Wednesday, 14th September, 2022
Page 10Ghana’s leading mobilemicroinsurancecompany, aYoIntermediaries Ghanapicked two top awardsat the recently held GhanaInsurance Awards 2022, stampingits authority on the country’smicroinsurance space.aYo Ghana, a subsidiaryof MTN Ghana, walked awaywith the plaques for the MobileInsurance Leadership Award andthe Best Growing IntermediaryFirm of the Year award. Thecompany won those two out offour nominations for the night.aYo’s two range of policies –Recharge with Care (RwC) andSend with Care (SwC) tower aboveother products in the mobilebasedmicroinsurance space,and they are driving insurancepenetration up significantly,particularly among the informalsector.The company recentlyBusinessaYo Ghana pickstwo laurels at GhanaInsurance Awards 2022marked its fifth year in theGhanaian market, churning outsome very impressive numbersin terms of subscribers, as wellas volumes and value of claimssettled so far.But it has since improvedon those numbers. Currentlyits customer base stands at 8.74million plus, comprising of about7.3 million Recharge with Carecustomers and about 1.5 millionSend with Care customers.Year to date, aYo has paid outabout GHS10.56 million in claimsto over 32,524 policyholders andbeneficiaries.aYo in partnership withMTN provides microinsurancesolutions which leverage ontechnology to give all MTNsubscribers and Ghanaians(particularly, low-middle incomeand informal sector workerswho are most vulnerable to risk/daily eventualities) relevant,affordable, accessible and easy-DAILY ANALYST Wednesday, 14th September, 2022to-use insurance.ProductsAs stated above, aYo has twomain lines of products – Rechargewith Care and Send with Care.Recharge with Care (RwC)gives the policyholder up toGHs120 per night as hospitalcover upon admission tosupport admission bills, andup to GHs6,000 as life cover inthe unfortunate passing of thepolicyholder or a registeredfamily member who is anadditional life on the policy forfree. All at costs the policyholderonly Ghs6 per month via airtimededuction.To access RwC, one simplyneeds to dial *296# and sign up.Send with Care, leverages onMTN mobile money and givesthe policyholder up to GHS30,000Hospital and Life insurancecover benefits whiles the receiverof the MoMo also receives upto GHs3,000 Life cover in theunfortunate passing of thesender.SwC can be found on theregular MTN MoMo short code,*170#; select option 1 (transfermoney), select option 3 (Sendwith Care) and follow the prompt.When one opts for SwC, 5%of the amount he or she sendat any time, will be deducted aspremium from the wallet.RwC Annual CoverMeanwhile, as part of itsfifth years anniversary, aYo hasintroduced a new feature toRecharge with Care (RwC) policy,dubbed RwC Annual Cover, whichenables RwC policyholders get12 months cover of GHs6,000life and GHs120 Hospitalizationbenefit, at a one-time premium ofGHs130 annually.In addition, policyholdersget to earn 10% cash-back ifno claims occur within the 12months cover period.The Recharge with CareAnnual Cover feature is based onuser feedback and lessons gainedsince the launch of RwC in April2018.Aside the benefits mentioned,RwC Annual Cover givescustomers the opportunity toavoid missing some monthlypremiums, so they have thepeace of mind knowing they arecovered for the whole year in caseof any eventuality.The company pointed out thethere are No E-Levy charges onpremiums paid.For further enquiries, one canfind aYo on Facebook, Twitterand Instagram with the nameaYo Ghana, or reach them onWhatsApp number 0596918235,or request a call back on 296 forinformation on their productsand services, or call 100 on MTN.Customers can also dial*296#, select option 1(continue),then option 8 (more info), then 6(more), 4 (request call back).Govt CommendsVodafone Ghana ForSupporting YouthThe Deputy Ministerof Communicationsand Digitalisation,Honourable