Edward established the Fidelity Group in October 1998 after a successful career as a senior finance executive.
Edward established The Fidelity Group in October 1998 after a successful career as a senior finance executive. Fidelity is a financial services group comprising of Fidelity Bank Limited, Fidelity Capital Partners Limited, Fidelity Asset Management Limited, Fidelity Equity Fund 1 Limited and Fidelity Equity Fund 2 Limited. Fidelity Bank has assets of over US$ 250 Million and was adjudged the best growing bank in Ghana in 2007 by Corporate Initiative Ghana. Fidelity Capital Partners Limited manages in excess of US$ 60 Million in private equity venture capital funds and is the leading venture capital fund manager in Ghana. Under Edwards’ leadership, Fidelity has been able to establish itself as a leader in its markets in Ghana in terms of reputation, profitability, and assets under management.
Edward brought to Fidelity over fifteen years of experience in senior executive positions in finance and treasury management. Previous positions held include: Director of Global Emerging Markets (GEM) Ghana Limited (1995-1998), Chief Finance Officer of Inter-Afrique Group (1994 – 1997), Risk Manager (1990 – 1994) of Rudolf Wolff, the City of London based derivatives and foreign exchange trader and an auditor and management consultant with Coopers and Lybrand, London (1987 – 1990). Edward is a Chartered Accountant by profession and is a member of the Institute of Chartered Accountants in England and Wales.
Other directorships currently held by Edward are Fidelity Capital Partners Limited (Board Chairman), Fidelity Equity Fund 1 Limited, Africa Capital LLC; Board Chairman, College of Health Sciences; Council Member, University of Ghana Council.
Previous Directorships held by Edward include: Board Member of Takoradi International Company Limited (2002 – 2009), Executive Council Member of the Africa Venture Capital Association (2000 – 2005), Council Member of the Ghana Stock Exchange (2006 – 2007), Golden Beach Hotels Limited (2001 – 2004) and Ghana Agro Food Complex (2005 – 2006).
In March 2001, Edward was selected as one of the best twenty young leaders in Ghana for the inaugural class of the Ghana chapter of the Africa Leadership Initiative, modeled after the Aspen Institutes’ highly successful Henry Crown Fellowship Program. The Africa Leadership Initiative is an initiative of the Aspen Institute of Colorado, USA, and Technoserve.