Daniel Wilson Kodwo Addo is a Ghanaian banker who is managing director of CBG. He was appointed to this position in August 2018 after formation of the bank in a merger of five distressed banks in Ghana by the

Bank of Ghana The Bank of Ghana ( BoG) is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of thAlliance for Financial Inclusion History The Central Ba ...

in the 2018 Ghana banking sector clean-up. He was formerly an Executive Director of

First Atlantic Bank First Atlantic Bank is a universal bank in Ghana. It is licensed as a commercial bank, by the Bank of Ghana, the central bank and national banking regulator. Location The bank headquarters are located at 1 Seventh Avenue, Ridge West, in Accra ...

Early life

Daniel Addo was educated at

Accra Academy Accra Academy is a non-denominational day and boarding boys' school. It is located at Bubuashie near Kaneshie in the Greater Accra Region. The school was established as a private secondary educational institution in 1931 and gained the status of a ...

and the Institute of Professional Studies in Accra where he graduated in accounting in 1990. The following year he joined the offices of KPMG in Ghana and trained as an accountant. Addo obtained membership of the

Institute of Chartered Accountants of Ghana Institute of Chartered Accountants, Ghana is a professional accountancy organisation. It is the sole such organisation in Ghana with the right to award the Chartered Accountant designation, and with the right to regulate the accountancy profes ...

and received an MBA in Finance from

Manchester Business School Alliance Manchester Business School (Alliance MBS) is the business school of the University of Manchester in Manchester, England. One of the most prestigious business schools in the United Kingdom, it is also the second oldest in the UK, and pro ...

after studies there between 2000 and 2002.

Career

Addo was employed at

Standard Chartered Bank Ghana Standard Chartered Ghana (officially Standard Chartered Bank Ghana PLC (SCB.GH)) is a banking and financial services company in Ghana, and an 80% subsidiary of Standard Chartered. They are listed on the stock index of the Ghana Stock Exchange ...

from 2003 to 2004 when he switched to work for UBA Ghana. He was made the divisional head for corporate and energy banking on joining UBA Ghana in October 2004. In January 2009, he was promoted to the position of executive director, Wholesale and Retail Banking. In February 2011, he was appointed as deputy managing director of UBA Ghana, and a year later in the same month, moved to UBA Tanzania as managing director. In July 2013, Addo returned to Ghana as an executive director of

then under the management of former UBA Plc C.E.O. Gabriel Edgal. Addo's last role within UBA before exiting the banking group was as managing director of UBA Tanzania from February 2012 to June 2013. At First Atlantic, Addo was in charge of business development. Addo helped the bank expand by opening up new branches within Ghana. In 2016, Addo joined Gabriel Edgal as a partner at Oakwood Green Capital when Edgal ended his role at First Atlantic. In August 2018, Addo was announced to become the managing director of CBG. This made him chief executive of Ghana's second largest commercial bank by branch networks. He is the bank's first managing director.

Boards

Addo is a non-executive director of real-estate company, Mobus Property, which has

Sam Jonah Samuel Esson Jonah (born 19 November 1949) is a Ghanaian businessman and the current chancellor of the University of Cape Coast. He is the executive chairman of Jonah Capital, an equity fund based in Johannesburg, South Africa. Jonah was previou ...

as executive chairman. He also sits on the board of insurance group, Hollard Ghana Holdings and its subsidiary Hollard Insurance.

References

Living people Year of birth missing (living people) Alumni of the Accra Academy Alumni of the Manchester Business School Ghanaian bankers {{Ghana-bio-stub