AmaPomaa Boateng,has lauded Vodafone Ghanafor supporting the youth indeveloping core digital skills thatadd value to their careers andventures.The deputy minister madethe commendation during heropening remarks at the VodafoneSkills Fair held on 1st September,2022.She added that she wasespecially impressed withVodafone’s support for thegovernment’s agenda of drivingdigital growth among the youth.According to her, VodafoneGhana has shown thiscommitment over the years bypartnering with her ministry toembark on various initiativessuch as the Girls in ICTprogramme, the Tertiary DigitalInnovation programme, andothers.While applauding Vodafonefor hosting the skills fair,she urged the youth to takeadvantage of the platform to gaindigital skills that will preparethem for future challenges.“We thank you, VodafoneGhana, for your support over theyears. We encourage you, theyouth, to take up this space. Payattention, ask questions, and berelevant. Thank you, VodafoneGhana, for supporting our youth,making them digital citizens, andmaking them secure online,” sheadded.The Vodafone skills fairis a flagship corporate socialresponsibility programmechampioned by Vodafone. Itcreates a platform for youngGhanaians to connect withexperienced professionals whohave built enviable careers intheir respective fields.Jeremy Awori AppointedCEO for Ecobank GroupEcobank TransnationalIncorporated (ETI),the parent companyof the Ecobank Group,has announced theappointment of Jeremy Aworias new Group Chief ExecutiveOfficer.He will succeed the currentCEO, Ade Ayeyemi, who is to retiresoon from the Group.A statement from ETI saidAdeyemi is retiring because he isturning 60 soon and his successorwas named by the Board ahead ofthe exact retirement date, whichwill be announced later.Ecobank Group Chairman,Alain Nkontchou thanked Ade forhis immense contribution duringhis seven years Ecobank GroupCEO.He said “Ade can be rightlyproud of his success in leadingthe implementation of theRoadmap to Leadership strategy,navigating Ecobank throughchallenges, seizing opportunities,and positioning Ecobank forsustainable long-term growth.Ade’s deep knowledge, unrivalledvision, commitment and infinitepassion made all the difference.It has been a real pleasureworking with him. I count on hiscontinuous support to ensure asmooth transition as we onboardJeremy Awori as the new GroupCEO.”The Board Chair describedAde AyeyemiJeremy Awori as a highlyrespected leader in the bankingindustry with significantachievements in his previouscapacities, adding that the Boardof Directors strongly believesthat his drive and strong focuson results will be vital in steeringthe Group in its next phase.Ade Ayeyemi expressedhis deep gratitude for theopportunity to lead theEcobank Group and stated: “Itis a privilege to lead an amazingteam of Ecobankers in bringingthe Ecobank Group back togrowth and continuing to realiseour commendable pan-Africanmandate.” He also expressedhis commitment to a smoothtransition and onboarding of hissuccessor.The incoming Group CEO,Jeremy Awori, respondingto the announcement of hisappointment said: “It is a greathonour to be appointed EcobankGroup’s Chief Executive Officer.I look forward to consolidatingthe transformation of Ecobank,a truly pan-African institutionfull of talented people, whileinnovating to create value forall Ecobank’s stakeholders. I amhumbled by the opportunity tocontribute to the continent’seconomic development andfinancial integration withEcobank Group”Jeremy Awori is joiningEcobank Group following a25-year-long career in thebanking industry, with almost adecade leading Absa Bank KenyaPlc as the CEO & ManagingDirector.Before joining Absa, Jeremyheld multiple leadership roles atStandard Chartered Bank acrossthe Middle-East and Africa. Hebrings a wealth of experience,skills, and industry know-how tothe Ecobank Group.
