Nana Awuah Darko Ampem I

Nana Awuah Darko Ampem (1932–2005) was a Ghanaian financier and chief who led private involvement of Ghanaians into the insurance industry of Ghana.[1] Awuah Darko helped in founding many existing notable financial institutions in Ghana including Vanguard Assurance,which remains the only insurance company in the CIMG Hall of fame.He was the Nkosuohene of Asante Juaben.[2]

Nana Awuah Darko Ampem I
Born1932
Died2005
OccupationFinancier, Chief
Known forFounding Vanguard Assurance
Chairman, Juaben Rural Bank
Spouse(s)Judith Ellen Awuah- Darko
ChildrenDaniel Awuah-Darko
Harold Quarshie Awuah-Darko
Kingsley Kwame Awuah-Darko
David Awuah-Darko

Awuah-Darko was the first President of the Chartered Institute of Insurance Ghana.[3]

Early life

Awuah Darko was born in 1932. Awuah Darko attended Accra Academy for secondary education, completing in 1951.[4]

Career

Nana Awuah Darko Ampem started his insurance career as an insurance broker. He established Marine and General Insurance Brokers in 1969 after returning from his studies and working abroad. Marine and General Insurance Brokers was the first insurance brokering firm in Ghana.[5] He was the first president of the Chartered Institute of Insurance Ghana in 1972.[3] In 1972, a law was passed which made it obligatory for all government institutions in Ghana to deal directly with State Insurance Company and not through a broker. This compelled Awuah-Darko to start Vanguard Assurance in 1975. Vanguard Assurance is the first indigenous privately owned insurance company in Ghana.[6] Nana Awuah Darko Ampem was a father-figure to many Ghanaian entrepreneurs who were to later come into the insurance industry. A notable example was Kwesi Essel-Koomson of KEK Insurance Brokers; the largest insurance brokering firm in Ghana, for whom Awuah-Darko suggested and encouraged an insurance career.[7] Awuah-Darko was the founder and Chairman of the Ghana Leasing Company Limited. He served on various Boards amongst which include CAL Bank which he was amongst the three founding directors[8] and City Investment Company Ltd which is now operating as Premium Bank.[9] Awuah-Darko was a Council member of the Ghana Stock Exchange and a member of the Asanteman Finance Advisory Committee.[10]

Chieftaincy

In 1985, the Asantehene first made room for the enstoolment of an Nkosuohene (which means progress chief) in Asante. Following his overlord, the Asantehene's lead, the Juabenhene, Nana Otuo Siriboe selected Nana Awuah Darko Ampem to become the Nkosuohene of Asante Juaben. As a progress chief, he appropriately served as Chairman of the Juaben Rural Bank.[11] Nana Awuah-Darko Ampem was the Chairman of the Juaben Rural Bank from its inception in October 1984 till December 2005. [12]

Sports

Nana Awuah Darko Ampem was the first Ghanaian Captain of the Accra Polo Club. In later life, he became a member of the board of trustees of the Accra Polo Club.[13] Nana was also a former Chairman and a life patron of the Ghana Squash Association.[14]

Personal life and family

Nana Awuah Darko Ampem was married to Judith Ellen Awuah-Darko.[15]

Death

Awuah Darko died on Sunday 25 November 2005 at the 31 Military Hospital in Accra and was buried on 23 February 2006.[16]

References
  1. "Nana Awuah-Darko Memorial Lecture held". graphic.com.gh. Retrieved 7 June 2019.
  2. "Retired Supreme Court Judge Is Dead". modernghana.com. Retrieved 7 June 2019.
  3. "About-Chartered Institute of Insurance Ghana". ciig.edu.gh. Retrieved 23 June 2019.
  4. "Accra Academy honours four past students". Graphic Online. Retrieved 20 April 2018.
  5. "History-Ghana Insurance Brokers Association". gibaghana.org. Retrieved 12 August 2019.
  6. "Awuah Darko Others to be honoured at Eastern Awards". The Statesman. Retrieved 7 June 2019.
  7. Essel-Koomson, Kwesi (24 February 2006). Tribute to Nana Awuah Darko Ampem 1,Nkosuohene of Asante Juaben,Chairman of Vanguard Assurance Co.Ltd. Daily Graphic:Issue 1,49672,page 37b. Retrieved 12 June 2019.
  8. "Remarks by MD at the Commissioning of the CalBank Head Office Building on May 22,2019". calbank.net.
  9. "Premium Bank starts operating with eye on technology". africabusinesscommunities.com.
  10. "Board of Directors-Juaben Rural Bank". juabenruralbank.com. Retrieved 23 June 2019.
  11. Arhin, Kwame (2001). Transformations in Traditional Rule in Ghana. Sedco. ISBN 9964721730. Retrieved 13 June 2019.
  12. "The Late Nana Awuah-Darko Ampem". juabenruralbank.com. Retrieved 7 June 2019.
  13. "Nana Darko Ampim Memorial polo on April 4". ghanaweb.com. Retrieved 7 June 2019.
  14. "Memorial Squash Championship held in Accra". citifmonline.com. Retrieved 12 June 2019.
  15. "Mrs.Awuah-Darko Receives Papal Award". jeadfoundation.org. Retrieved 7 June 2019.
  16. "Obituary: Nana Awuah-Darko Ampem (1932–2005)". The Daily Graphic. Graphic Communications Group. 13 February 2006.
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