Despite the Best Point Savings and Loans Managing Director, Declared Dead

The chief executive of fast-growing financial institution Best Point Savings and Loans, Philip Odei Asare has reportedly died of complications from Covid-19, MyNewsGh.com has learned.

While other details of his death have been kept under wraps, his family and friends have been in state mourning.

With the death of this prominent banker who was being treated at one of the hospitals designated for the treatment of Covid-19, many Ghanaians suddenly learned that Covid-19 was real and not a joke.

The late Phillip Odei Asare reportedly had no underlying medical conditions and was in good health when the virus struck him dead. MyNewsGh.com has learned that it is very strict in applying Covid-19 protocols among its staff in the office and at home with his family. He could hardly be seen without a mask.

His profile

Philip Odei Asare was a professional accountant (ICA-GH, 2001) with more than twenty years of experience in commercial banking, investment banking regulations and financial services.

He holds an MBA (2003) and BA (1994) from the University of Ghana. Employed by FINCA Microfinance Holdings, Washington DC, Philip was seconded to FINCA Zambia (a financial services company) as CEO and then as interim CEO. Prior to FINCA Zambia, Philip was Senior Vice President of Finance at The Royal Bank Limited, where he headed the Bank’s financial management and strategy function.

In a previous role, as Group Head for Risk Management, Access Bank, Ghana, Philip led the risk management workflow during the execution of the business combination / merger of Access Bank and ‘Inter-Continental Bank Group, after the acquisition by the first. the last. Prior to assuming the risk management role, Philip also served as Group Head, Commercial and Consumer Banking for Access Bank, Ghana, where he led the execution of the commercial and consumer banking strategy of the bank.

Prior to joining Access Bank Ghana in 2010, Philip served as Interim Managing Director of Opportunity International Savings & Loans Limited (OISL). Prior to taking on the role of CEO, Philip was Chief Financial Officer and Deputy Managing Director of OISL. He also worked for the Banking Supervision Department of the Bank of Ghana for 8 years during which he undertook several assignments related to bank reviews and reviews.

—MyNewsGh