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Chief Finance Officer

Mr. James Apam is a Chartered Accountant and has seventeen Years (17) years experience in Accounting and Finance, Internal Audit & Compliance, Corporate Treasury, Strategic planning and analysis, business development, Micro finance and SME banking. He has industry experiences in Airline, Insurance, Financial Services / Banking and Hospitality. He started his career in 2001 with the now defunct Ghana Airways as an Accounts Officer and later joined SIC Insurance Company Limited in 2003 as an Officer, Internal Audit and rose to the position of Chief Officer, Internal Audit prior to leaving SIC in 2010.

He later joined BEIGE Capital Savings and Loans in 2010 as Head of Finance with additional responsibility for procurement, IT and branch expansion. He was appointed as a Regional Head in 2011 and successfully managed Accra East Region expanding the bank’s branch network in the Region from three (3) to twelve (12) in three (3) years.

Prior to joining GLICO General Insurance in August 2017, he held the position of Group Treasury Manager / Finance Manager at Allterrain Services Group, a British Virgin Islands (BVI) company operating in eighteen (18) countries in Africa with annual turnover in excess of US$100M. He was responsible for managing cash and treasury related activities across the eighteen (18) countries in Africa as well as Financial Management issues pertaining to the BVI Company. He played key roles in preparing and coordinating group level reports and audits to facilitate major acquisition deals and post-acquisition integration.

From the day he assumed duty as Chief Finance Officer of GLICO General to date, James Apam has played leading role in: updating financial models and systems to address new regulatory requirements and emerging issues; reviewing GLICO General’s investment risk exposures with the view to recommending improvements in the company’s risk exposure management systems; designing investment strategies aimed at enhancing investment yields towards enhancing the company’s goal of regularly meeting growing financial obligations including claims settlement; restructuring of the accounting and finance functions to reflect new developments and challenges in the insurance industry; and designing capacity building programs to enhance staff efficiency and effectiveness.