DAILY ANALYSTWednesday, 14th September, 2022 Page 11SportsAnthony Joshua 'acceptsTyson Fury's terms' for all-British December fightGraham Potter:Challenge of beingChelsea manager 'toobig to turn down'Graham Potter has saidthe challenge of beingChelsea manager was"too big to turn down".Potter, 47, leftBrighton to take over at StamfordBridge after the Blues sackedThomas Tuchel.His first game in charge willbe a home Champions Leaguegroup game against Red BullSalzburg on Wednesday."You have to look at the tradition,the quality, size and ambitionof the club here," said Potter,who signed a five-year deal withthe Blues."It's a completely differentchallenge from the one I had atBrighton."I had three fantastic yearsthere, but I'm very thankful tothe owners here for putting theirtrust in me."He added: "My main job is tohelp the guys that are here, helpthem improve and put a team onthe pitch that the supporters areproud of."We want to create our ownteam, our own identity so thatit's recognisable. We'll fight everyday for it."Chelsea sacked Tuchel the dayafter defeat by Dinamo Zagreb intheir opening Champions Leaguegroup game, and face a Red BullSalzburg side who drew withAC Milan in their first Group Ematch.Asked if he had ever attendeda Champions League match,Potter said: "Off the top of myhead, I don't think I have - butit's a good time for me to get intothe dugout."My experiences in the ChampionsLeague are just at supporterlevel."But obviously I've experiencedthe Europa Leaguewith Ostersund, winning atGalatasaray and getting throughthe group stage."Wherever we would start itwould be a heck of an introduction,wherever we start it's goingto be brilliant, so why not starthere?"Potter was appointed a dayafter the departure of Tuchel andon the same day as the death ofQueen Elizabeth II was announced.Football paused last weekendas a mark of respect following theQueen's death, meaning Chelsea'smatch against Fulham waspostponed.The home game against RedBull Salzburg is taking place,but the Premier League matchagainst Liverpool on Sunday hasalso been called off "due to eventssurrounding the Queen's funeral"on Monday, 19 September.The international breakcomes after this weekend'sgames, meaning Potter's firsttop-flight match will be at CrystalPalace on Saturday, 1 October."We quickly had to make adecision," said Potter about hisappointment. "There were a lot oftalks and it was very intense."I got a nice feeling for theowners on a human level. Theyare good people. Very intelligentpeople with an understanding ofwhat they want to achieve."They've thought in the longterm, they have a plan so thatwas exciting."The challenge was too big toturn down. It felt right for me."I'll always be respectful andthankful for Brighton & HoveAlbion, but this is an amazingfootball club and an amazingchallenge for us."Boehly on Tuchel and ChelseaplansMeanwhile, Chelsea chairmanTodd Boehly says he is consideringa multi-club model as a wayto develop young players.The new co-owner cited ManchesterCity, who own severalteams worldwide and the RedBull teams at Leipzig and Salzburg,as successful models.Speaking at the SALT conferencein New York, Boehly spokeabout sacked manager ThomasTuchel for the first time, sayingthe German didn't have "a sharedvision for the future"."We have talked about havinga multi-club model, I would loveto continue to build out the footprint,"Boehly said."One of the challenges atChelsea is that when you have18, 19, 20-year old superstars, youloan them to other clubs but youput their development in someoneelse's hands."I think our goal is to makesure that we can show pathwaysto young superstars to get on theChelsea pitch while getting themreal game time. And to me theway to do that is through anotherclub somewhere in a really competitiveleague in Europe."Anthony Joshuahas acceptedWBC championTyson Fury'sterms for an all-British heavyweight fight on3 December and is "awaitinga response", his managementcompany has said.Joshua, 32, was sent an offerby Team Fury, suggesting a 60-40purse split to the champion anda December fight date.The fight was agreed onFriday but the announcementwas delayed because of the deathof the Queen last Thursday.Initial terms have beenagreed but Joshua is yet to sign acontract.I won't tell Vinicius Jr tocalm down - AncelottiReal Madrid managerCarlo Ancelottisays he will not tellVinicius Jr to tonedown his style of playafter incidents in La Liga at theweekend.The forward argued withReal Mallorca players and theirIn a statement postedon Twitter and shared byJoshua, 258MGT said: "258 andMatchroom Boxing can confirm,on behalf of Anthony Joshua, thatwe accepted all terms presentedto us by Fury's team for a fight."Fury, 34, had said he wasretiring after beating DillianWhyte in April, and reiteratedthat claim last month, beforechallenging former worldchampion Joshua in a videoposted on social media.Joshua was beaten byUkrainian Oleksandr Usyk intheir rematch in Saudi Arabialast month, his third defeat in hispast five bouts.There is a rematch clause withcoach Javier Aguirre during a 4-1win for Madrid.Ancelotti could be seen tellingthe Brazilian to calm down, butplayed down the issue beforethe Champions League match athome to RB Leipzig."I see a great playerdemonstrating his talent - that'sa 50-50 split if Joshua beats Fury,but the venue for the Decemberfight, should it go ahead, is yet tobe confirmed.Cardiff's Principality Stadiumhas been mooted, while SaudiArabia or another country in theMiddle East could also host it.There are still hurdles toovercome before the fight isfinalised, with both fighterssigned to rival promoters andbroadcasters, although twotimechampion Joshua thisweek entered the WBC rankingsin sixth position in anothersignificant development.A boxer must be ranked in thetop 15 by all governing bodies tochallenge for a world title.it," Ancelotti said."I'm not deaf and I'm notstupid, I can hear what is beingsaid but this isn't a topic for us orfor Vinicius. He has extraordinaryquality and it's normal thatopponents try to stop him in histracks and the rules of the gameare there to protect all players,not just Vinicius."Vinicius, 22, has scored inhis past five matches in allcompetitions, and Madrid arein good form heading into theLeipzig game.The reigning Europeanchampions have won all five oftheir domestic fixtures to leadLa Liga, and won 3-0 at Celtic lastweek in their opening Group Fgame.Leipzig endured a humbling4-1 home defeat by ShakhtarDonetsk on the same night,which led to coach DomenicoTedesco being sacked the nextdayḢowever, they have madea flying start to life undersuccessor Marco Rose, whooversaw a 3-0 win over BorussiaDortmund in the Bundesligaon Saturday in his first game incharge
- Page 2 and 3: Page 2The quarter shekel coin, date
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Page 10
Ghana’s leading mobile
microinsurance
company, aYo
Intermediaries Ghana
picked two top awards
at the recently held Ghana
Insurance Awards 2022, stamping
its authority on the country’s
microinsurance space.
