The Council of the Ghana Stock Exchange (Exchange) has announced the appointment of Mr. Frank Yoofi Mensa Berle as the Deputy Managing Director of the Exchange.

The Deputy Managing Director of the Exchange will be responsible for providing leadership and strategic direction to the various operational departments of the Exchange.

Prior to this appointment, Mr. Frank Yoofi Mensa Berle was the Head of Finance and Administration. Since joining the Exchange in January 2004, Frank has held diverse roles covering various areas including finance, operations, administration, recruitment & human capital management, surveillance, and clearing & settlement.

A chartered accountant by profession, Frank has additional chartered qualifications in taxation, financial economics, and wealth management. Mr. Frank Yoofi Mensa Berle is a Fellow of the Chartered Institute of Taxation, Ghana; a member of the Institute of Chartered Accountants, Ghana; Association of Certified Chartered Economics, USA: Global Academy of Finance & Management, USA; and the Chartered Institute of Management Accountants (CIMA), UK.

Mr. Frank Yoofi Mensa Berle is also a Chartered Global Management Accountant (CGMA) with the Association of International Certified Professional Accountants (AICPA).

Frank holds a Master of Philosophy degree in Economics and a Bachelor of Commerce degree, done concurrently with Diploma in Education, all from the University of Cape Coast.

GSE Undergoing Demutualization

Mr. Frank Yoofi Mensa Berle is taking up this role at a time when the Exchange is undergoing demutualization, a strategic direction that will result in the Exchange becoming a limited liability company.

In a statement, the Council wished him well and looks forward to his invaluable contribution to the growth of the Exchange and the success of its transitional journey.

Mr. Frank Yoofi Mensa Berle will team up with the Managing Director Ms Abena Amoah to try and make the local bourse return to it’s glory days.

The Ghana Stock Exchange (GSE) was established in November 1990 with the mission to provide an efficient securities market for national economic development through access to capital and investment. Since then, GSE has facilitated the mobilization of long- term capital by corporate bodies, businesses, and the government, and provided a reliable platform for the trading of issued securities.

There are three markets created under the GSE brand: the Main Market; Ghana Alternative Market (GAX) for SME’s and Ghana Fixed Income Market (GFIM) for trading of govemment and corporate bonds.