The Chief Executive of the Ghana Bankers Association, Daniel Ato Kwamina Mensah, is dead.

Sources tell JoyBusiness the sad event occurred on Friday after a short illness.

A notice to members of the Association from its president Alhassan Andani said:

It is with a heavy heart and deep sorry that I on behalf of the Family of Mr D. K Mensah announce the passing of our beloved colleague.
The sad event happened yesterday (Friday )
I have on behalf of council spoken to Mrs Mensah and his son Eugene Mensah to convey our condolences and assurance of support to the family during this difficult time.
Let us all remember DK and his family in our prayers.

Late D.K Mensah and the Ghana Bankers Association

The Ghana Bankers Association recently announced that he was set to retire this year after years of service with the Association.

As the CEO of the Association, he was responsible for the day to day management of its Secretariat and is the liaison between all licensed banks and all other external institutions including the West African Bankers Association, government and the Bank of Ghana.

He has over the years initiated thought leadership activities to support efforts of the banking industry in shaping Ghana’s economy.

Following his decision to retire, the Association then appointed former Chief Executive of UMB, John Awuah as the Deputy Chief Executive, who will eventually take over when Mr D.K. Mensah retires.

D.K Mensah and the Banking Industry

Daniel Ato Kwamina Mensah has been in the banking industry since 1985.

He previously worked as an Educationist, during which period he taught at the various levels of the educational structure (primary, secondary and tertiary levels).

Daniel Ato Kwamina Mensah held a B.A (Hons) degree in Economics with Political Science from the University of Ghana, an MSc (Econs) degree in International Trade and Finance from the University of Ibadan and an MBA degree from the Ghana Institute of Management and Public Administration (GIMPA).

He was a Member of the Chartered Institute of Marketing, Ghana and a Fellow of both the Chartered Institute of Bankers (FCIB)

He has also chaired several boards including :

• President, West African Bankers Association – 1995 – 1997
• Trustee, Financial Investment Trust – Resigned
• Director, Eximguaranty Company Limited -Resigned
  Chairman, Board of Directors, West African Interbank Payments Systems (WAIPS) of West African Bankers Association.
• Member, Ghana Health Service Council -Resigned
• Member, Ghana Urban Transport Advisory Committee -Resigned
• Trustee, Venture Capital Trust Fund. -Resigned
• Director, National Investment Bank Limited -Resigned
• Director, Opportunity International Savings and Loans Limited
  Industry Work.

Mr. Mensah has done some great work in the banking and entire business community. Some of his research papers include:

• Energy Demand – The Economies of Establishing Charcoal Briquette Plants in Ghana.
• An Agro-Industrial Study: The Oil Palm Industry of Ghana (Published by the National Investment Bank)
• A survey of the Shea nut Industry in Northern Ghana (This study was carried out for the Centre for the Development Industry of the European Union for the Cocoa Research Institute of Ghana which at the time was looking for funding to improve the technology for the extraction of shea butter from the shea nut for export).
• Developing the Infrastructure (Soft and Hard) For a Credible Trade Settlement System to Support intra-ECOWAS Trade (Paper presented at African Export-Import Bank (AFREXIMBANK)/ West African Monetary Institute (WAMI) Seminar).
• On “Obstacles to Intra-Regional Trade in West Africa – The challenge of Non-Tariff Barrier and Poor Trade Settlement System”) May 2010