aYo Ghana, a subsidiary
of MTN Ghana, walked away
with the plaques for the Mobile
Insurance Leadership Award and
the Best Growing Intermediary
Firm of the Year award. The
company won those two out of
four nominations for the night.
aYo’s two range of policies –
Recharge with Care (RwC) and
Send with Care (SwC) tower above
other products in the mobilebased
microinsurance space,
and they are driving insurance
penetration up significantly,
particularly among the informal
sector.
The company recently
Business
aYo Ghana picks
two laurels at Ghana
Insurance Awards 2022
marked its fifth year in the
Ghanaian market, churning out
some very impressive numbers
in terms of subscribers, as well
as volumes and value of claims
settled so far.
But it has since improved
on those numbers. Currently
its customer base stands at 8.74
million plus, comprising of about
7.3 million Recharge with Care
customers and about 1.5 million
Send with Care customers.
Year to date, aYo has paid out
about GHS10.56 million in claims
to over 32,524 policyholders and
beneficiaries.
aYo in partnership with
MTN provides microinsurance
solutions which leverage on
technology to give all MTN
subscribers and Ghanaians
(particularly, low-middle income
and informal sector workers
who are most vulnerable to risk/
daily eventualities) relevant,
affordable, accessible and easy-
DAILY ANALYST Wednesday, 14th September, 2022
to-use insurance.
Products
As stated above, aYo has two
main lines of products – Recharge
with Care and Send with Care.
Recharge with Care (RwC)
gives the policyholder up to
GHs120 per night as hospital
cover upon admission to
support admission bills, and
up to GHs6,000 as life cover in
the unfortunate passing of the
policyholder or a registered
family member who is an
additional life on the policy for
free. All at costs the policyholder
only Ghs6 per month via airtime
deduction.
To access RwC, one simply
needs to dial *296# and sign up.
Send with Care, leverages on
MTN mobile money and gives
the policyholder up to GHS30,000
Hospital and Life insurance
cover benefits whiles the receiver
of the MoMo also receives up
to GHs3,000 Life cover in the
unfortunate passing of the
sender.
SwC can be found on the
regular MTN MoMo short code,
*170#; select option 1 (transfer
money), select option 3 (Send
with Care) and follow the prompt.
When one opts for SwC, 5%
of the amount he or she send
at any time, will be deducted as
premium from the wallet.
RwC Annual Cover
Meanwhile, as part of its
fifth years anniversary, aYo has
introduced a new feature to
Recharge with Care (RwC) policy,
dubbed RwC Annual Cover, which
enables RwC policyholders get
12 months cover of GHs6,000
life and GHs120 Hospitalization
benefit, at a one-time premium of
GHs130 annually.
In addition, policyholders
get to earn 10% cash-back if
no claims occur within the 12
months cover period.
The Recharge with Care
Annual Cover feature is based on
user feedback and lessons gained
since the launch of RwC in April
2018.
Aside the benefits mentioned,
RwC Annual Cover gives
customers the opportunity to
avoid missing some monthly
premiums, so they have the
peace of mind knowing they are
covered for the whole year in case
of any eventuality.
