Co-Founder & Chairman, Databank Group
Keli Gadzekpo is co-Founder and Chairman of the Databank Group. Keli has served as Executive Vice-Chairman and as Group CEO of Databank. During his tenure at Databank, Keli garnered a solid reputation of having in-depth knowledge and understanding of domestic and international capital markets. Keli is currently the Chief Executive Officer of Enterprise Group Ltd.
Keli holds a BSc in Accounting from Brigham Young University in the US and is a qualified CPA from the US where he worked with KPMG Peat Marwick in the Washington DC office and with Steuart Petroleum in a number of capacities.
He is a Mason Fellow from the Harvard Kennedy School of Government where he obtained a Masters in Public Administration – Class of 2006; and is a member of the Index Advisory Council of the Mo Ibrahim Foundation; an African initiative that has been established to stimulate debates on good governance across sub-Saharan Africa and the world, to provide objective criteria by which citizens can hold their Governments to account and to acknowledge and support exemplary African Leadership.
Keli is the Chairman of the Databank Foundation, which is the Corporate Social Responsibility arm of the Databank Group with a focus on three main areas - leadership development, education and mental health.
Keli sits on the Academic Board of The Roman Ridge School, an Accra-based school which caters for elementary to upper secondary education; and serves on the board of Nature Conservation Research Centre (NCRC). NCRC is an NGO which is involved in the development of rural ecotourism and community protected areas as a means of economic development and resource conservation. Keli is married with two children.
Stephen Douglas Cashin
Stephen Douglas Cashin is a non-Executive Director of the Databank Group and Chairman of Databank Brokerage Limited.
He is the founder and CEO of Pan African Capital Group, LLC (PACG). Established in 2004, PACG focuses on three key areas; investment banking and advisory services, asset management, and private equity throughout Africa. PACG has a portfolio of investments primarily in West Africa, with a significant focus in financial services. PACG also advises US and international companies on investments in the infrastructure, natural resources and other areas across the continent.
Stephen was founder and has served as Managing Director and head of the Washington Office of Modern Africa Fund Managers, LLC from 1998 until 2004. He was responsible for identifying the majority of the investors in Modern Africa Growth and Investment Company LLC, a $105 million fund capitalized by private institutional investors and leveraged with the support of the U.S. Overseas Private Investment Corporation. He was integrally involved in identifying and structuring Modern Africa’s investments and management of the portfolio.
He serves on a number of boards including International Bank (Liberia) Limited, one of the strongest and oldest bank in Liberia; Feronia Inc, an agricultural business listed on the Toronto Stock Exchange engaged in acquiring and consolidating farm land and operations in Africa; DiscoveryTel, a communications company carrying traffic into and out of Africa from the US; the Board of Visitors of Georgetown University’s School of Foreign Service; Africare, Better Way Foundation, and the Jesuit Refugee Service/USA.
Stephen served on the board of the Corporate Council on Africa as Vice Chair in 2007 and as a board member from 1999 to 2007; he served on the African Wildlife Foundation as Chair of the Finance Committee from 2005 to 2008. He is a member of the Trade Advisory Committee on Africa (TACA), the Council on Foreign Relations and the Bretton Woods Committee. He was a senior fellow at the Center for Strategic and International Studies and speaks at numerous events focused on the development of Africa’s financial markets. He has participated in numerous initiatives focused on generating growth in the African Markets.
Stephen was employed by Equator Bank, a member of the Hong Kong and Shanghai Banking Corporation from 1984-1996. He opened Equator’s office in Nairobi, Kenya, and was responsible for developing the bank’s relationships with central banks, international agencies and corporations, particularly in Ethiopia, Kenya, Tanzania, and Uganda. In 1993 he was appointed as the bank’s representative in Washington, D.C. In that capacity, Stephen managed the bank’s relationships with United States governmental and international agencies, trade organizations, and financial institutions. Later he assumed responsibility for managing the corporate finance portfolio of the bank, advising investor groups, structuring transactions, devising new financial products, and implementing privatization transactions. Stephen began his career as a Peace Corps volunteer from 1979-1981 in Zanzibar, Tanzania. He graduated from the School of Foreign Service at Georgetown University and has his MBA from Boston College.
