Ken Ofori-Atta ’88, who has served as Ghana’s finance minister since January 2017, was named African Finance Minister of the Year at the 2018 African Banker Awards on May 22, according to the Accra-based, state-owned newspaper the Daily Graphic.
The award was presented at the annual African Development Bank meeting in Busan, South Korea. It recognizes “the African minister of finance who has carried through prudent macroeconomic policies and, through reforms and his or her actions, has shown skill and dexterity to create the conditions of an appealing investment climate.”
According to the Daily Graphic, confidence in Ghana’s economy has risen sharply during Ofori-Atta’s term. A recent bond issue was oversubscribed.
A former banker at Morgan Stanley and Salomon Brothers, Ofori-Atta returned to Ghana in 1990 to found the financial services firm Databank. He led the company until his retirement in 2012.
In 2010, Yale SOM named Ofori-Atta a Donaldson Fellow, recognizing him as an alumnus who exemplifies the school’s mission to educate leaders for business and society.