Economy

McDan Group appoints new Group CEO

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McDan Group of Companies appoints Kweku Ampromfi as the Group CEO. His appointment takes effect from 1st August 2023. He takes over the leadership role from the Founder, hard-workingBusinessman, Freight Forwarding and Entrepreneur of the Year2013, The Entrepreneur of the Year 2016, and the CIMG Marketing Man of the Year, 2017 Dr. Daniel McKorley who is now the Chairman of the group.

Kwaku brings on board an in-depth knowledge of finance, investment, strategic management, global business dynamics, and leadership. He is a finance, investment, and strategic management professional with over 20 years of experience in multiple industries in Africa and North America.  

Before his appointment, he was the Founder, President, and CEO of Ampromfi Group, an investment and management consulting firm focused on the unique challenges facing the private and public sectors in Africa. At Ampromfi Group, he leads the team in providing superior corporate finance solutions in originating, structuring, and executing complex financial solutions that haveraised over GHS2.5 billion.  

Indeed, due to his highly skilled expertise in Leadership, Strategic Management, and Negotiation, Kwaku has established deep relationships with large international partners in the global finance market to provide access to readily-available and much-needed financing for large public and private sector entities in the Power & Energy, Mining, Infrastructure, Construction, Oil & Gas, Power, Media, Manufacturing, Logistics, and Agriculture sectors.

He had rich expertise in delivering funds to clients either as an Arranger or Advisor by providing debt, equity, re-financing, deal generation, or bridge funding through Development Finance Institutions, Sovereign Wealth Funds, Private Equity Funds, Commercial Banks, and Export Credit Agencies. In fact, he has established himself in the finance industry by providing superior corporate finance solutions in originating, structuring, and executing complex financial solutions and a wide range of capital-raising structures for projects.

Prior to founding Ampromfi Group, he lived in Atlanta, Georgia USA where he founded GoGoHealth – a software startup, developing web and mobile platform solutions for disease diagnosis. At GoGoHealth, he led the team in strategy, fundraising, design, marketing, promotion, and delivery of products and services. Global conglomerate GE was an investor in GoGoHealth. 

He was also a Project Manager and Consultant for Infosys Technologies, a 120,000-employee, IT services company serving Fortune 500 companies where he led teams in building multiple platforms and executing projects in emerging technology, application deployments, data analysis, and strategic consulting.

Kwaku is a former Research Associate at Harvard Business School where his research focused on providing statistical analysis on stock options and stock grants of Fortune 500 executives. He is also a former US Federal Grant Reviewer, former Radio Talk Show Host, and a former Executive Director of Leaders of Tomorrow Foundation where he provided technical assistance to USAID. 

He holds a Bachelor of Science degree in Mathematics from Kwame Nkrumah University of Science and Technology where he was also the Local President of the National Union of Ghana Students. He is a graduate of Harvard University. Kwaku is a Deacon at a multi-national/multi-cultural church – Agape New Testament Church, Accra. He resides in Accra with his wife Jan, and their two children. 

Kweku expressed gratitude and thank Group Chairman for the confidence reposed in him but however, appreciates the huge task ahead of him and promised to work with the team to move the McDan Group of Companies to another height in line with the company’s vision which is to become a household name and a leading Mining, Logistics and Private Aviation provider in Africa. 

Equally, The Group Chairman, Dr. Daniel McKorley reiterated his commitment to support Kweku and the team to advance the vision of the group, more importantly, ensure that Electrochem (Salt Company located at Ada) gets listed on the Stock Market in order to give every Ghanaian Investor the opportunity to be part of this significant investment thereby creating more jobs for the citizens, significantly within the local economy.

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