Yofi Grant is a non-Executive Director of Databank Brokerage Ltd, Databank Private Equity Ltd and Databank Financial Services Ltd. Prior to his retirement on December 31, 2012, Yofi was an Executive Director with responsibilities to Databank Financial Service Ltd and Databank Private Equity Ltd and was Chairman of Databank Brokerage from 2003 to 2009. He is a Partner at GrantDupuis Investment Management Ltd, a real estate management and investment firm in Ghana.
Yofi has over 23 years’ experience in banking and finance. Prior to his joining Databank in September 1996, he worked at CAL Bank Ltd for seven years in a number of capacities including head of capital markets. His experience includes treasury, credit and marketing, financial restructuring and management, divestiture and privatization as well as equity, debt and project finance and significant capital markets practice and private equity. He was team leader of a number of ground breaking transactions in the domestic capital markets while at Databank.
Yofi has developed excellent relationships with major participants in the domestic financial markets and international fund managers in Europe and the USA, thereby acquiring extensive distribution and networking capability. He also has developed very significant relationships and networks within the domestic business environment. He has spoken on various issues relating to finance in Africa and African Capital markets in the conferences and seminars in the US, UK and in Africa. Yofi consulted for the UNDP's Africa Asia Business Forum (AABF) from 2000 to 2001, building strong relationships with African and Asian business people. He was on the board of GT Vodafone (GT), where he became Chairman of the Board of GT ONETouch, (now Vodafone - a mobile telephony operator) from 2005 to 2008. He served as advisory Board member of the Oversight Committee of the Ghana Medium Term Private Sector Development Strategy from 2002 to 2008. He was a member of the Special Presidential Team for Ghana Asia Business from 2002 to 2008. He was also the Chairman of the Listing Committee of the Ghana Stock Exchange, a member of the Governing Council of the Ghana Stock Exchange. He is currently Chairman of the Finance Sector Committee of the Association of Ghana Industries (AGI), where he is a National Council member. He serves on a number of private sector company boards. Additionally he has been an adjunct lecturer at the Ghana Institute of Management and Public Administration (GIMPA), the West African Institute of Finance and Economic Management (WAIFEM) as well as the National Banking College in Ghana.
Yofi is a fellow of the Africa Leadership Initiative West Africa (ALIWA), and a member of the Aspen Global Leadership Network (AGLN). He serves on the board of ALIWA, which is engaged in promoting the principles of good and responsible leadership in the region.
Yofi holds a B.Sc in Psychology and an M.Phil from the University of Ghana, Legon.
Ernest D. Akore
Ernest D. Akore is a non-Executive Director of Databank Brokerage Ltd. He is the Lead Consultant at Lokko, Engmann & Associates (LEA), a Financial Consultancy Service head quartered in Accra, Ghana. He is a highly accomplished banking executive with excellent track record in increasing efficiencies, growing revenues, reducing costs and stimulating bottom-line growth for midsize to multimillion dollar organizations.
His expertise spans multiple industries across domestic and international markets. He comes with a rare blend of banking and finance leadership backed by superior results in service delivery, business development, marketing, operations and human capital development. He has a proven record in leading bank restructuring and reorganization in challenging settings and coordinates effectively with cross functional teams for attainment of company goals. He is also a non- Executive Director of Databank Brokerage Limited and Databank Epack Limited. His other Directorships include Joissam Ghana Limited and Achimota School Endowment Trust Fund. He sits on the Advisory Board of the College of Humanities, University of Ghana, Legon.
Ernest began his banking career as a management trainee with Bank of America. After four years with that firm he accepted a middle management position with Wells Fargo Bank in California where he spent eleven years honing his banking skills. With a track record of demonstrated excellence in the banking industry, he relocated to West Africa in 2001 and took up the position of Chief Operating Officer of the then distressed Trust Bank Limited in The Gambia to help restructure and reorganize it. He relocated to Ghana in 2004 and joined Databank Financial Services Limited as the Executive Director of the Firm’s newly constituted Retail Services Unit. He resigned from Databank in 2014 to set up his own Consultancy.
Ernest holds a Bachelor’s Degree in Business Administration from Whittier College, California and a MBA from the Graduate School of Management, United States International University in San Diego, California.