Theresa is the Head of Procurement of the Minerals Income Investment Fund (Fund) since October, 2022. She is responsible for undertaking and coordinating all detailed procurement activities within the Fund. Theresa is a member of the Management Team of the Fund.
Theresa is a Chartered Procurement and Supply Chain Professional with over 29 years of corporate experience having worked in various fields including public and international procurement, contract management, strategic sourcing and market analysis, general logistics and support services, facilities management, trade/business facilitation (incl. promotion and contact identification for UK and Ghanaian businesses, trade mission event coordination, preparation of market research document (eg. Overseas Market Introduction (OMIS) reports)), donor fund management, event planning, coordination and management.
Theresa worked at the National Petroleum Authority (NPA), a regulator of the downstream petroleum sector in Ghana for nearly 12 years from January, 2011 to September, 2022 where she held various positions including Procurement Manager and Administrative Manager. Her responsibilities included undertaking and coordinating all detailed procurement, estate and logistics, transport and Information Technology (IT) activities of the NPA. Theresa’s commitment to the principles of procurement ensured that the NPA at all times adhered to the procurement laws of Ghana. Prior to joining the NPA, from September, 2007 to December, 2010, she worked at the UK Department for International Development (DFID), British High Commission in Accra, Ghana where she held various positions as a Trade Development Manager and a Trade Development Officer. Her responsibilities included public and international procurement, contract management, strategic sourcing and market analysis, general logistics and support services, facilities management, trade/business facilitation (incl. promotion and contact identification for UK and Ghanaian businesses, trade mission event coordination, and preparation of market research document (e.g. Overseas Market Introduction (OMIS) reports)), donor fund management, event planning, coordination and management.
She joined the Guaranty Trust Bank (Ghana) Limited, Accra, Ghana where from July 2006 to October, 2006, as the Head of Administration with oversight responsibility for the co-ordination and supervision of procurement, general administration and logistics management. Her career at the British High Commission in Accra, Ghana in May, 1992 where she worked until June, 2006 and her responsibilities included administrative duties at the UKTI and DFID Sections and supported the Technical Cooperation Officers (TCOs) with their residence and re-entry permits, travel arrangements (local and international) and accommodation issues.
She is passionate about excellence, professionalism, integrity, honesty and she ensures that laid down procedures are duly followed whilst ensuring that quality of service delivery is not compromised.
Theresa holds an Msc. in Supply Chain Management from Coventry University, UK, an MPA in Public Administration from Ghana Institute of Management and Public Administration (GIMPA), Accra, Ghana and a Bachelor of Business Administration from Greenhill College, GIMPA, Accra, Ghana.
She is a Chartered Member of the Chartered Institute of Procurement and Supply (CIPS), UK and a Member of the Chartered Management Institute (CMI), UK.
As Chief Technical Officer and Head of Operations, Kwabena oversees Business Development, Technical Services and the Research Unit of the Fund. He is responsible for improving revenue mobilization, identifying investment opportunities along the mining value chain, and ensuring maximization of value through post-investment monitoring and evaluation. He is also a member of MIIF’s Executive Management Team.
Kwabena brings over 28 years of corporate experience having worked in several countries across sub-Saharan Africa in various capacities in Technical, Management and Executive Leadership for SGS, one of the world’s biggest multinational service providers.
He previously served as Vice President, Africa for SGS (2018 -19) in charge of Mine Support Services where he focused on business development and optimization.
As the Regional Managing Director for French West Africa for nearly 5 years, Kwabena prudently managed diverse teams across multi-sectorial business lines to bring about double-digit revenue growth and massive improvement to the bottom line.
Prior to that he was responsible for Tropical Southern Africa for over 7 years, leading the business to register significant growth and transformation in the base metals industry across the entire Copperbelt regions of the DR Congo, Zambia, Malawi and Botswana. Kwabena spent a considerable amount of time from 1994 – 2005 working in various Gold Mining enclaves within Ghana and the sub-region leading diverse teams in operations and business development.
Kwabena holds an MBA from the University of Leicester (2008) and a BSc (Hons) Chemistry with Geology from the University of Ghana (1992). He is proficient in French, a member of the Ghana Institute of Directors and the Ghana Institute of Geoscientists.
Bubune, is an investment banker, venture capital investor and business strategist with extensive experience in Africa and North America.
