Kweku Ampromfi has been appointed as the Group CEO of McDan Group of Companies, effective from August 1, 2023.

0

He assumes this leadership role, succeeding the founder of the group, Dr. Daniel McKorley, a prominent businessman, freight forwarding specialist, and multiple award-winning entrepreneur. Dr. Daniel McKorley has transitioned to the position of Chairman of the group.

1

Kweku Ampromfi brings an extensive background in finance, investment, strategic management, and global business dynamics. He boasts over two decades of experience across various industries in Africa and North America.

2

Prior to this appointment, Kweku Ampromfi held the position of Founder, President, and CEO at Ampromfi Group. This investment and management consulting firm specializes in addressing the unique challenges faced by both the private and public sectors in Africa. His leadership at Ampromfi Group has facilitated the provision of superior corporate finance solutions, resulting in the origination, structuring, and execution of intricate financial solutions, collectively raising over GH¢2.5 billion.

3

His expertise in leadership, strategic management, and negotiation has enabled him to cultivate strong relationships with major international partners in the global finance arena. This network provides access to essential financing for prominent public and private sector entities across sectors like Power & Energy, Mining, Infrastructure, Construction, Oil & Gas, Media, Manufacturing, Logistics, and Agriculture.

4

With his deep-rooted industry expertise, Kweku Ampromfi has been instrumental in arranging and advising on various funding channels. He has facilitated debt, equity, re-financing, bridge funding, and capital-raising structures for projects, leveraging Development Finance Institutions, Sovereign Wealth Funds, Private Equity Funds, Commercial Banks, and Export Credit Agencies.

5

His professional journey also includes founding GoGoHealth, a software startup in Atlanta, Georgia, USA, focused on web and mobile platform solutions for disease diagnosis. Additionally, he served as a Project Manager and Consultant for Infosys Technologies, a major IT services company serving Fortune 500 companies. At Infosys, he led teams in various technological projects.

6

Kweku Ampromfi's credentials encompass a role as a former Research Associate at Harvard Business School, where he specialized in statistical analysis of stock options and grants for Fortune 500 executives. He has also served as a US Federal Grant Reviewer, Radio Talk Show Host, and Executive Director of Leaders of Tomorrow Foundation, offering technical assistance to USAID.

7

His academic background includes a Bachelor of Science degree in Mathematics from Kwame Nkrumah University of Science and Technology. He further pursued studies at Harvard University.

8

Kweku Ampromfi expressed his gratitude for the confidence placed in him by the Group Chairman and recognized the substantial task ahead. He pledged to collaborate with the team to elevate McDan Group of Companies in alignment with the company's vision – to become a prominent name and a leading provider of Mining, Logistics, and Private Aviation in Africa.

9

Group Chairman Dr. Daniel McKorley affirmed his dedication to supporting Kweku Ampromfi and the team in advancing the group's vision. He emphasized his commitment to listing Electrochem, a significant salt company located in Ada and the largest in Africa, on the stock market. This move aims to provide every Ghanaian investor with an opportunity to engage in this noteworthy investment, thereby fostering job creation and economic growth within the local community.

10

11