Senior country partner of PwC Ghana Felix Addo retires

Senior country partner of PriceWaterhouseCoopers (PWC) Felix Addo is set to formally retire from the institution by the end of this month.

Mr. Addo is moving after more than 20 years of service with the accounting and advisory firm.

He began his service with firm in 1995 as a senior manager at the then Price Waterhouse Ghana. In 1997, when he was a director in the firm, he led over 27 staff out of the established offices in White Avenue into their new home at Gulf House. This was after Price Water House Ghana as gone through a major restructuring, just ahead of the announcement of a global merger between Price Waterhouse and Coopers and Lybrand.

Mr Addo told Joy Business he will be focusing more on some advisory services and current work at the Ghana Association of Restructuring and Insolvency Advisors (GARIA), where he is the founding President.

He will also be active in the work of a committee of experts set up the Attorney General to review the Companies Act.

He retires by end of this month as the Country Senior Partner of PwC Ghana and a member of the PwC Africa Governance Board.

Meanwhile Vish Ashiagbor, the current deputy country senior partner and advisory leader is likely to take over from Mr Addo.

Felix Addo holds an MA (Professional Accounting) from Loyola College, Maryland (USA) and a BSc (Administration) from the University of Ghana, Legon. He is a Chartered Accountant by profession and has professional memberships in the Institute of Chartered Accountants, Ghana; Institute of Chartered Accountants (Sierra Leone), and the American Institute of Certified Public Accountants.

Felix has over 26 years of practice and consulting experience in corporate finance and recovery, financial and forensic auditing, organisational restructuring and performance improvement in both developed and developing economies.

Some notable assignments he has undertaken include; privatisation of Ashanti Gold Fields Limited and Ghana Commercial Bank and was the Transaction Advisor to Government of Ghana (GoG) on the acquisition of VALCO. He was the Fairness Reporter for the Merger of Anglogold and Ashanti Goldfields Limited. Felix was the liquidation Advisor of Bank for Housing and Construction, Ghana Cooperative Bank and currently Ghana Airway’s Limited (In Official Liquidation). He is also the Chief Restructuring Officer for the State Transport Company Limited.

He is a founding member and President of the Ghana Association of Restructuring and Insolvency Advisors (GARIA) and a member of the Attorney General’s Committee of Experts currently reviewing the Ghana Companies Code. Felix is the Chairperson of the VCAP Project of the Commonwealth Hall Old Boy’s Association (University of Ghana) and also is the Chairman of the Board of Advisors of AIESEC, Ghana.

Felix is a regular presenter and participant in various thought leadership (TL) activities. Some of his recent non-PwC TL engagements include: (1) Discussant: Post -2015: High Level Panel Private Sector Roundtable (Jan 2013: Monrovia Liberia: Sponsor UN) (2) Keynote Speaker: Ethics and Professionalism: Induction Week for new Chartered Accountants (March 2013; Accra, Ghana, Sponsor: Institute of Chartered Accountants, Ghana) (3) Lead Panelist: Implications of Adopting and Implementing IPSAS: 2nd Africa Congress of Accountants (May, 2013, Accra Ghana, Sponsor: PAAA) (4) Joint Keynote Speaker: C-5 Second Forum on Anti Corruption (June 2013, Lagos, Nigeria; Sponsor: American Conference Institute).