Charles Adu Boahen

Charles Kofi Adu Boahen is a Ghanaian politician and public servant. He is a member of the New Patriotic Party and was the deputy minister for Finance in Ghana.[1][2][3][4][5] He is the son of Albert Adu Boahen, the New Patriotic Party flagbearer in the 1992 Ghanaian general elections. He was the Minister of State at the Finance Ministry but was dismissed after allegations of corruption.[6][7][8][9]

Charles K. Adu Boahen
Minister of State for Finance
Assumed office
March 2017
PresidentNana Akuffo-Addo
Preceded byCassiel Ato Forson
Personal details
BornGhana
Political partyNew Patriotic Party
Alma materHarvard Business School, University of Southern California, Achimota School
PortfolioFinance

Early life and education

Charles was born to Albert Adu Boahen and Jane Thyra Boahen. Charles has 4 siblings including Kwabena Boahen, a professor of biomedical engineering at Stanford.[10]

He had his BSc in chemical engineering from the University of Southern California. He also had his MBA from Harvard Business School.[11][12] He attended Achimota School, where he obtained his O Levels, and Mfantsipim School, where he had his 'A' Levels.[13]

Career

After schooling, he joined the $400mm AIG African Infrastructure Fund as an investment officer.[14]

He was the director and regional head of corporate and investment banking for SBSA. He was the founder and CEO of Black Star Advisors, Primrose Properties Ghana, an investment bank and asset management firm, a boutique, and a real estate development company.[11] He was the vice president for JP Morgan for over five years and head of investment banking for Sub-Saharan Africa.[15]

Following vetting, Parliament approved his nomination as Minister of State at the Finance Ministry in June 2021.[16]

In November 2022, the President of the Republic of Ghana sacked him from his position as Minister of State on account of corruption related to the illegal mining activities popularly known as "Galamsey" (filmed by investigative journalist Anas Aremeyaw Anas) in Ghana. He was not charged.[17]

In January 2023, his company Black Stars Brokerage certification to operate as a foreign exchange broker by the Bank of Ghana was renewed.[18]

References
  1. "Deputy Ministers". Government of Ghana. Retrieved 2 August 2017.
  2. "Akufo-Addo releases names of 50 deputy and 4 more ministerial nominees". Graphic Ghana. 15 March 2017. Retrieved 2 August 2017.
  3. "List of Akufo-Addo's 50 deputy ministers and four news ministers". Yen Ghana. 15 March 2017. Retrieved 2 August 2017.
  4. "Akufo-Addo names 50 deputies, 4 ministers of state". Cifi FM Online. 15 March 2017. Retrieved 2 August 2017.
  5. "Akufo-Addo picks deputy ministers". Ghana Web. 20 February 2017. Retrieved 2 August 2017.
  6. "COVID-19 cost Ghana GHS21 billion – Charles Adu Boahen". Citinewsroom - Comprehensive News in Ghana. 2021-06-02. Retrieved 2021-06-02.
  7. "'Finance Minister, Charles Adu Boahen benefiting directly from our woes' – Ablakwa". GhanaWeb. 2022-03-24. Retrieved 2022-08-07.
  8. Segbefia, Sedem (2021-11-05). "Investors reassured of strong economy amid Eurobond selloff". The Business & Financial Times. Retrieved 2022-08-07.
  9. "MoMo tax won't affect about 40% of Ghanaians – Adu Boahen". Citinewsroom - Comprehensive News in Ghana. 2021-11-18. Retrieved 2022-08-07.
  10. "Kwabena Boahen". Stanford Profiles. Retrieved 21 March 2023.
  11. "Charles Adu Boahen | Ministry of Finance | Ghana". www.mofep.gov.gh. Retrieved 2020-12-07.
  12. "Confirmed: Akufo-Addo nominates Charles Adu-Boahen as Minister of State at Finance Ministry". Graphic Online. Retrieved 2022-08-07.
  13. "Charles Adu Boahen to be elevated to Minister of State". The Ghana Guardian News. Retrieved 2022-08-07.
  14. "What you didn't know about Charles Adu Boahen". Pulse. Retrieved 21 March 2023.
  15. "Charles Adu Boahen | Ministry of Finance | Ghana". mofep.gov.gh. Retrieved 2022-08-10.
  16. "Parliament approves Charles Adu Boahen, 11 Deputy Ministers". My Joy Daily. Retrieved 27 March 2023.
  17. "Ghana president fires junior finance minister over mining expose". www.aljazeera.com. Retrieved 2022-11-15.
  18. "Charles Adu Boahen's firm among BoG's nine certified forex brokers". GhanaWeb. Retrieved 21 March 2023.


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