Daniel is a corporate and commercial lawyer with expertise across various facets of law including mergers and acquisitions, fast-moving consumer goods, hospitality, pharmaceuticals, agribusiness, mining, telecoms, and tax.
As the Head, Legal & Compliance, Daniel leads the Legal & Compliance Department which is primarily responsible for overseeing all of MIIF’s legal matters, including litigation, regulatory compliance, and government relations. He provides direction on major legal and regulatory issues regarding MIIF’s operations and its investments.
Daniel joined MIIF in March 2023 following roles in both a law firm and as in-house counsel in the petroleum industry. As legal manager at the National Petroleum Authority (NPA) which is the regulator of the petroleum downstream industry in Ghana, Daniel was responsible for corporate and regulatory matters of the NPA. Daniel was instrumental in the procurement process and the drafting of contractual documents regarding the design, supply, installation, operations, and maintenance of a national fuel monitoring system valued over USD100m.
Before going in-house, Daniel was a senior associate at Bentsi-Enchill, Letsa & Ankomah (BELA), a leading law firm in Ghana where he honed his expertise across various facets of law including structuring, advising, drafting, reviewing, and negotiating various legal documentation. He also advised on corporate structuring, corporate governance, and other legal aspects. At BELA, he advised, reviewed, and prepared legal documentation on the 2012/2013 syndicated loan of USD1.5billion, and the 2013/2014 syndicated loan of USD1.2billion to the Ghana Cocoa Board for the purchase of cocoa beans.
Daniel holds a Master of Laws from York University, Canada. He has a Qualifying Certificate in Law from the Ghana School of Law and a Bachelor of Law from the University of Ghana. Before his legal education, Daniel obtained a Bachelor of Arts in Economics and Sociology from the Kwame Nkrumah University of Science & Technology.
Daniel is a member of the Ghana Bar Association and the International Bar Association.
Mercedes Maud Naa Dei Ashie brings over twelve (12) years of relevant experience, having worked with two of Ghana’s prominent accounting firms, namely KPMG and PwC Ghana.
She commenced her career at KPMG after completing her national service at the University of Ghana, where she served as a Teaching Assistant with the College of Agriculture and Consumer Sciences. At KPMG, she held the role of Associate, engaging in various tasks including Internal Audit, Internal Control, IT Audit, Value for Money Audits, Compliance Reviews, and Corporate Governance Reviews across a spectrum of industries such as Energy, Natural Resources, Financial Services, Public Sector, and Consumer Industrial Products.
Mercedes also conducted training sessions for the general public on Internal Audit and the utilization of Interactive Data Extraction and Analysis (IDEA) software. Her proactive involvement in business development activities, encompassing proposal writing and client engagement, significantly contributed to securing future engagements.
Subsequently, Mercedes transitioned to PwC, where she further honed her expertise in Internal Audit, Control, and Corporate Governance Reviews across diverse industries, assuming a senior role. She has actively participated in various training programs focusing on internal audit, people management, and Performing an Effective Quality Assessment.
Professionally, Mercedes is a Chartered Accountant accredited by the Association of Chartered Certified Accountants (UK) and a member of the Institute of Chartered Accountants Ghana and Institute of Internal Auditors Ghana. She holds a Bachelor of Science in Consumer Sciences and a Master of Science in Hospitality and Tourism from the University of Ghana – Legon and the University of Ghana Business School – Legon, respectively.
Theresa is a seasoned Chartered Procurement and Supply Chain Professional with over thirty years’ varied work experience across various sectors. With eighteen (18) years dedicated to public and international procurement activities, planning, strategic sourcing, contract management, market analysis, cost management, stakeholder and supplier management, procurement risk management, she brings a wealth of expertise to her current role.
Theresa joined the Fund in October 2022 as the Head of Procurement. In this capacity, she oversees all procurement activities, including reviewing procurement requests, preparing documentation, tender evaluations, and analyzing cost efficiency. She serves as the Secretary to the Entity Tender Committee and is an integral member of the Management Team.
Before her current role, Theresa held several key positions at the National Petroleum Authority (NPA), Accra, Ghana from January 2011 to September 2022, including Procurement Manager and Administrative Manager. Her responsibilities encompassed procurement, estate and logistics, transport, and IT activities.
Theresa’s career also includes her tenure as a Trade Development Manager/Officer at the UK Trade & Investment (UKTI), British High Commission, Accra, Ghana from September 2007 to December 2010. She facilitated trade missions, prepared market reports, and supported UK businesses in Ghana. Additionally, she worked at the Guaranty Trust Bank (Ghana) Limited as the Head of Administration where she managed the procurement and estate and logistic functions. Theresa also worked at the Department for International Development (DFID), British High Commission, Accra, Ghana where she held various positions including procurement activities, projects, facilities management, external consultancy inputs as well as logistical arrangements for technical cooperation officers.
Theresa holds multiple postgraduate degrees, including a degree in Supply Chain Management from Coventry University, UK, and a Master of Public Administration from the Ghana Institute of Management and Public Administration (GIMPA), Accra, Ghana. She is also a Chartered Member of the Chartered Institute of Procurement & Supply (CIPS), UK, and a Full Member of the Ghana Institute of Procurement and Supply (GIPS).
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
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).