Charles Adu-Boahen replaces Ken Ofori-Atta at Finance Ministry

17/02/2021

President Nana Addo Dankwa Akufo-Addo has named former Deputy Minister of Finance, Mr Charles Adu-Boahen as his new representative at the Ministry of Finance following Mr Ken Ofori Atta’s travel outside of Ghana for medical care.

Mr Adu-Boahen is to replace his immediate past boss, Mr Ken Ofori-Atta, who is currently in the United States of America (USA) for medical review of Covid-19 complications.

Until his trip to USA for the treatment, Mr Ofori-Atta was the President’s representative at the ministry pending his own vetting by Parliament, which has since been postponed.

A letter from the Chief of Staff, Mrs Frema Osei Opare, said “pending the absence of the president’s representative at the Ministry of Finance, Ken Ofori-Atta, I am directed by H.E. the President to request that you [Adu-Boahen] act as his representative in the Ministry.”

“This directive is in accordance with section 14 (5) of the Presidential (Transition) Act, Act 845, (2021).”

“You are to take note of the provision of section 14 (5) which states that you; shall not take a decision involving a policy issue. Also, you are to act in accordance with letter no. SCR/DA555/01 dated 21 December, 2020 which gives directives on financial commitments, recruitments among others,” the Chief of Staff’s letter dated February 15 said.

An investment banker, Mr Adu-Boahen was one of the deputy’s to Mr Ofori-Atta from 2017 to January 6, 2021, with specific focus on banking and finance.

Prior to his appointment in 2017, he was the CEO of Black Star Advisors (BSA) and had also worked with Standard Chartered Bank as Vice President and Head of Investment Banking for Sub-Saharan Africa and JP Morgan as Senior Representative for Nigeria.

He holds an MBA from the Harvard Business School and a BSc in Chemical Engineering from the University of Southern Carolina in the USA.

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