Skip to main content

UPSA Chancellor to set up endowment fund for students

By: Raphael Apetorgbor

The Chancellor of the University of Professional Studies (UPSA), Nene Drolor Bosso AdamteyI has declared the establishment of an endowment fund with an amount of $100,000.00 in his quest to broaden academic and professional excellence.
The fund would be used to support Strategic Leadership Center of the University which would provide sustainable leadership that would further promote economic development of the country.
“A very solid endowment policy will be put in place to strike a balance between providing a predictable and stable stream of revenue for current beneficiaries and increasing the purchasing power of the revenue stream for future beneficiaries,” he said
Speaking at his induction as the maiden Chancellor of UPSA in Accra, he said the fund would contribute to the continuous transformation of the University.
He was optimistic that the fund would contribute to the continued transformation of the university.
Nene Adamtey, known in private life as Dr. Kinsley Fletcher praised the UPSA for the marvelous progress it had made, from an entirely private higher learning centre to a university of choice in business studies in the continent of Africa.
The Chancellor said he would also support an effective internship programme for all students of the university before they graduated.
He encouraged the students to always seek higher academic pursuits and express gratitude all those who played a pivotal role in his appointment. 
He said his vision was to enhance the external visibility of the University and strengthen linkages and collaborations around the globe, declaring that this would expand the scope and presence of their programmes
“My vision to enhance the external visibility of the University and strengthen linkages and collaboration around the globe .This will expand the scope and presence of our programs” he said.
The Vice Chancellor of the UPSA, Professor Joshua Alabi in his remarks, stated that the chancellor had brought to UPSA an impressive record of extensive academic, administrative and leadership experience to lead it, noting that the university stood to benefit immensely.
Nene Drolor Bosso Adamtey I is the Executive Chairman of Fletcher Holdings Limited, Ghana, Fletcher International Services, USA/Ghana, Royal One Company, Ghana, and Asia Hong Kong Holdings in Hong Kong.
He is also the Board Chairman of FirstBanc Financial Services, Ghana; Chairman and CEO, Fletcher Global, Research Triangle Park, North Carolina, USA.
He also served as a special advisor to the Assistant Secretary General and Director of the United Nations Development Programme (UNDP) for Africa.
Additionally, Drolor Adamtey is the former Chairman of TV3 Network, Ghana and serves as an advisor and counsellor to over 2000 global leaders and mentors  around the globe.
He also partnered IBM and other leading technology firms to bring to Ghana and West Africa infrastructure, technology, training and educational opportunities.
The new Chancellor holds a PhD in Education, Philosophy, Theology, as well as a masters degree in Theology.
He is also a visiting professor to a number of universities across the globe.


Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

BoG shuts down two financial institutions

The Bank of Ghana has closed down two financial institutions in the country. This was after the central bank investigation revealed that the two companies were operating without approval.

The two companies were Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment Limited (HFIL).

The Daily Express gathered that the ADFSL was asked to stop operating after the central bank realized the institution had not been licensed to take deposit from the public.

A statement from BoG said the ADFSL continued to operate despite the orders from the Bank of Ghana. It however closed down ADFSL’s operation until further notice.

The Bank of Ghana said that the ADFSL is located at Asufufu, opposite the Sunyani Traditional Council in the Brong Ahafo region.

“The decision to close down ADFSL is in furtherance of section 20(2) (g) of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). Bank of Ghana has investigated ADFSL thoroughly and has concluded that its a…