Business
Dr. Duffuor to receive Exceptional Achievement Award
Former Minister of Finance Dr. Kwabena Duffuor has been selected to receive the Exceptional Achievement Award at the Ghana UK-Based Achievement Awards (GUBA) 2015 Ceremony in London, UK, on July 4.The GUBA Awards Ceremony is a platform for celebrating excellence and exceptional achievement by Ghanaians and to honour extraordinary accomplishments of those in the UK and Ghana.Dr. Duffuor, a banker and economist who is also the Founder and Senior Advisor to HODA Holdings—an entity comprising about 15 business enterprises in key sectors of the economy—will be honoured for his achievements in banking and finance, real estate and media.
The award comes on the heels of the Former Minister and Central Bank Governor being named in January as the Man of the Year 2014 by TV network Viasat 1 Ghana. In November 2014, he also picked up a Lifetime Achievement Award for his contributions to banking and finance at the Ghana Banking Awards event, organised by Corporate Initiative Ghana (CIG).
In a separate invitation to the UK, Dr. Duffuor was a speaker at the 2015 Natural Resource Governance Institute Conference held from June 25-26 at the University of Oxford’s St. Catherine’s College.
The conference was organised by the Natural Resource Governance Institute (NRGI) and the Oxford Centre for the Analysis of Resource Rich Economies (OxCarre) to discuss the implications of falling commodity prices on producing countries, mainly the policy and governance challenges the development presents.
Dr. Duffour was part of a four-member panel which discussed the impact of the drop in oil prices on Nigeria and Ghana, where he highlighted the opportunity that Ghana missed because the country failed to hedge against the dramatic decline in oil prices from mid-2014, for the sake of its exports.
Under his tenure as Minister of Finance, Dr. Duffuor embarked on a hedging programme for Ghana’s purchases and exports of oil between 2010 and 2012, which helped to protect the government’s budget from price volatility.
The award comes on the heels of the Former Minister and Central Bank Governor being named in January as the Man of the Year 2014 by TV network Viasat 1 Ghana. In November 2014, he also picked up a Lifetime Achievement Award for his contributions to banking and finance at the Ghana Banking Awards event, organised by Corporate Initiative Ghana (CIG).
In a separate invitation to the UK, Dr. Duffuor was a speaker at the 2015 Natural Resource Governance Institute Conference held from June 25-26 at the University of Oxford’s St. Catherine’s College.
The conference was organised by the Natural Resource Governance Institute (NRGI) and the Oxford Centre for the Analysis of Resource Rich Economies (OxCarre) to discuss the implications of falling commodity prices on producing countries, mainly the policy and governance challenges the development presents.
Dr. Duffour was part of a four-member panel which discussed the impact of the drop in oil prices on Nigeria and Ghana, where he highlighted the opportunity that Ghana missed because the country failed to hedge against the dramatic decline in oil prices from mid-2014, for the sake of its exports.
Under his tenure as Minister of Finance, Dr. Duffuor embarked on a hedging programme for Ghana’s purchases and exports of oil between 2010 and 2012, which helped to protect the government’s budget from price volatility.
credit: b&ft
