Prince Kofi Amoabeng: From military officer to businessman

Stories and facts

Prince Kofi Amoabeng, born on February 22, 1952, in Bososo, Ghana, is a notable businessman who began his education at Penworth Preparatory School and continued at St. Peter’s Senior High School and Adisadel College.

He earned a bachelor's degree in administration from the University of Ghana in 1975. After joining the Ghana Armed Forces in 1975 and becoming a lieutenant, he studied accounting at the Royal Army Pay Corps. Amoabeng co-founded UT Bank, which collapsed in 2017 amid allegations of fund misappropriation, leading to ongoing legal battles.

He has received numerous awards, including Lifetime Achievement for Innovation in Africa (2013) and Ghana's Most Respected CEO (2008, 2010, 2012). His career reflects a journey from military service to entrepreneurial success and legal controversies.

Explore the life of Prince Kofi Amoabeng below.

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