The Board of Directors


Dr Maxwell Opoku-Afari


Mrs. Caroline Otoo holds an LLB (Hons), BL and Advanced Diploma in Legislative Drafting. She is currently an Assistant Director and Secretary to the Bank of Ghana. Prior to her current appointment at Bank of Ghana, she served as the Head of the Legal Department of the Central Bank.

Mr. Maxwell Ribeiro 


Mr. Kwasi Debrah

Mr. Kofi S. Yamoah is the Managing Director of the Ghana Stock Exchange and holds a B.Sc. Administration (Accounting Option) degree from the University of Ghana, an executive MBA degree and the China Europe International Business School and the ICA (Ghana) professional certificate. He is a chartered accountant and an investment banker by profession. His career with the Exchange which dates back to December 1990 has seen him serve as the Presiding Officer on the Trading Floor, Financial Controller, Head of Listings and General Manager. He was appointed the Managing Director of the Exchange in April 2003.

Mr. Ekow Afedzie is currently the Deputy Managing Director of the Ghana Stock Exchange. He was educated at the University of Ghana, Legon, Ghana where he obtained a Master's Degree in Business Administration, (MBA) and a Master of Arts degree (MA) in Economic Policy Management. He is also a member of the Chartered Institute of Marketing, Ghana. He joined the Ghana Stock Exchange in 1990 when it was established and has served as the Head of Marketing, Research and Systems, then the General Manager before becoming the Deputy Managing Director of the Exchange and a member of its Council or Board.

Mr. Ekow Afedzie has been one of the strong pillars behind the growing success of the Ghana Stock Exchange. He is experienced in stock market operations and has participated in many international conferences on Stock Market issues. He has also made contributions to local and international research on stock markets, and presented papers on stock market operations at many local and international fora. Mr. Afedzie was the Project Manager for the automation of the Ghana Stock Exchange and he is currently the Co-ordinator of the Secretariat for Integration of West Africa Capital Markets.

He is the immediate past Vice President of the African Securities Exchanges Association (ASEA) and currently a member of the Executive Committee of ASEA. He serves on the Board of the Central Securities Depository (CSD) Ghana Ltd. as well as a member of the Ghana Alternative Market (GAX) Governing Committee and University of Ghana Business School Management Committee.

Mr. Yao A. Abalo is the Acting Chief Executive Officer of the Depository. He previously worked with the Bank of Ghana in various capacities, including Director of External Financial Relation, Director of Risk Management, Head of Treasury and Advisor in the Governor's Department.