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Kweku Baah Ofori

Info

  • Location Accra, Ghana
  • Year awarded 2015
  • Course Oil and Gas Economics - MSc Petroleum, Energy Economics and Finance
  • University University of Aberdeen
  • Area of expertise Petroleum and Energy Economics, Accounting, Audit, Taxation, Project modelling, Financial management, project finance modelling and risk assessment, internal control design and management, business restructuring, business plan design and implememntation

Biography

With a passion to succeed and influence decision making in businesses, Kweku had a desire to pursue a career in Accounting. After reading Business in Prempeh College, Kweku gained admission to read Accounting in Ghana’s premier business school; University of Ghana Business School. He was awarded a Bachelors of Science degree in Administration (Accounting option) in 2009. Kweku had an opportunity to work as an intern with Fidelity Bank Ghana Limited as a Service Ambassador right after completing his first degree. He had a desire to work in the Telecom industry and made a bold decision to move from the banking industry. Kweku was successful after a recruitment process by Millicom Ghana Limited (TIGO) and joined as a Treasury Assistant for his national service. After deliberating with senior colleagues in industry, Kweku made a firm decision to pursue a professional career with The Institute of Chartered Accountants, Ghana (ICAG). He enrolled in November 2009 and completed the programme in November 2010. He graduated in April 2011 as an associate member. After national service, Kweku joined an audit firm, BLA & Associates from September 2010 to June 2014, where he rose from Assistant Audit Manager to Audit Manager. Kweku led a number of assignments including the audit of Ghana Oil and Gas Insurance Pool, Donewell Insurance, Stratcomm Africa, Ghana Insurance College, among others. His roles included; leading the preparation of audited financial statements to client’s board of Directors, reporting any weaknesses in procedures, leading tax consultancy among others. He also led teams to provide business advisory services including organisational restructuring, revenue monitoring, business plans and financial analysis for clients including National Lottery Authority and Energy Commission. In 2013, Kweku was a finalist in the Challenge Educational Reality Show organised by the British Council, Ghana. Kweku in a move to implement some of the techniques and skills acquired was offered a Finance Manager role at The Managed Healthcare Company Limited in July 2014. He led the restructuring of the Finance department, putting in place robust internal controls and other financial management policies. In addition, he implemented a policy that managed the debt stock of the company. In 2014, Kweku satisfied the minimum working experience by ICAG and was admitted as a member of the institute. He later qualified to practice and received a practicing certificate from ICAG as a certified auditor in March 2015. After receiving his practicing certificate, Kweku started an audit firm, Baah Akyeanfo & Co, providing services in assurance, tax, business advisory and financial consultancy. He has led the team since its inception. Kweku in September 2015 was awarded a scholarship from Tullow Group Scholarship Scheme (TGSS) which is managed by the British Council, Ghana to pursue a post graduate degree in the United Kingdom. Kweku studied MSc (Econs) in Petroleum Energy Economics and Finance and graduated with distinction from the University of Aberdeen, Scotland. The programme equipped him in designing project models and determining their viability and assessing risks. Whilst in the UK, Kweku partnered Renewable UK, an association of renewable energy companies in UK in a research on Government subsidies. The research titled, “how close is onshore wind to zero subsidy” sought to provide an empirical evidence of whether the UK Government should continue its support to the industry. The research proved that, removing subsidies will not support investment in renewable energy and the UK Government not likely to achieve its carbon emission targets. Kweku is also a member of The Energy Institute, UK. He loves music and football.

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