The company pointed out the
there are No E-Levy charges on
premiums paid.
For further enquiries, one can
find aYo on Facebook, Twitter
and Instagram with the name
aYo Ghana, or reach them on
WhatsApp number 0596918235,
or request a call back on 296 for
information on their products
and services, or call 100 on MTN.
Customers can also dial
*296#, select option 1(continue),
then option 8 (more info), then 6
(more), 4 (request call back).
Govt Commends
Vodafone Ghana For
Supporting Youth
The Deputy Minister
of Communications
and Digitalisation,
Honourable Ama
Pomaa Boateng,
has lauded Vodafone Ghana
for supporting the youth in
developing core digital skills that
add value to their careers and
ventures.
The deputy minister made
the commendation during her
opening remarks at the Vodafone
Skills Fair held on 1st September,
2022.
She added that she was
especially impressed with
Vodafone’s support for the
government’s agenda of driving
digital growth among the youth.
According to her, Vodafone
Ghana has shown this
commitment over the years by
partnering with her ministry to
embark on various initiatives
such as the Girls in ICT
programme, the Tertiary Digital
Innovation programme, and
others.
While applauding Vodafone
for hosting the skills fair,
she urged the youth to take
advantage of the platform to gain
digital skills that will prepare
them for future challenges.
“We thank you, Vodafone
Ghana, for your support over the
years. We encourage you, the
youth, to take up this space. Pay
attention, ask questions, and be
relevant. Thank you, Vodafone
Ghana, for supporting our youth,
making them digital citizens, and
making them secure online,” she
added.
The Vodafone skills fair
is a flagship corporate social
responsibility programme
championed by Vodafone. It
creates a platform for young
Ghanaians to connect with
experienced professionals who
have built enviable careers in
their respective fields.
Jeremy Awori Appointed
CEO for Ecobank Group
Ecobank Transnational
Incorporated (ETI),
the parent company
of the Ecobank Group,
has announced the
appointment of Jeremy Awori
as new Group Chief Executive
Officer.
He will succeed the current
CEO, Ade Ayeyemi, who is to retire
soon from the Group.
A statement from ETI said
Adeyemi is retiring because he is
turning 60 soon and his successor
was named by the Board ahead of
the exact retirement date, which
will be announced later.
Ecobank Group Chairman,
Alain Nkontchou thanked Ade for
his immense contribution during
his seven years Ecobank Group
CEO.
He said “Ade can be rightly
proud of his success in leading
the implementation of the
Roadmap to Leadership strategy,
navigating Ecobank through
challenges, seizing opportunities,
and positioning Ecobank for
sustainable long-term growth.
Ade’s deep knowledge, unrivalled
vision, commitment and infinite
passion made all the difference.
It has been a real pleasure
working with him. I count on his
continuous support to ensure a
smooth transition as we onboard
Jeremy Awori as the new Group
CEO.”
The Board Chair described
Ade Ayeyemi
Jeremy Awori as a highly
respected leader in the banking
industry with significant
achievements in his previous
capacities, adding that the Board
of Directors strongly believes
that his drive and strong focus
on results will be vital in steering
the Group in its next phase.
Ade Ayeyemi expressed
his deep gratitude for the
opportunity to lead the
Ecobank Group and stated: “It
is a privilege to lead an amazing
team of Ecobankers in bringing
the Ecobank Group back to
growth and continuing to realise
our commendable pan-African
mandate.” He also expressed
his commitment to a smooth
transition and onboarding of his
successor.
The incoming Group CEO,
Jeremy Awori, responding
to the announcement of his
appointment said: “It is a great
honour to be appointed Ecobank
Group’s Chief Executive Officer.
I look forward to consolidating
the transformation of Ecobank,
a truly pan-African institution
full of talented people, while
innovating to create value for
all Ecobank’s stakeholders. I am
humbled by the opportunity to
contribute to the continent’s
economic development and
financial integration with
Ecobank Group”
Jeremy Awori is joining
Ecobank Group following a
25-year-long career in the
banking industry, with almost a
decade leading Absa Bank Kenya
Plc as the CEO & Managing
Director.
Before joining Absa, Jeremy
held multiple leadership roles at
Standard Chartered Bank across
the Middle-East and Africa. He
brings a wealth of experience,
skills, and industry know-how to
the Ecobank Group.
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