Exchange (GSE) on December 20, 2016. The new ownership structure of the bank has Financial Investment Trust holding 60.50%; Government of Ghana, 32.30%; and retail investors and ADB staff taking the remaining 7.20%.

Profile

Daasebre Akuamoah Agyapong II is known in private life as Eugene Asante Boadi, and he is Chartered Accountant by profession. At a very young age of just 34 years, he was enstooled as the king of Kwahu in 2017.

In Suhum, Daasebre Akuamoah Agyapong II schooled at SOS; then enrolled at Association International School, in Accra, where he had his Kindergarten to JSS education. In 1998, he completed his BECE, and proceeded to St. Peters in Kwahu, in 1999, where he read business.

He was admitted at the University of Ghana, Legon, in 2002 to study Business Administration, (Accounting option), and completed in 2006. He joined KPMG just after school as an audit associate, and worked with them till about 2009. He left for the USA to pursue a Master’s programme in Finance and Investment Banking at Lincoln University.

He returned to Ghana in December 2010 after completing same. He secured a 6-month consultancy job with Goldfields Ghana Limited, Damang, specifically to do asset verification in 2011. Three months into the contract, a management staff, the capital accountant of Goldfields Ghana Limited, resigned, and he was asked to take up the position.

He worked in the space till 2013 when he left to start his own consultancy. In 2017, he was enstooled as the Omanhene of Kwahu Traditional Accra.

 

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