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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.

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