GIPC CEO Mawuena Dumor sacked

President Nana Akufo-Addo has sacked Mawuena Trebarh as CEO of the Ghana Investment Promotion Centre (GIPC) and replaced her with Mr Yoofi Grant.

Mrs Trebarh (nee Dumor) was appointed into that position by the Mahama administration.

Mr Grant is an investment banker with 30 years’ industry experience and has a broad knowledge of African markets.

He was the Executive Director of Databank Private Equity Limited between 2011 and 2012 as well as the Executive Director, Business Development of Data Bank Group from 2009 to 2010.

He was the transaction leader in the execution of a number of dealings including raising capital for Intercontinental Bank, the recapitalisation of Fidelity Bank Ghana, and also served as the lead Manager for UT Financial Services Ltd’s IPO at the time. Mr Grant also co- managed the divestiture of the Government of Uganda’s shares in National Insurance Corporation Limited (Uganda).

He holds a B.Sc (Hons) Psychology from the University of Ghana and studied for an M.Phil degree in Industrial and Organizational Psychology.