Burgess COMMENTARY

Peter Burgess

Leadership Chat Redefining Power and Leadership in Africa: Innovative models enabling transition from high to inclusive sustainable growth What must we do to harness the power in a positive and strategic manner to be certain that we can take our continent forward? What socio-economic issues and next steps beyond growth metrics should be at the forefront of growth strategies? Focus of Discussion: • What has been your understanding of power on the continent over the years? • What does the emerging face of leadership and power look like across Africa? • Delve into the impact of leadership deficit and capacity gap • Impact of inadequate social infrastructure and human capital investments • Explore converting high growth to inclusive and sustainable growth • Examine ideas for building and sustaining markets • Assess the added value of leveraging regional comparative advantages Moderator Georg_KellGeorg Kell (Germany), Executive Director, United Nations Global Compact Georg Kell is the Executive Director of the UN Global Compact, the world’s largest voluntary corporate sustainability initiative with 8,000 corporate participants in 145 countries. A key architect of the Global Compact, he has led the initiative since its founding in 2000, establishing the most widely recognized multi-stakeholder network and action platform to advance responsible business practices. Mr. Kell also oversaw the conception and launch of the Global Compact’s sister initiatives on investment and business education, the Principles for Responsible Investment (PRI) and the Principles for Responsible Management Education (PRME). Mr. Kell started his career as a research fellow in engineering at the renowned Fraunhofer Institute for Production Technology and Innovation in Berlin. He then worked as a financial analyst in various countries in Africa and Asia. He joined the United Nations in 1987, and has been at the leading edge of the organization’s private-sector engagement ever since. A native of Germany, Mr. Kell holds advanced degrees in economics and engineering from the Technical University Berlin. Panelists charles kieCharles Kie (Cote D’Ivoire), Group Head Ecobank Charles KIE is the Group Corporate Bank Head for Ecobank Transnational Inc (ETI) since April 2012. He joined Ecobank in October 2011 as Chief Operating Officer of Ecobank Capital, the investment banking arm of the Ecobank group. Before joining Ecobank, Charles was the CEO of group Banque Atlantique (a banking group in West Africa). Charles spent several years working with Citigroup, first as Head of Corporate Finance for Francophone Africa and then as CEO for West Africa, based in Cote d’Ivoire and then Senegal. Charles is a graduate of the Harvard Business School Advanced Management Program. He holds an MBA from New York University Stern, HEC Paris and London School of Economics, a post graduate degree in Corporate Restructuring from the University of Clermont Ferrand (France) and is a graduate of Ecole Superieure de Commerce (Abidjan- Cote d’Ivoire) leadershipchatDaniel Monehin (Nigeria), Division President, Sub-Saharan Africa MasterCard Daniel Monehin leads MasterCard’s business across Sub-Saharan Africa as division president. In this role, Mr. Monehin is primarily focused on establishing the MasterCard brand presence, driving card issuance, increasing acceptance, deploying innovative solutions and partnering with market regulators. Mr. Monehin started his career at MasterCard in 2006 when he led the finance function at MasterCard Canada in Toronto as regional finance officer. Prior to joining MasterCard, he held senior finance roles at Hewlett-Packard and Ashland Inc. He possesses over 20 years of finance, consulting and relationship management experience spanning banking, manufacturing and distribution, hi-tech and payment industries. Mr. Monehin is also a recipient of the Fellow of Certified Management Accountants of Canada (FCMA) designation, a national award of distinction. His community-focused volunteer efforts are based on leadership development among the youth, entrepreneurs and professionals. Mr. Monehin received a Master of Business Administration from Queen’s University, Ontario, Canada, and a Bachelor of Science (Honors) degree in Accounting from the University of Lagos. He has earned the Canadian Certified Management Accountant (CMA), the U.S. Certified Public Accountant (CPA), and Fellow of the Institute of Chartered Accountants of Nigeria (FCA) designations. Ken OforiKen Ofori-Atta (Ghana), Non-Executive Chairman & Co-founder, Databank Ken Ofori-Atta is the non-executive Chairman of Databank and its Co-founder. He was the Executive Chairman from 1990 until his retirement on February 14, 2012. Databank has been awarded numerous professional, social and leadership awards during his incumbency including being awarded the 2007 Most Respected Company in Ghana. Ken is a director of two publicly listed companies – Enterprise Group Ltd and Trust Bank Ltd of The Gambia of which he is Chairman. He is a Director at the International Bank of Liberia and is also a Board Member of the Acumen Fund, a global Private Equity Social Investment Fund in New York and Chairman of AAF SME Fund LLC, a US$ 30m private equity for SME agribusiness in Africa with offices in Accra, Douala and Johannesburg. Ken has keen interest in education. He is on the Boards of New York University in Ghana, Central University College, University College of Agriculture and Environmental Studies. He is also Chairman of the College of Agriculture and Consumer Science of the University of Ghana; and a member of the President’s Council on International Activities of Yale University. He is Co-founder of the Africa Leadership Initiative of the Aspen Global Leadership Network and a Henry Crown Fellow of the Aspen Institute. Prior to co-founding Databank, Ken worked at Morgan Stanley and Salomon Brothers on Wall Street in New York. Ken went to Achimota School in Accra, Ghana; he has a BA in Economics from Columbia University in New York and an MBA from the Yale School of Management. Ken was honoured as a Donaldson Fellow at Yale University in 2010 and a John Jay Fellow at Columbia University in 2011. He was twice honoured by PWC Ghana as one of the Most Respected CEOs in Ghana.