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Richard Nii Armah Quaye retires as Board Chairman of Bills Micro Credit

Sally Quaicoe by Sally Quaicoe
April 28, 2025
Reading Time: 2 mins read
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Ghanaian businessman and renowned entrepreneur Richard Nii Armah Quaye has officially announced his retirement from his roles as CEO and Board Chairman of Quick Angels and Bills Micro Credit, marking the beginning of a new chapter in his life focused on national economic development.

This announcement was made during the RNAQ Holdings Press Conference held at the Alisa Hotel in Accra on Monday, April 28, 2025. While significant, this move was not entirely unexpected, as Quaye had previously hinted at his intention to step back from frontline business leadership ahead of his highly publicised 40th birthday celebration.

At the event, Quaye shared the reasons behind his decision, highlighting his commitment to youth empowerment and national advancement.

“As I retire from my roles as CEO and Board Chairman of all my businesses in Ghana and abroad, I aim to dedicate my time and energy to uniting young individuals with financial resources, exceptional skills, and early-stage businesses to drive a larger-scale economic revolution that will strengthen our nation.

“My only aspiration is to see our country thrive economically, and I have no political ambitions, despite any speculation,” he stated.

Quaye also took a moment to thank everyone he had collaborated with over the years, recognizing the collective efforts that contributed to the success of his ventures.

In a heartfelt appeal, he urged Ghanaian youth to work hard, harness their potential, and embrace entrepreneurship with resilience and determination.

In accordance with the succession plan, Lawyer Dei Kwarteng has been appointed as Chairman of Bills Micro Credit, while Emmanuel N. L. Lamptey will step into the role of CEO at Quick Angels.

Both Lawyer Dei Kwarteng and Emmanuel N. L. Lamptey expressed their sincere gratitude to Richard Nii Armah Quaye for his visionary leadership and mentorship over the years.

They assured him of their commitment to uphold his legacy and to work diligently towards the growth and success of Bills Micro Credit and Quick Angels.

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