Mr. Prince Kofi Amoabeng (Co-Founder, UT GROUP)

Mr. Kofi Amoabeng

Mr. Prince Kofi Amoabeng is the Chief Executive Officer of UT Bank and co-founder of the UT Group of companies. He is an investment consultant and a retired military officer (Captain). He is the president of UT Holdings. He was born at Bososo on the 22nd February 1952 in the Eastern Region of Ghana. He traces his ethnic roots to his matrilineal hometown of Kukurantumi, also in the Eastern Region of Ghana.

He attended Adisadel College in Cape Coast after passing his Common Entrance examination at Penworth Preparatory School, a boarding institution for boys in Accra, in 1964, and completed his sixth form at St. Peter’s Secondary School at Akwatia.

He attended the University of Ghana, Legon, where he obtained a 2nd class upper in Administration with an Accounting major. Mr. Kofi  Amoabeng entered the Military Academy in Accra in April 1975, and was commissioned as a Lieutenant by November. While in the army, Kofi won a scholarship from the Ministry of Defence to study the Royal Army Pay Corps course in Cost and Management Accountancy in Winchester, UK. He passed out after a year and a half and returned home. Mr. Amoabeng left the army in May 1982 on principle. This was six months after the return of the country to military rule as this was against everything he stood for. He is a fellow of the Chartered Institute of Management Accountants (CIMA-UK) and a member of Chartered Accountants CA (GH).

He has extensive experience in managing businesses through excellent customer relations, strategic and tactical business planning as well as strategic partnerships including 12 years lecturing at the Ghana Stock Exchange. His achievements include three times running “Ghana’s Most Respected CEO (2008, 2010 and 2012) organized by Pricewaterhousecoopers and B&FT.

He is Ghana’s Johnny Walker Giant; Overall Best Entrepreneur in the Maiden Ghana Entrepreneurs Award (2011); No. 3 in the 100 most influential Ghanaians as compiled by ETV, Ghana (2012) as well as the joint finalist with his partner in the Ernst & Young West Africa Entrepreneur of the Year Award (2011). National Honours for an Order of the Star of the Volta- Officer’s Division presented by the President of Ghana in 2008 and one of two Ghanaians profiled in Moky Makura’s book on Africa’s greatest entrepreneurs which profiles 16 of Africa’s top entrepreneurs and Marketing Man of the Year 2006.

Mr. Amoabeng is a member of the Board of Directors of the Ghana Interbank Payment Settlement System (GHIPSS), Chairman of the Council of Enablis Ghana (Canadian Entrepreneurial NGO) and member of the International Advisory Board of China Europe International Business School (CEIBS), in Ghana.