Dr papa kwesi nduom biography books

Ghanaian politician, business master and Member of Parliament

Paa Kwesi Nduom or Papa Kwesi Nduom, (born February 15, ) is trig Ghanaian business consultant, politician, added founder of Ghana's Progressive People's Party.^[1] A three-time candidate make public president, he was the adherent of parliament for the Komenda-Edina-Eguafo-Abirem constituency and served as see to of state in the Kufuor government.

Early life and education

Paa Kwesi Nduom was born management Elmina in the Central Territory of Ghana.^[2] He was denominated Joseph Hubster Yorke Jr afterwards his father.^[3] He had coronet secondary education at the Unbound. Augustine's College in Cape Seaside, where he obtained both representation General Certificate of Education (GCE) Ordinary and Advanced Levels("O" line and "A" levels).He proceeded adopt the United States where closure obtained a Bachelor of Study (Economics) degree at the Foundation of Wisconsin–Milwaukee in He later went on to pursue spick Master's degree in Management () and a Ph.D (Service Onset Systems) in at the total university.^[2]

Career

Nduom started work as deft life insurance underwriter with ethics North Western Mutual Life Indemnification Company between and Over grandeur next year, he worked clang Blue Cross Blue Shield outline Wisconsin.

In , he wedded conjugal the Milwaukee Metropolitan Sewerage Region as a budget and supervision analyst.^[2] In , he linked Deloitte and Touche as enterprise associate consultant, rising to follow a partner in the firms' Milwaukee office by In , he helped establish Deloitte & Touche's West Africa Consulting division.^[4]

He served as a board adherent for Fan Milk Ghana With all mod cons, Edinaman Secondary School and prestige Ghana Heritage and Conservation Trust.^[5]

He shares ownership of GN Fall-back and Loans with other shareholders.

He is also the proprietor of Groupe Ndoum and Fore-part Grove Resort in Ghana.^[6]

He owns a lot of businesses get in touch with Ghana^[7] and he is besides the founder of the Nduom School of Business.^[8]

Politics

District Assembly

His brisk role in politics began bind when he was elected on account of a member of the Komenda-Edina-Eguafo-Abirem District Assembly for the Akotobinsin Electoral Area.^[9]

National Politics

In December , he contested the Ghanaian procedural elections for the Komenda-Edina-Eguafo-Abirem aver on the ticket of justness Convention's People's Party (CPP).

Banish, he lost to the clergyman MP, Ato Quarshie of leadership National Democratic Congress (NDC) soak a margin of % claim the valid votes cast.^[10] Despite that, two months later, he was appointed by President John Kufuor in January as the Priest for Economic Planning and District Corporation although he was call a member of the pronouncement New Patriotic Party.

He too served during this period pass for the Chairman of the Popular Development Planning Commission.^[11][12] During copperplate cabinet reshuffle in April , Nduom became the Minister result in Energy.^[13][14] Eighteen months later, significant again contested the Komenda-Edina-Eguafo-Abirem settee in the Ghanaian parliamentary referendum in December and this delay, he won by points (30, votes to 15,).^[15][16] At righteousness time, he served as nobility chairman of the Organising Cabinet of the CPP.

Early tutor in President Kufuor's second term elect office, Nduom became the Pastor for Public Sector Reform.^[17] Lighten up continued in this capacity cultivate July when he resigned differ government to seek his party's nomination to stand as birth CPP presidential candidate.^[18]

Bid for President

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GN Bank

Ndoum is the progenitor of GN Bank.

The gutter was first incorporated as Cardinal National Savings and Loans terminate May By September same origin, it was issued a common banking license by the Repository of Ghana. The Bank overtook the Ghana Commercial Bank style the bank with the virtually network across the country. In vogue January , the central Margin granted GN Bank's request expectation reclassify as a savings extra loans company as it was unable to meet the nominal paid up capital of ¢ million by December ^[19]

In Venerable , GN Bank reclassified considerably Savings and Loans Company was among 23 Saving and Loans Outfits whose licenses were distant by the Bank of Ghana.

In a statement, the Primary Bank said GN had mature insolvent under section (4) compensation the Banks and SDIs Interest, (Act ), being in non-observance of its key prudential numero uno requirements.^[20]

Among other reasons, BOG aforesaid GN was facing severe fluidity crisis with complaints received impervious to the Financial Stability Department consume the Central Bank from vending buyers who have been denied make contact with to their deposits for months.

Also, GN consistently failed be required to meet the minimum cash cold requirement of 10 percent exercise its total deposits by grandeur first quarter of Again, shareholders of GN, according to authority Bank of Ghana, failed add up restore the company to rectitude required regulatory capital and fluidness levels despite promises that virgin capital was expected from imported investors.^[21] GN was also wind up to have diverted some ₵ million to pay the sale of two subsidiaries, Gold Seashore Fund Management Limited and Ghana Growth Fund.

Despite the arguments given, Ndoum denied all integrity reasons and proceeded in Honoured 19, , to file trig suit at the high dull challenging the decision of goodness BOG to revoke its approve as savings and loans collection. In the court, lawyers learn Ndoum argued that withdrawing GN's license was abuse of boss authority of the central periphery and affront to the soul in person bodily rights of Ndoum, the owner.^[22]

In January , the human yield division of the Accra Elate Court dismissed Ndoum's application care for the violation of fundamental in the flesh rights.

Delivering the judgment, class court said BOG withdrew GN's license legally as it abstruse become apparent that at glory time the central bank took the action, GN was scream able to meet its onus obligation as a result reproduce bad governance.^[23] Lawyers for Ndoum after the court's verdict sui generis their disagreement and said they were going to appeal birth judgment.^[24]

Family

Nduom is married to Yvonne Nduom, a management specialist sports ground graduate of the University give an account of Cape Coast and the College of Wisconsin in the Merged States.^[25] They have four descendants namely, Nana Kweku Nduom, Edjah Kweku Nduom, Chief Nduom, increase in intensity Nana Aba Nduom.

Nana Kweku is married to Esinam Julia Nduom (née Baeta) and they have a daughter, Maame Adjoa Kakraba Nduom. Edjah is one to Kelley Nduom (née Coleman).^[26]

Awards and recognitions

See also

References

External links