As CIO and a member of MIIF’s Executive Management Team, Bubune leads the Investment Department, which is responsible for the analysis and efficient execution of all portfolio transactions consistent with the Fund’s Investment Policy and Guidelines. He oversees the daily management of MIIF’s invested assets and is responsible for maximizing the fund’s assets through SPVs, SPACs, bond issuance from domestic and external capital markets, and developing investment modules for domestic mining companies.
Prior to joining MIIF, he was a Venture Strategist at Toronto-based venture capital firm Highline Beta Inc. which invests in start-ups and consults for Fortune 1000 companies on new venture acquisitions and partnerships. He also worked as Chief Operating Officer at Argon Holdings, the largest integrated media holdings in Ghana. He led acquisitions and expansion of the group including the acquisition of an insurance company. His other prior roles include: Ag. CEO of an Asset Management Company, Lead Research Analyst, and Partner at investment banking boutique firm, Lincoln Investment Advisors (LIA).
He has experience in investment banking, debt syndication, project financing, launching a specialty mutual fund focused on the oil and gas sector in Ghana, advising start-ups, M&A advisory, equity valuations, corporate finance and raising equity.
Bubune, holds a master’s degree in Management Innovation and Entrepreneurship from the Smith Business School, Queens’ University, Canada. He also holds an MSc in Finance and Investment Analysis from Amity University, India and a BSc (Hons) in Statistics and Actuarial Science from the Kwame Nkrumah University of Science and Technology, Ghana. He is also a licensed investment advisor.
Seidu Sumaila (CA, PMP) – Chief Finance Officer
Head of Finance Department at MIIF. Consummate Finance and Accounting professional with over 15 years working experience with multinationals in senior and managerial roles in Accounting, Audit and Internal control functions within oil and gas, Mining industry for outside and within Ghana as well as diverse experience of public and private organizational partnership work relations.
At MIIF, He is Responsible for developing and leading the finance strategy as well as putting in place systems of internal controls to create an efficient finance support services required to ensure value for money in the use of funds and boost royalties’ mobilization strategies of the Fund as well as deployment of modern financial technology to ensure real time processing of financial information to facilitate decision making.
Previously worked at Air liquid Ghana – a subsidiary of the Air Liquide Group as Chief Accountant in Ghana and as Finance Team member for West and Central Africa responsible for designing group Consolidation reporting systems to meet the France stock exchange compliance and requirements and developing internal controls systems to implement SAPIN LAW within the West and Central African affiliates of the group.
He has work with a team of Tax Consultants from KPMG to develop and align tax systems of Air Liquide Ghana to improve tax compliance leading to tax refunds to Air liquide Ghana in 2017 after a successful tax audit by Ghana Revenue Authority Spanning over Five (5) years.
He also has wide experience in group Treasury and Risk management systems after his appointment in Ghana with the Air liquide as a Treasury and Risk Manager in 2013. He led the management team from Ghana to successfully secured an ALL-ASSET policy risk claim against Alliance Insurance following an incident with an on-site Oxygen plant at Newmont Ahafo mines.
Sumaila is a Chartered Accountant with the Institute of Chartered Accountants Ghana (ICAG) and Certified Project Management Professional with the Project Management Institute (PMI) of United States of America. Holds MBA in Finance from the University of Cape Coast, Msc. Development Finance from the University of Ghana and BSc. Accounting (First Class Honors), from Ghana Institute of Public Administration (GIMPA) and Attended Tamale Secondary School (TAMASCO)
Kojo Frempong heads the ‘Outside Inside’ view of the Fund. As Head of Corporate Affairs and External Relations, he is responsible for the day-to-day management of the Reputational Risk, Corporate Social Investment, Stakeholder Management and Corporate Communications of the Minerals Income Investment Fund.
Prior to assuming his current role, Mr. Frempong was the Official Cabinet Approved Spokesperson for Government of Ghana’s Infrastructure Ministries being; the Ministry of Roads and Highways; Ministry of Communications; Ministry of Works and Housing; Ministry of Sanitation, Ministry of Transport and the Ministry of Railways Development. In this role, he was responsible for coordinating the project narrative of government in its infrastructure drive.
Prior to working with government, Kojo Frempong spent twenty years (20 years) in the Ghanaian Media where he either owned or worked in the Newspaper, Radio and Television sub-sectors. He was named the Best Television Presenter in Ghana for two consecutive years, 2014 and 2015 by the Radio and Television Awards.
Kojo Frempong has extensive experience in multi-disciplinary affairs including business development, governmental relations, finance and community development. He previously served as the Lead Implementor for Ghanaian Mobile Network Operators (MNOs) Airtel and Tigo in their community programs targeted at talent and youth development.
