Asoma Banda Biography – Age, Career, Family Crises And Net Worth
Renowned entrepreneur, business magnate, philanthropist, role model and patriot, born in June 1933 at Kintampo in the Brong Ahafo Region of Ghana.
Alhaji Asoma Abu Banda was destined to create employment and economic empowerment for many people worldwide. Asoma Banda is Ghana’s wealthiest businessmen.
Age
He is 89 years old.
Career
Alhaji Asoma Abu Banda naturally got initiated into the family business. At a tender age, he worked with his father in the road transport business and showed early signs of hard work and entrepreneurship. Between 1955 and 1957, he was assigned the arduous job of buying cattle from Mail, Niger, and Upper Volta (now Burkina Faso) and transporting them on foot to Kumasi, a job which he executed with diligence and devotion.
Determined to broaden his horizon and to acquire the requisite entrepreneurial competencies, Alhaji Asoma Abu Banda traveled to London in 1960 to further his education. He later entered the service of Imperial Chemical Industries (ICI) of London as a Director in charge of Africa and the Middle East.
By dint of his high entrepreneurial spirit, Alhaji Banda ventured into private business in 1975 and established with partners, a shipping company in London, OT Africa line, and Antrak Group of Companies (London and Ghana). Due to his able leadership and business acumen, more than 146 branches of his companies have been opened in countries across the world, creating jobs for over 500,000 people globally.
Alhaji Banda’s investments in the transport industry, particularly in Ghana, continues to assume greater heights. Today, he is the proud Chairman of Amtrak Air, a hundred percent Ghanaian – owned Company, and the first of its kind in the history of the aviation industry in the country.
Alhaji Banda has shown tremendous commitment and support toward the socio-economic development of the country. He was very instrumental in making the Antrak Group of companies (Ghana) finance the reconstruction, refurbishment, and maintenance of the maternity wing of Korle Bu Teaching Hospital in 1999 at a cost of nearly one billion Cedis. In collaboration with his foreign partners, he invested ten million US Dollars (about 70 billion Cedis ) in the establishment of the Tema Container Terminal resulting in the creation of about 100 jobs.
Family Crises And Health Challenges
What seemed to have turned the hospital ward into a boxing ring were attempts to relocate him to Kintampo for his rehabilitation.
Two sisters of Alhaji Banda want him to be moved from the facility where he is receiving medical attention under the care of his second wife.
According to reports, the sisters claim their brother had expressly requested relocation to Kintampo.
The sisters, Hajia Shatta Abu Banda and Hajia Meeli Banda, said they had not seen their brother for the past five years until a recent visit to the 37 Military Hospital on December 6, 2022.
“I wept at the hospital when I saw him [Alhaji Banda]. He kept staring at me, but I turned away….When I returned, he raised his head and said, ‘I want to go to Kintampo’, and we left in tears,” Hajia Shatta narrated.
According to her, there was a case that ended up in court, and the verdict was delivered in favor of Alhaji Banda’s second wife.
She acknowledged the two wives of Alhaji Banda but appealed to President Akufo-Addo, former President John Dramani Mahama, and other leaders to intervene to appeal to the wives to have the businessman transferred back to his roots at Kintampo.
“We know the court has ruled in favor of the second wife. But he is our beloved family member. We recognize what his two wives have done for him. We will not be ungrateful to them. But our brother has requested to go to Kintampo. And so we are appealing to the president to intervene,” She told Rainbow Radio in an interview monitored by The Ghana Report.
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Net Worth
He has an estimated net worth of $200 million dollars.