Ghanaian economist and political risk analyst, Dr Theophilus Acheampong, has allegedly been appointed to the Finance Ministry. He heads to the Ministry as an economic advisor.
He goes there with rich insight, background and knowledge in not only in the area of the economy but petroleum as an expert. He has over the years been working with private investors, governments and international organisations on the intersections between natural resource extraction and public financial management.
He adds to a number of professionals appointed by the government to the Ministry to ensure the firm stability of the economy. Dr Acheampong has himself not spoken about his new role but loyalists of the New Patriotic Party (NPP) appear unhappy.
According to them, Dr Acheampong had all this while portrayed himself as a “neutral” only to accept appointment from President John Mahama.
In a post, one P. K. Sarpong who made the appointment public said “Dr Theo Acheampong has been appointed by President Mahama to the Finance Ministry as Technical Advisor. All the noise was for appointment. It is always about interest and Ghana. Fake neutral”.
Dr Acheampong who reacted to the post asked if he could have been called fake neutral if he did the same for 2024 flagbearer of the NPP, Dr Mahamudu Bawumia?
“P.K. Sarpong not surprising. So, if I’d done the same for DMB, I’d also be a “FAKE NEUTRAL” — this logic di33333. Theo abr3! 🙂 😂🏃”, he asked.
Dr Theo Acheampong is a petroleum economist and political risk analyst with over six years’ experience in providing economic and investment analysis as well as strategic advice and research support for projects in the global …
Biography
Dr Theophilus Acheampong is an economist and political risk analyst with over ten year’s knowledge and experience working with private investors, governments and international organisations on the intersections between natural resource extraction and public financial management. His areas of specialisation include energy policy formulation, fiscal regime design and modelling, investment analysis, petroleum accounting, contractual negotiations, local content, public finance, and trade and investment promotion. Theo’s political risk experience involves helping private and public sector clients navigate complex political, business and sovereign risks in Sub-Saharan Africa. This includes producing forward-looking risk forecasts and intelligence reports covering economic (sovereign risk, fiscal and monetary policy), legal (expropriation, contract risks) and operational risks (corruption, regulatory burden). Theo has a PhD in Economics (specialisation in petroleum economics and taxation) and an MSc in Petroleum, Energy Economics and Finance from the University of Aberdeen, Scotland. He has a BSc in Chemical Engineering from the Kwame Nkrumah University of Science and Technology, Kumasi, Ghana. Theo is an Associate Lecturer at The Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), University of Dundee. He is also an Associate Lecturer and Honorary Research Fellow at the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF), University of Aberdeen. He is also a non-resident Senior Fellow at Ghanaian Think Tank IMANI Centre for Policy and Education. He is quoted in international media such as the BBC, Bloomberg, AFP, CNBC, and has published in leading academic journals. Theo is currently co-editing the Palgrave MacMillan book project titled “Petroleum Resource Management in Africa: Lessons from Ghana”, which examines the challenges and opportunities from ten years of oil and gas production in Ghana.
By Gifty Boateng