Felix Elvis Addo (born 1955) is a Ghanaian business executive and
certified public accountant
Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United Sta ...
. He is the non-executive chairman of
Guinness Ghana Breweries, since 2018. Before this role, Addo was chairman of the
Ghana National Petroleum Corporation
The Ghana National Petroleum Corporation (GNPC) is the state agency responsible for the exploration, licensing, and distribution of petroleum-related activities in Ghana.
History
The corporation was established in 1983 to replace the Petroleum ...
.
Addo is a former Country Senior Partner for
PriceWaterhouseCoopers in
Ghana and former member of the PwC Africa Governance Board.
Early life and education
Felix Addo was educated at
Accra Academy
Accra Academy is a Non-denominational Christianity, non-denominational Day School, day and Boarding School, boarding Single-sex education, boys' school. It is located at Bubuashie near Kaneshie in the Greater Accra Region. The school was establishe ...
for his secondary education from 1968 to 1975. He took a bachelor's degree in Business Administration (accounting option) from the
University of Ghana Business School and went on to graduate from
Loyola College, Maryland
Loyola University Maryland is a private Jesuit university in Baltimore, Maryland. Established as Loyola College in Maryland by John Early and eight other members of the Society of Jesus in 1852, it is the ninth-oldest Jesuit college in the U ...
with a Masters in Professional Accounting.
Career
Felix Addo was employed as a senior manager at Pricewaterhouse Ghana in 1995 and joined
PricewaterhouseCoopers (PwC) as a partner in 1997 after a reorganisation. He become Country Senior Partner of PwC in
Ghana in July 2009. He retired from this role and as a member of the PwC Africa governance board in August 2015. Addo worked on the
privatisation
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
on
Ashanti Goldfields Corporation
The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. Dur ...
and also
Ghana Commercial Bank
GCB Bank Limited formally known as ''Ghana Commercial Bank'' is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits. In August 2017, the Bank of Ghana, the nation's cen ...
during his time at PwC. He also served as transaction advisor to the Government of Ghana on acquisition of the
Volta Aluminium Company
Volta Aluminum Company, known as VALCO, is an aluminium company based in Tema, Greater Accra Region founded by Kaiser Aluminum and now wholly owned by the government of Ghana.
History
VALCO was a joint venture with Kaiser Aluminum and ALCOA, ma ...
.
Addo was a member of the Business Law Reform Committee of Experts chaired by
Samuel Date-Bah
Samuel Kofi Date-Bah (August 26, 1943) is an academic and a former Supreme court, Supreme Court Judge in Ghana and the Gambia.
Early life and education
Justice Professor Samuel Date-Bah was born on February 26, 1943, in Ghana. He entered Achimot ...
that reviewed the Ghana Companies Act and the Bodies Corporate (Official Liquidation) Act.
In 2014, Addo was named a member of an independent advisory council of Kosmos Energy Ghana, a subsidiary of
Kosmos Energy
Kosmos Energy is an American upstream oil company founded and based in Dallas, Texas. While previously incorporated in Bermuda, Kosmos has reincorporated in Delaware. The company holds production and development operations offshore Ghana, Equato ...
. From February 2016 to January 2017, Addo was
chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of the board at the
Ghana National Petroleum Corporation
The Ghana National Petroleum Corporation (GNPC) is the state agency responsible for the exploration, licensing, and distribution of petroleum-related activities in Ghana.
History
The corporation was established in 1983 to replace the Petroleum ...
. In 2016, he was made a director of KEK Insurance Brokers and is currently chairman of the board. In January 2018, Addo was named alongside
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 ...
by Ghanaian fintech company, Payswitch, unto a four-member board of directors; with two company executives as other board members.
In September 2018, Guinness Ghana named Addo as non-executive chairman of the company.
Prior to this, he had been serving as a non-executive director of the company since January 2017. He became the first Ghanaian to chair Guinness Ghana's (GGBL) board since the merger between Guinness Ghana Limited (GGL) and Ghana Brewery Limited (GBL) in 2004.
Addo served on the board of
Standard Chartered Bank Ghana from August 2015 to June 2019. In 2019, he was appointed by the
Governor of the Bank of Ghana as an Advisor to the
National Investment Bank to lead a restructuring process.
In February 2021, Addo was elected to the board of Scancom PLC (MTN Ghana).
In April 2021, Addo was appointed as administrator of insolvent United Steel Company for liquidation.
Other activities
Addo is the founding president of the Ghana Association Restructuring and Insolvency Advisors (GARIA).
Addo is also Chairman Emeritus of AIESEC Ghana – one of the world's largest non-profit, youth-run organisations.
Addo is a Corporate Executive-in-Residence at the Department of Accounting of the
University of Ghana. He is also a member of the Advisory Council of the University of Ghana's College of Education.
He is the Vice President of the Ghana-America Chamber of Commerce.
Memberships
He has membership of the Institute of Chartered Accountants, Ghana; Institute of Chartered Accountants-Sierra Leone and the American Institute of Certified Public Accountants. He is also the President of the Ghana Association of Restructuring and Insolvency Advisors.
References
External links
Felix Addo on ''
Bloomberg''
Felix Addoon ''
Reuters''
{{DEFAULTSORT:Addo, Felix E.
Living people
Ghanaian businesspeople
1955 births