ABENA AMOAH
Managing Director, Ghana Stock Exchange

Abena Amoah is the first female Managing Director of the Ghana Stock Exchange, appointed by the Exchange’s Council on November 24, 2022. The Exchange was set up to provide the facilities and framework to the public for the purchase and sales of bonds, shares, and other securities.They also control the granting of quotations on the securities market in respect of bonds, shares, and other securities of any company, corporation, government, municipality, local authority, or other corporate body.

Furthermore, they function to regulate the dealings of members with their clients and other members, and co-operate with associations of stockbrokers and Stock Exchanges in other countries.

“For us at the Ghana Stock Exchange, running the Ghana fixed income market, our interest is to bring stakeholders to the table that enables or facilitates the access to capital by entrepreneurs looking for these opportunities, and viable investment opportunities for pension funds looking for projects to invest in.” Abena stated at an institutional investor roundtable.

Amoah joined the Exchange as Deputy Managing Director on August 1, 2020, and has been in the capital market industry over the past 24 years. She is highly respected for her technical knowledge, business acumen, outstanding professionalism, and integrity.

Abena Amoah is an accomplished investment banker and capital markets expert who has led many landmark transactions for over 24 years. Her experience covers stock market listings and trading, mergers and acquisitions advisory, investment research, asset management to mention a few.

She has served on boards of companies – publicly listed, private and not-for-profit, and has been an advisor to the Government of Ghana and financial sector regulators in West Africa on the deepening of financial markets, and is highly respected in her industry for her outstanding professionalism and integrity. Abena started her career as an investment analyst and stockbroker, growing to build and lead top investment banks in Ghana.

She has previously worked with the BlackIvy Group LLC, where she led development of the 400-acre WestPark Industrial Park at Shama in the Western Region; Renaissance Group, where she was CEO of NewWorld Renaissance Securities Ltd and Head of Investment Banking & Finance in West Africa (ex-Nigeria) for Renaissance Capital; and Strategic African Securities Ltd, where she was the Executive Director of the company.

In one of her granted interviews when asked to what extent diversification of investment products can improve market confidence, she responded saying diversifying investment portfolios across various asset classes will enable investors to reduce their exposure to specific risks associated with individual securities. For her, this risk mitigation strategy attracts more cautious investors who prefer balanced portfolios, thus increasing overall market participation and liquidity.
“Diversified investment products attract a wider range of market participants, including individuals, institutional investors and traders” she said.

Abena is an alumna of the University of Ghana Business School and has also undertaken academic and leadership studies at the Stanford Graduate School of Business, Harvard Business School and the University of Denver’s Daniels College of Business, all in the USA.

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