No Photo Available

Last Update

2016-12-10T00:00:00.000Z

This profile was last updated on .

Is this you? Claim your profile.

Wrong Samuel Asiedu?

Mr. Samuel Annie Asiedu

HQ Phone:

Email: s***@***.com

Get ZoomInfo Grow

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Company Description

FirstBanC's Private Wealth Management service is designed to offer a full range of discretionary and non-discretionary investment management services to high-net-worth clients who wish to maximise their access to a flexible, personal service by a Wealth M ... more

Find other employees at this company (43)

Background Information

Education

BSc

Admin. ( Accounting Option

University of Ghana

MBA

Finance

University of Hull , UK

Web References (27 Total References)


Board of Directors

firstbancgroup.com [cached]

Mr. Amenyo replaces Mr. Samuel Asiedu who having worked passionately in the company since 2010, steps down as the Managing Director on September 30, 2016 for a different role within the First Group.


Mr. Samuel ...

firstbancgroup.com [cached]

Mr. Samuel Asiedu

Samuel Asiedu is the Managing Director and is in charge of Corporate Finance, Asset Management and Marketing Divisions in the firm. He leads in Business Developments for the company. He has several years of experience in financialadvisory services both in Ghana and the UK. His expertise includes financial due diligence reviews, business valuations, mergers and acquisitions, projects/investment assessments, capital structuring and venture capital.
Samuel prior to joining FirstBanC, worked with Deloitte and Touche, Ghana as a Financial Analyst where he handled high profile financial advisory engagements including lender, buyer and seller financial due diligence reviews and business valuations.
At FirstBanC, he leads in the design and provision of distinct financial corporate services to suit clients' needs in a timely fashion. Samuel holds an MBA (Finance) from University of Hull, UK and a professional qualification with CIMA.


According to the Managing Director of ...

firstbancgroup.com [cached]

According to the Managing Director of FirstBanC, Mr. Samuel Asiedu, the fund is doing very well because of prudent operational costs management coupled with the current high interest rate on money market instruments.


According to the Managing Director of ...

firstbancgroup.com [cached]

According to the Managing Director of FirstBanC, Mr. Samuel Asiedu, the fund is doing very well because of prudent operational costs management coupled with the current high interest rate on money market instruments.

...
The Chief Investment Officer Mr Samuel Asiedu in an interview with Joy FM Morning Show, educated Ghanaians on the need to have investments on the theme, "Spend some, save and invest some".


Mr. Samuel Asiedu, Acting ...

firstbancgroup.com [cached]

Mr. Samuel Asiedu, Acting Managing Director of the Company, made these disclosures when he met with some of its clients at an end-of-year Business Session organized by the company to interact with clients.

Mr. Asiedu said, First Fund, the company's flagship money market mutual fund, grew by 61% to GH¢22.3 million. It recorded an annualized yield of 37.12%, compared with 24% average interest rate for the 91-day Treasury Bill, according to Mr. Asiedu. He indicated further that interest on the First Fund by investors was strong, due to its high returns which led to a rise by 24% in clientele base. Mr. Asiedu disclosed that First Fund was adjudged the best money market fund of 2013, an award the Fund has won for four consecutive years.
He said the company's equity fund, Heritage Fund, also saw a strong growth of 33% to over GH¢1.3 million Ghana Cedis, adding that the fund posted a return of 8.87%, outperforming the GSE Index of 7.12%.
Mr. Asiedu indicated that it's Bulls and Bears programme which provides public education on investments, has contributed positively to the company's performance during the year.
He said the company continues to feature prominently in the pension fund management business. Inflows in pension schemes also went up. This is in part due to the timely investments decisions carried out by its pension team coupled with value added services provided to scheme Trustees. Pension funds under management is in excess of GH¢100 million with potential increase expected in 2015.
Mr. Asiedu said the last quarter of the year proved strong for the company, compared to the second and third quarters. The company, he said, experienced withdrawal of investments by investors during the third quarter as a result of the fall in the value of the cedi, adding however that, as the cedi recovered, investors were attracted by high yield on securities on the market, and it saw return of funds by investors for management.
According to Mr. Asiedu, the company is considering an introduction of another investment product on the market in 2015 if the market condition proves right.
He disclosed that plans are far advanced to set up another office outside Accra in 2015.
...
Samuel Annie Asiedu
Ag. Managing Director
FirstBanC Financial Services Limited.
Dated November 1, 2014
...
In his address, the Fund Manager, Mr. Samuel Asiedu, said the fund had maintained its lead as the best performing money market fund on the Ghanaian market.
He said the investment strategy in 2014 would be to invest funds in short-term securities such as the 91 and 182 day certificates of deposits, "especially during the first half of the year" "We will monitor how interest rates unfold and respond with appropriate tenures for our investments. We believe that the government will mop up spare funds from the treasury market to fund development projects which may push up interest rates," he said.
Mr. Asiedu gave the assurance that the management would continue to monitor the macroeconomic indicators to guide investment decisions to ensure maximum returns and minimize risk.

Similar Profiles

Other People with this Name

Other people with the name Asiedu

Diana Asiedu
Air Serv Corporation

Emmanuel Asiedu
Allianz AG

Joycelyn Asiedu
Teekay Shipping Corporation

Jeffery Asiedu
Alacer Group

Amos Asiedu
JHPIEGO Corporation

City Directory Icon

Browse ZoomInfo's Business Contact Directory by City

People Directory Icon

Browse ZoomInfo's
Business People Directory

Company Directory Icon

Browse ZoomInfo's
Advanced Company Directory