Overview
Kwesi Amoako-Atta (18 December 1920 – 1983) was a Ghanaian banker and politician. During the First Republic, he served as the Minister for Finance from 1964 to 1966. He also served as a member of parliament for the Akim Abuakwa West constituency from 1964 to 1965 and the Kade constituency from 1965 to 1966. Prior to politics, Amoako-Atta was a banker. He worked with the Bank of British West Africa and the Bank of the Gold Coast (now Ghana Commercial Bank) prior to his appointment as deputy Governor of the Bank of Ghana. He was the deputy Governor of the Bank of Ghana from 1960 until 1964 when he resigned to enter politics.
Early life and education
Amoako-Atta was born on 18 December 1920 in Kibi in the Eastern Region of Ghana (then Gold Coast). He studied at the Local Government School in Kibi from 1926 to 1936 where he obtained his Standard Seven Certificate.
Career
At the age of 16 he was employed by the Bank of British West Africa as a clerk. While working at the bank, he studied banking and obtained his Diploma in Banking in 1945. He began studies for an external degree from the University of London but was unable to complete his course. While at the bank, he succeeded in organising his colleagues into a trade union and from 1945 to 1949 he was the Secretary of the Bank Employees Union and General Secretary when there was a split in the Union. In 1949 he was promoted to managerial status, this made him one of the first three Africans to attain this feat. As a manager, he was assigned to the Credit Department of the High Street Branch of the bank as its manager. In March 1953 he resigned from the bank and joined the Bank of the Gold Coast (now Ghana Commercial Bank). He was the foreign exchange and credit manager at the bank until 1957 when he was appointed assistant manager to the bank. In 1958 he gained a travelling scholarship and was attached to various banking institutions at various periods. These banking institutions were: The Workers' Bank (Bank Hapoalim) in Tel Aviv, The Central Bank of Israel in Jerusalem, Glyn Mills and Company in London, the Royal Bank of Scotland in Edinburgh, Agricultural Mortgage Corporation then in London and the Scottish Investment Institution. From 1958 to 1960 he was attached to the Messrs J. Henry Schroder Banking Corporation in New York City, and to the Bank Leumi Le-Israel in Tel Aviv, Israel.
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