Skip to main content

YPO to launch Ghana chapter

Eunice Darko

Young President Organization, (YPO), an international business organization, has announced its intentions to launch a chapter in Ghana by the end of this year. The Ghana chapter will be chaired by Mr. Ashok Mohinani (CEO, MOHINANI GROUP).

The organization provides an opportunity to network with business leaders, already has 17 chapters constituting 450 members in Africa.

Releasing the Global Pulse Index for the last quarter of 2011 in Accra last week, Khusto Mampeule, member of YPO Johannesburg Chapter and the chair of YPO Africa region, said despite challenges in the Eurozone and parts of Asia, economic confidence amongst African CEO’s remains robust.

After declining for three straight quarters, the YPO Global Confidence Index rebounded in the fourth quarter of 2011, climbing 3.2 points to 61.2. According to the repor,t confidence was up in every region except in the Middle East/North Africa, non-EU Europe and Asia.

“It was buoyed by the Americas, where confidence levels jumped more than four points in Canada, USA and Africa run next to L atin America,” the report stated.

For the first time since YPO began measuring CEO sentiment in July 2009, Asia landed below the global reading and the USA came above it.

The YPO Global Pulse Confidence Index combines CEO answers about expected and most recent quarter sales, employee numbers, fixed investment and business conditions. The index is centred on 50. A reading below 50 indicates a negative outlook, while a reading above 50 indicates a positive outlook.

The quarterly electronic survey, conducted in the first two weeks of January 2012, gathered answers from 2,157 CEOs across the globe. The YPO Global Pulse is the only CEO economic sentiment survey to span the globe on a quarterly basis.

YPO is a non profit global network of young CEOs with the aim of becoming better leaders through education and idea exchange. Founded in 1950, YPO provides 19000 peers and their families in more than 110 countries with access to unique experience, world-class resources, alliances with top learning institutions, and specialized networks that help them enhance their business, community and personal leadership.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of