# Asare Akuffo

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**Asare Akuffo** is a [Ghanaian](/source/Ghanaian) accountant, banker and entrepreneur.[1] He is the former [managing director](/source/Managing_director) of [Home Finance Company](/source/Home_Finance_Company), now Republic bank a pioneer bank in the housing finance industry.[2][3] He is the president of the [Private Enterprise Foundation](/source/Private_Enterprise_Foundation), the [umbrella body](/source/Umbrella_body) of businesses in Ghana.[4][5][6][7]

## Educational life

Akuffo holds a degree in Administration from the [University of Ghana](/source/University_of_Ghana) and a certificate in Housing Finance from the [University of Pennsylvania](/source/University_of_Pennsylvania). He is a Chartered Accountant and member of the Institute of Chartered Accountants, Ghana.[5] He attended Swedru Secondary School.

## Religion

Akuffo was a staunch Presbyterian and worships with Covenant Presbyterian Church of Ghana Dzorwulu. He served as a senior presbyter of the Covenant Presbyterian Church of Ghana, Dzorwulu.

## Personal life

Dr Asare Akuffo is married to Mrs Asare Akuffo and are blessed with three children.

On June 3, 2019, he was reported dead.[8]

## Professional life

Having worked as an investment manager at the [Social Security and National Insurance Trust](/source/Social_Security_and_National_Insurance_Trust), Akuffo joined [Home Finance Company](/source/Home_Finance_Company) as a member of the pioneer management team in 1990. He was appointed Finance Director in 1995 and later the Deputy Managing Director in 2003 when HFC converted to a bank. From the 1990s he had oversight over the investment-banking arm of the company with asserts of over 250 million [cedis](/source/Ghana_cedi). In 2005 he was made the managing director of HFC Bank Ghana Limited.[1]

## Executive positions

Akuffo was elected president of the [Ghana Association of Bankers](/source/Ghana_Association_of_Bankers). During his presidency, he aided the setting up of the Banking and Finance Chair at the KNUST School of Business with an annual sponsorship of [US$](/source/US$)20,000 for research and development activities and developed the Annual Business Plan competition for students of the KNUST School of Business.[5]

In 2013 he served on various executive and non-executive positions in public and private institutions. They include the National Partnership for Children's Trust, the Ghana Union Assurance Life Company, the [Student Loan Trust](/source/Student_Loan_Trust), the African Union for Housing Finance, [Ghana Interbank Payment and Settlement Systems Limited](/source/Ghana_Interbank_Payment_and_Settlement_Systems) and KNUST Centre for Business Development. He is the current President of the Private Enterprise Foundation, the umbrella body of businesses in Ghana.[5] He is the lead advocate for Ghanaian business.[9]

## Honours

In 2009 he was elected as the President of the Governing Council of the Private Enterprise Foundation.[10] The Governing Council of Private Enterprise Foundation is an authority body made up of representatives of all the major corporate institutions in the Ghana.[4][6] On 18 December 2013, the [Kwame Nkrumah University of Science and Technology](/source/Kwame_Nkrumah_University_of_Science_and_Technology) conferred an honorary doctor of letters on him.[1][11] 2015 he grabs lifetime achievement award[12] The Private Enterprise Federation (PEF) honours Asare Akuffo for his excellence in leadership and efficient performance which had made the federation stronger as the pivotal voice of the private sector[13]

## References

1. ["KNUST honours Asare Akuffo"](http://graphic.com.gh/business/business-news/14394-knust-honours-asare-akuffo.html). *[Daily Graphic](/source/Daily_Graphic_(Ghana))*. Retrieved 17 March 2014.

1. ["Bank of Trinidad has not taken over HFC bank"](http://ghananewsagency.org/economics/bank-of-trinidad-has-not-taken-over-hfc-bank-asare-akuffo-59669). ghananewsagency.org/. Retrieved 17 March 2014.

1. ["BoG erred on microfinance – HFC boss"](http://www.myjoyonline.com/business/2014/March-17th/bog-erred-on-microfinance-hfc-boss.php). myjoyonline.com. Retrieved 17 March 2014.

1. ["PEF elects new president"](https://web.archive.org/web/20140322043107/http://business.myjoyonline.com/pages/news/200909/35760.php). myjoyonline.com. Archived from [the original](http://business.myjoyonline.com/pages/news/200909/35760.php) on 22 March 2014. Retrieved 21 March 2014.

1. ["Asare Akuffo named MD of HFC Bank"](http://www.modernghana.com/news/81003/1/asare-akuffo-named-md-of-hfc-bank.html). modernghana.com. Retrieved 17 March 2014.

1. ["PEF Gets New President"](http://ghanavoices.wordpress.com/tag/asare-akuffo/). ghanavoices.wordpress.com. Retrieved 17 March 2014.

1. ["NEW EXECUTIVES OF PEF TO REORGANIZE THE FOUNDATIO"](https://web.archive.org/web/20140322001549/http://calbrokersghana.com/site/newsandevents/details.php?id=161). calbrokersghana.com. Archived from [the original](http://calbrokersghana.com/site/newsandevents/details.php?id=161) on 22 March 2014. Retrieved 21 March 2014.

1. ["Former Republic Bank MD Asare Akuffo passes on"](https://citibusinessnews.com/former-hfc-bank-md-asare-akufo-passes-on/). *Citi Business News*. 2019-06-03. Retrieved 2019-06-03.

1. ["Government will continue to ‘tame’ inflation – President Mahama"](http://vibeghana.com/2012/08/06/government-will-continue-to-tame-inflation-president-mahama/). vibeghana.com. Retrieved 25 March 2014.

1. ["Need to build a strong private sector advocated"](http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=188137). ghanaweb.com. Retrieved 21 March 2014.

1. ["KNUST Honours Asare Akuffo"](https://web.archive.org/web/20140317195336/http://cbd.knust.edu.gh/pages/index.php?siteid=cbd&page=gallery&gid=honour). cbd.knust.edu.gh. Archived from [the original](http://cbd.knust.edu.gh/pages/index.php?siteid=cbd&page=gallery&gid=honour) on 17 March 2014. Retrieved 17 March 2014.

1. ["Lifetime achievement award"](https://www.myjoyonline.com/asare-akuffo-grabs-lifetime-achievement-award/). myjoyonline.com. 4 September 2015. Retrieved 18 March 2022.

1. ["PEF honours Asare Akuffo"](https://web.archive.org/web/20220318051349/https://www.thefinderonline.com/art-entertainment/item/6221-pef-honours-asare-akuffo). *www.thefinderonline.com*. Archived from [the original](https://www.thefinderonline.com/art-entertainment/item/6221-pef-honours-asare-akuffo) on March 18, 2022. Retrieved 18 March 2022.

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Adapted from the Wikipedia article [Asare Akuffo](https://en.wikipedia.org/wiki/Asare_Akuffo) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Asare_Akuffo?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.