Nana Awuah Darko Ampem (1932–2005) was a Ghanaian financier and chief.[1] He was founder and first chairman of Vanguard Assurance and also the Nkosuohene (progress chief) of Asante Juaben.[2][3]
Nana Awuah Darko Ampem I | |
|---|---|
| Born | 1932 |
| Died | 2005 |
| Occupation(s) | Financier, Chief |
| Known for | Founding Vanguard Assurance |
| Spouse | Judith Ellen Awuah- Darko |
| Children | Daniel Awuah-Darko Harold Quarshie Awuah-Darko Kingsley Kwame Awuah-Darko David Awuah-Darko |
Early life edit
Awuah Darko was born in 1932. Awuah Darko attended Accra Academy for secondary education, completing in 1951.[4]
Finance career edit
Nana Awuah Darko Ampem started his career as an insurance broker. In 1969, he established Marine and General Insurance Brokers after studies and working abroad. Marine and General Insurance Brokers was the first insurance brokering firm in Ghana.[5]
In 1972, he was the first president of the Chartered Institute of Insurance Ghana.[6] A law passed in 1972 made it obligatory for all state institutions in Ghana to deal directly with State Insurance Company and not through a broker, bringing Awuah Darko's brokering business to a halt. Compelled by this law, Awuah-Darko started Vanguard Assurance in 1975. Vanguard Assurance is the first indigenous privately owned insurance company in Ghana.[7]
Awuah Darko was a father-figure to many Ghanaian entrepreneurs who were to later come into the insurance industry. A notable example was Kwesi Essel-Koomson of KEK Insurance Brokers, for whom Awuah-Darko had suggested and encouraged to pursue an insurance career.[2] He was the founder and Chairman of the Ghana Leasing Company Limited. In 1990 Awuah Darko was amongst the three founding directors of CAL Merchant Bank.[8]
He led the founding of City Investments Company Limited in 1995, a finance house which was later to be the parent company of Premium Bank after his death.[9] He was a Council member of the Ghana Stock Exchange and a member of the Asanteman Finance Advisory Committee.[10]
Chieftaincy edit
In 1985, the Asantehene first made room for the enstoolment of an Nkosuohene (which means progress chief) in Asante. Following his overlord, the Asantehene's lead, the Juabenhene, Nana Otuo Siriboe selected Nana Awuah Darko Ampem to become the Nkosuohene of Asante Juaben. As a progress chief, he appropriately served as Chairman of the Juaben Rural Bank.[11] Nana Awuah-Darko Ampem was the Chairman of the Juaben Rural Bank from its inception in October 1984 until his death in December 2005. [12]
Sports edit
Nana Awuah Darko Ampem was the first Ghanaian Captain of the Accra Polo Club. In later life, he became a member of the board of trustees of the Accra Polo Club.[13] Nana was also a former Chairman and a life patron of the Ghana Squash Association.[14]
Personal life edit
Nana Awuah Darko Ampem was married to Judith Ellen Awuah-Darko. They had four children.[15]
Awuah Darko died on Sunday 25 November 2005 at the 31 Military Hospital in Accra and was buried on 23 February 2006.[16]
References edit
- ^ Sam, Jojo (11 December 2013). "Nana Awuah-Darko Memorial Lecture held". graphic.com.gh. Retrieved 7 June 2019.
- ^ a b Essel-Koomson, Kwesi (24 February 2006). "Tribute to Nana Awuah Darko Ampem 1, Nkosuohene of Asante Juaben, Chairman of Vanguard Assurance Co.Ltd". Daily Graphic. p. 37. Retrieved 12 June 2019.
- ^ "Retired Supreme Court Judge Is Dead". modernghana.com. GNA. 16 August 2001. Retrieved 7 June 2019.
- ^ Hawkson, Emmanuel Ebo (21 July 2014). "Accra Academy honours four past students". Graphic Online. Retrieved 20 April 2018.
- ^ "History-Ghana Insurance Brokers Association". gibaghana.org. Retrieved 12 August 2019.
- ^ "About-Chartered Institute of Insurance Ghana". ciig.edu.gh. Retrieved 23 June 2019.
- ^ "Awuah Darko Others to be honoured at Eastern Awards". The Statesman. Retrieved 7 June 2019.
- ^ "Remarks by MD at the Commissioning of the CalBank Head Office Building on May 22,2019". calbank.net.
- ^ "Premium Bank starts operating with eye on technology". africabusinesscommunities.com.
- ^ "Board of Directors-Juaben Rural Bank". juabenruralbank.com. Retrieved 23 June 2019.
- ^ Arhin, Kwame (2001). Transformations in Traditional Rule in Ghana. Sedco. ISBN 9964721730. Retrieved 13 June 2019.
- ^ "The Late Nana Awuah-Darko Ampem". juabenruralbank.com. Retrieved 7 June 2019.
- ^ "Nana Darko Ampim Memorial polo on April 4". ghanaweb.com. 30 March 2015. Retrieved 7 June 2019.
- ^ "Memorial Squash Championship held in Accra". citifmonline.com. 12 May 2016. Retrieved 12 June 2019.
- ^ "Mrs.Awuah-Darko Receives Papal Award". jeadfoundation.org. Retrieved 7 June 2019.
- ^ "Obituary: Nana Awuah-Darko Ampem (1932–2005)". The Daily Graphic. Graphic Communications Group. 13 February 2006.