Prince Kofi Amoabeng


Prince Kofi Amoabeng, born in Ghana, is the Chief Executive Officer of UT Bank and the President of UT Holdings.

He is a retired military officer (Captain) and an investment consultant.

He graduated from the University of Ghana Business School with a BSc Admin (Accounting).

He is a fellow of the Chartered Institute of Management Accountants (CIMA-UK) and a member of Chartered Accountants CA (GH).

He attended Adisadel College in Cape Coast after passing his Common Entrance examination at Penworth Preparatory School, a boarding institution for boys in Accra and completed his sixth form at St Peter’s Secondary School at Akwatia.

He attended the University of Ghana, Legon, where he obtained a 2nd class upper in Administration with an Accounting major.

Amoabeng entered the Military Academy in Accra in April 1975, and was commissioned as a Lieutenant by November.

While in the army, Kofi won a scholarship from the Ministry of Defence to study the Royal Army Pay Corps course in Cost and Management Accountancy in Winchester, UK.

Amoabeng ventured into various enterprises; Opayesco Wood Processing Co Ltd, K K Power & Co ltd, P. K. Amoabeng Enterprise Ltd, Schiewer Gh. Ltd.

He also made time to run a consulting firm, Jam Haus, he was an excellent teacher at the Ghana Stock Exchange

Amoabeng business endeavors include oil procurement and he facilitating the entry of the French petroleum company Elf into Ghana.

In 1997, he conceptualized the idea of setting up a finance house to provide timely and appropriate finance for businessmen like himself who found it almost impossible to get such assistance from the traditional banking sector.

Amoabeng and with co-founder and Chairman of the company, Joseph Nsonamoah, registered the company initially as Best Financial Services, and then later, upon advice from the Bank of Ghana, changed the name to Unique Trust Financial Services (now UT Bank).

Amoabeng achievements include:

Lifetime Achievement for Innovation in Africa, 2013

Johnnie Walker Giant, 2012. A global Walk With Giants campaign

Overall Best Entrepreneur in the Maiden Ghana Entrepreneurs Award (2011)

One of two Ghanaians profiled in Moky Makura’s book on Africa’s Greatest Entrepreneurs which profiles 16 of Africa’s top entrepreneurs

Three times running Ghana’s Most Respected CEO for 2008/2010/2012.

National Honours for an Order of the Star of the Volta- Officer’s Division presented by the President of Ghana in 2008.

Marketing Man of the Year 2006

Amoabeng is a member of the Board of Directors of the Ghana Interbank Payment Settlement System (GHIPSS), a member of the Council of Enablis Ghana (Canadian Entrepreneurial NGO) and a member of the International Advisory Board of China Europe International Business School (CEIBS) in Ghana.



About Author

Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email:

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