Mr. Frempong is a member of the Green Republic, a non-profit grassroots climate action organization committed to the fight against climate change through a vigorous afforestation program and other climate mitigating actions. He is also deeply interested in higher educational programs for Ghanaians everywhere in the world through the Youth Icons Project.
Mr. Frempong earned a Bachelor of Economics and English degree from the University of Ghana and a Masters in Public Administration degree from the Harvard Kennedy School, Harvard University. Kojo Frempong also studied at the Massachusetts Institute of Technology. He has a certificate in Nonviolence Conflict Reconciliation from the University of Rhode Island.
Kennedy is the Head of Business Development at MIIF. He is responsible for leading the definition, development, and execution of minerals income growth strategies and revenue generating campaigns to achieve objects of the Fund and also responsible for building a robust royalty pipeline and forecast that will yield future profitable revenue streams from gold and non-gold minerals for the Fund.
Previously the Head of Corporate Affairs of the Fund, he was responsible for creating and communicating a favorable public image for the Fund.
Prior to joining the Fund, Kennedy was an economic and management consultant with John Young & Associates where he was involved in enterprise development, investment appraisals and risks, policy analysis, commercial and market due diligence, social and environmental impact assessments, project planning and management, management trainings and system transfers. He has developed strategic policy and implementation frameworks for institutions such as GIADEC, Ministry of Special Development Initiatives (MSDI), Rural Enterprises Project, Vice Presidents Secretariat and several private organizations.
He has lectured in economics policy, energy economics and applied macroeconomics at the Ghana Institute of Management and Public Administration (GIMPA) and Kwame Nkrumah University of Science and Technology (KNUST).
At the early stages of his career, he worked briefly as an auditor with the Ghana Audit Service and as an Economic and Data analyst with the Financial Control Department at Ecobank Ghana.
Kennedy holds a PhD in Economics with focus on the extractive industry from the University of Hull and an MSc. in Economics and Business from the University of Hull with special focus on international business, project and operations management. He also holds a bachelor’s degree in Economics from the Kwame Nkrumah University of Science and Technology (KNUST). He attended Mfantsipim School.
Miss Rosetta Esi Asmah is the Head of the Human Resources and Administration Department of the Minerals Income Investment Fund (MIIF).
Miss Asmah has over ten years experience in administration and human resource spanning Ghana and the United Kingdom. She has a background in both law and business administration. She holds a Bachelor of Science in Business Administration with a major in Management Studies and Human Resources and a Bachelor of Laws (LL.B) degree both from the Central University in Ghana. She also holds a Master of Laws (LL.M) with specialisation in International Oil and Gas law from Robert Gordon University, Aberdeen in Scotland. She is a product of the Holy Child School in Cape Coast, Ghana.
Rosetta has various certifications in Human Resource and is a member of the Association of certified HR Professionals in Ghana. She is an expert in labour law and Its application with certification from the Human Resource Certification Center in Ghana.
She has several years of Human Resource consulting in the United Kingdom and prior to joining MIIF worked for Competence Facility Management, UK Limited in Aberdeen, Scotland where she assisted the team responsible for talent management.
Rosetta has also worked at Société Générale Bank Ghana as an Administrative Officer at the Small and Medium Scale Enterprise Unit and as a Human Resource Officer at Forewin Ghana Limited where she worked in various units including the legal department and as an executive assistant to the CEO.
As Finance Manager, Linda’s role is to supervise the management of the financial resources of the Minerals Income Investment Fund. Linda oversees the Finance department in ensuring strong financial controls and management, financial reporting and analysis.
Linda brings over 15 years of Corporate Financial Management experience, having worked in several industries such as media, telecommunications and advertising both In Ghana and in the United States.
She previously served as the Finance Manager for the Multimedia Group (2009 -2022) handling 8 brands in Finance Business Partnering, Budgeting and Performance Management.
As the Finance Manager for multiple brands, Linda’s focus was on budget preparations, Cost Controls, Financial and Performance reporting. She focused on the prudent management of business resources and revenue growth, and in the process realized great process efficiency and improvement in the bottom line. Prior to that, she worked for Premier Media Company (now Vizeum) as the Finance manager.
Linda holds an MBA from the London School of Business and Finance (2019), a Bachelor in Business Administration, Finance from Howard University (2003) and a Chartered Accountant with the Chartered Institute of Management Accountants (2020).